Insightful Commentary on Corporate Legal Matters.

Highlights of the Initial Treasury Report on U.S. Financial Regulatory Reform

In February of 2017, President Donald Trump issued an executive order (the “Executive Order”) identifying “core principles for regulating the U.S. financial system” and directing the U.S. Department of the Treasury (the “Treasury”) to study and recommend potential regulatory reforms to align United States (“U.S.”) financial system regulation with the core principles. On June 12, 2017, the Treasury published an initialRead the rest of this page »

Financial Choice Act: Implications for Institutional Investors


On June 8, 2017 the United States House of Representatives passed H.R. 10, the Financial Choice Act (the “FCA”), along party lines.  The nearly 600-page bill includes numerous measures to repeal or roll back regulations impacting the United States financial system, but primarily targets the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank”).  The bill contains provisions that haveRead the rest of this page »

Key Provisions To Include In Your Confidentiality Agreement

Many companies require employees, agents and third parties to sign form confidentiality agreements to protect such companies’ proprietary information and trade secrets. This week, the Securities and Exchange Commission (SEC) signaled that such seemingly innocuous agreements could land such companies in hot water for violation of federal law. On April 1, 2015, the SEC announced enforcement action against KBR, Inc.Read the rest of this page »

Buying an Existing Franchise Unit

Purchasing a franchise unit can be a great way for an entrepreneur to benefit from an established business model and the guidance and brand recognition of a franchisor. However, entrepreneurs may be able to avoid the time and cost of establishing a franchise unit from the ground up by purchasing an existing franchise unit from an existing franchisee. Existing franchiseesRead the rest of this page »

Stock Purchase, Asset Purchase or Merger?

There are a variety of ways to structure the sale or acquisition of a business or enterprise. The most common methods are stock purchases, asset purchases and mergers. Determining which structure to use is often a matter of negotiation and is impacted by the various considerations of the parties to the transaction. Stock purchases. In a typical stock purchase transaction,Read the rest of this page »

Selling Your Business

Selling a business can be a time-consuming, emotional and stressful process. We’ve compiled the following tips to help you prepare: 1) Get organized. Compile your key documents and maintain them in a fashion that is easily accessible. Key documents include: financial statements and tax returns for the previous three years, contracts and agreements with vendors and customers, board resolutions, copiesRead the rest of this page »

Obtaining EB-5 Financing for Your Business or Project

Since 1990, EB-5 financing has become an increasingly popular way to fund commercial enterprises and real estate projects at competitive rates.  If you are interested in seeking EB-5 financing for your commercial enterprise or project, here are a few things you should know: What is EB-5 financing?  The term “EB-5” refers to the fifth employment-based visa preference category under theRead the rest of this page »

Tips for Buying an SRO Building in New York


If you’re thinking about buying a building that has a single residency occupancy (SRO) designation in New York, there are a few things you should know: SROs are multiple dwellings with units consisting of one or two rooms for occupancy by one or two people in New York.  Such multiple dwellings can be permanent residences or temporary housing (e.g. hotels). Read the rest of this page »

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