CLIENT SPOTLIGHT: Factory Five Racing

Factory Five Racing was founded in 1995. Over the years they have grown from a start-up business in a small garage to become the world's largest manufacturer of "build-it-yourself" component car kits. They employ a full-time crew of about 40 people, and are located in Wareham, Massachusetts (about an hour south of Boston). They make their products right here in the USA, in the heart of New England where American manufacturing was born.
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Fred and Danny Magnanimi grew up watching their father create beautiful, handcrafted jewelry in the family's Cranston, RI jewelry manufacturing business. When the boys grew up, Fred moved to New York and began working on Wall Street as an investment banker, while younger brother Danny, still enamored by the family business, stayed home. Increased competition from overseas businesses created significant challenges for the business, but Danny was confident he could find a way for the family business to evolve and thrive. This was his mission, this was his passion.
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        What The Heck Is A Cooperative? An Exploration Of Uncommon Entity Structures In RI

        PS&H partner, Amy T. M. Oakley presents What The Heck Is A Cooperative? An Exploration of Uncommon Entity Structures In RI at a workshop during the Rhode Island Bar Association 2019 Annual Meeting.  

        This workshop offers an analysis of lesser-adopted entity types in Rhode Island, such as low-profit limited liability companies and benefit corporations and cooperatives, with a focus on selection, formation, taxation, reporting and governance issues. Special guest Maureen Ewing, Director of Business Services of the Rhode Island Secretary of State, offers suggestions on ways to avoid common lawyer filing errors.

        Joining Amy for the presentation are:

        Marcus Howell, Esq., McLaughlinQuinn, LLC
        Theodore B. Howell, Esq., Howell Legal, Inc.
        Maureen Ewing, RI Secretary of State

        Click to view the Rhode Island Bar Association 2019 Annual Meeting full schedule . For more information and to register online, click here.