Rimon

Let the Fundraising Begin:  SEC Harmonizes and Improves its Exempt Offering Framework

Insight Debbie A. Klis Debbie A. Klis · November 06, 2020
On November 2, 2020, the Securities and Exchange Commission (“SEC”) voted to amend and simplify its rules governing private-offering exemptions under the Securities Act of 1933 (the “Securities Act”) to promote capital formation (the “Amendments”).[1]  The SEC release included discussion of their intent to

Continue Reading…

Finding Your Fortune - SEC’s Proposal To Allow Non-Registered Finders

Insight Carl Sherer Carl Sherer · November 02, 2020
The US Securities and Exchange Commission proposes to establish a new limited and conditional exemption from the broker registration requirements for natural persons engaging in certain limited capital-raising activities on behalf of issuers seeking to raise funds from accredited investors. If adopted, the proposed exemption will

Continue Reading…

New ESG-Related Regulatory Obligations for Private Funds

Insight Debbie A. Klis Debbie A. Klis · September 23, 2020
The consideration of environmental, social and governance factors alongside financial factors in the investment decision-making process are increasingly popular ways for investors to evaluate companies and funds in which they may choose to invest.  According to the most recent report from US SIF Foundation, investors held $11.6 trillion in

Continue Reading…

Lessons From The Prohibition Era: How New Enforcement Presents Greater Legal Risk For Illicit Market Cannabis Businesses featured in Benzinga

Insight Patrick Devine Patrick Devine · August 21, 2020
Patrick Devine's article in Benzinga examines the use of tax evasion as an enforcement strategy in the prohibition era and highlights the recent use of the strategy by the California Department of Tax and Fee Administration to prosecute illegal cannabis businesses.  It then discusses potential federal enforcement in California as the

Continue Reading…

Webinar: Optimizing Customer Relations During a Pandemic – A Legal Perspective

Insight Dror Futter Dror Futter · August 19, 2020
Dror Futter, Partner at Rimon Law, joined Work-Bench for a tactical webinar on "Optimizing Customer Relations During a Pandemic – A Legal Perspective." A companion playbook is available for download at https://bit.ly/329yy8W Dror Futter focuses his practice on startup companies and their investors, and has worked with a

Continue Reading…

USCIS Issues Clarifying Guidance for Redeployment of EB-5 Capital

Insight Debbie A. Klis Debbie A. Klis · July 30, 2020
USCIS issued a policy alert (PA-2020-11) (the “Policy Alert”) on July 24, 2020, to disclose recent amendments to its internal policy manual governing the “redeployment” of EB-5 capital. The Policy Alert applies expressly to all Form I-526 and Form I-829 petitions pending on or after the date of publication. The Policy

Continue Reading…

Client Alert: Main Street Lending Program

Insight Juan Zuniga Juan Zuniga · Isabella Dominguez Isabella Dominguez · July 13, 2020
Updated July 10, 2020 The Main Street Lending Program (“MSLP”), created by the CARES Act and incorporated into Section 13(3) of the Federal Reserve Act, will provide a total of $600 billion in financing for small and medium-sized businesses affected by the coronavirus pandemic. Using funds allocated by the CARES Act, the Federal

Continue Reading…

Rimon Partner Joe Rosenbaum featured in the Cyberspace Lawyer with article, “Managing Contract Risks & Remedies in a Time of Coronavirus”

Insight Joseph I. (“Joe”) Rosenbaum Joseph I. (“Joe”) Rosenbaum · July 02, 2020
Joe Rosenbaum's article "Managing Contract Risks & Remedies in a Time of Coronavirus", featured in the Thomson Reuters publication Cyberspace Lawyer, Volume 25, Issue 5. Read the publication below. Joe Rosenbaum is a New York‐based partner at Rimon, P.C. and Chair of Rimon’s Global Alliance.  Rimon is an innovative and

Continue Reading…

United States Supreme Court Opinions in Seila Law v. Consumer Financial Protection Bureau and Bostock v. Clayton County

Insight John R. Mussman John R. Mussman · July 01, 2020
June 30, 2020 In the last two weeks, the United States Supreme Court has issued two opinions that may have an impact on banks, financial institutions and other financial service companies: Seila Law, issued June 29, 2020, will have an impact on the leadership structure of the CFPB, and perhaps ultimately the Federal Home Finance Agency (FHFA).

Continue Reading…

Enterprise Playbook: Legal Challenges & Customer Relations During COVID-19

Insight Dror Futter Dror Futter · June 22, 2020
Rimon Partner Dror Futter was recently featured in venture fund Work-Bench’s Enterprise Playbook Series. In his article, Dror covers topics such as: How to best handle customer and contract evaluation, contract renegotiation, contract renewal, contract termination, handling non-paying customers, and force majeure. Read more here. Dror

Continue Reading…