New York City Office655 Third Avenue, 20th Floor
New York, New York 10017
(212) 490-2020 Phone
(212) 490-2990 Fax
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White Plains, New York 10603
(914) 684-2100 Phone
(914) 684-9865 Fax
Dutchess Office21 Old Main Street, Suite 203
Fishkill, NY 12524
(845) 896-1106 Phone
(845) 896-1107 Fax
A Finder by any other name would smell…like a Finder. With all due respect to William Shakespeare, the SEC, in a recent no action letter, once again confirmed its longstanding position that regardless of how you dress it up, a “finder” receiving fee-based compensation for introducing investors would be required to register as a broker-dealer. [...]
Continue reading...When deciding whether to use employees or independent contractors, companies often consider cost as a deciding factor. Choosing to use independent contractors over employees appears to be a good choice, as it can decrease certain expenses, such as workers’ compensation insurance, payroll taxes, overtime pay, and minimum wage obligations. While this may be a viable [...]
Continue reading...Companies that combine, sell, and buy businesses use two different strategies to achieve their goals: mergers and acquisitions. While many mergers and acquisitions are harmonious, sometimes companies experience hostile takeovers, defined as those that occur without the consent of the target company. That is, an acquirer takes control of the company by purchasing its shares [...]
Continue reading...On February 28, the SEC expanded its rules regarding executive compensation and corporate governance. These changes could have profound implications for companies of all sizes. The amendments represent the SEC’s efforts to increase investor awareness of companies’ executive compensation practices and a desire to provide shareholders with a greater voice in their companies. The amendments [...]
Continue reading...Simply put, convertible debt is debt you can covert to equity. Convertible debt financing is much like a traditional loan in that a company borrows money from angel investors, friends, and family or even venture capitalists, and promises to repay it with interest by the end of the term of the loan. Convertible debt financing [...]
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