New to the angel or seed investing world? If the answer is yes, then looking at potential investment opportunities can be a daunting task – especially if you are in a market like Boston, Silicon Valley, or New York City, where there are large, well developed startup ecosystems and lots of investment opportunities. PSH Partner,...
For Decades corporations have incorporated mandatory arbitration provisions into contracts in an effort to control litigation expense and uncertainty and to secure the adjudication of disputes in the forum of their choosing. Reliance on contractual arbitration provisions to obtain these outcomes in cases which involve claims directly against employees may be unwise as a result...
Client AlertsCorporate & BusinessQualified Opportunity Funds: Ten Issues to Keep in Mind
January 25, 2019
By Russell J. Stein and Jay R. Peabody The Tax Cuts and Jobs Act signed into law at the end of 2017 created a tax incentive aimed at increasing economic development in low-income communities. The law generally allows a taxpayer to defer paying taxes and “roll over” a capital gain into a Qualified Opportunity Fund....
CannabisClient AlertsWill 2019 Be the Year Rhode Island Legalizes Adult Use Marijuana?
January 15, 2019
Governor Gina Raimondo has proposed legislation that would legalize the recreational use of marijuana by adults in Rhode Island. Proposed bills to legalize recreational use of marijuana in the Ocean State have stalled in the past, or have been sent to committees for more study. Governor Raimondo and other legislative leaders have been reluctant to...
Client AlertsIntellectual PropertyAmendments to the Massachusetts’ Data Breach Notification Law Create Additional Notification and Response Requirements
January 15, 2019
By Colin Coleman, John Ottaviani, and Brian Reilly On January 10, 2019, Massachusetts Governor Charlie Baker signed new legislation to amend Massachusetts’ data breach notification law. The new law, which will be effective as of April 11, 2019, makes a few changes that are particularly relevant to Massachusetts businesses: 1. Emphasis on Immediate Breach Notification. Although the...
Client AlertsIntellectual PropertyHow Vulnerable Is Your Business to a Cyber Attack or Data Breach?
January 10, 2019
By Colin Coleman, John Ottaviani, and Brian Reilly January is a good time for all businesses to review and update their cybersecurity policies and practices. We are only a few days into 2019, and already we are hearing breaking news about new data breaches. The German government suffered a breach involving many prominent politicians and celebrities....
Client AlertsCommercial & Public FinanceIRS Issues New Regulations Governing TEFRA Approvals of Tax-Exempt Private Activity Bonds
January 8, 2019
By Eugene G. Bernardo II or David M. DiSegna On December 31, 2018, the IRS issued new regulations governing public approval requirements for tax-exempt private activity bonds under 26 U.S.C. § 147(f), which were originally enacted as part of the Tax Equity and Fiscal Responsibility Act of 1982, or TEFRA. The regulations make several significant changes to...
Client AlertsIntellectual PropertyCyberliability Tips: Watch Out for Holiday Scams!
December 18, 2018
As companies dash toward year-end, scammers are also hard at work. In one common scam, known as “spoofing,” an employee receives an email that appears to be from within an organization in order to trick the recipient into sending the scammer money, sensitive information, or other materials of value. These emails are typically addressed from...
Client AlertsCommercial & Public FinanceIRS Clarifies Its Stance on Tax-Exempt Advance Refundings After the Tax Cuts and Jobs Act
December 17, 2018
By Eugene G. Bernardo II and David M. DiSegna Section 13532 of the Tax Cuts and Jobs Act of 2017 (the “2017 Act”) eliminated the tax exemption for interest on advance refunding bonds (defined as bonds issued more than 90 days before the redemption of the bonds to be refunded). However, after the 2017 Act’s...
Client AlertsCorporate & BusinessIntellectual PropertyDon’t Be Cryptic When Talking About Crypto – A Beginner’s Guide to Digital Assets
December 12, 2018
By David Wittmann and Brian Reilly Within the past few weeks, the Securities and Exchange Commission (SEC) has settled two enforcement actions against companies engaged in the sale of digital assets. It also separately settled actions against DJ Khaled and Floyd Mayweather for their failure to disclose payments they received in relation to promoting the sale of...
