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It May Be Time to Tune Up Your Connecticut LLC Operating Agreement

USA - May 25 2017 As Day Pitney reported a year ago, the new Connecticut Uniform Limited Liability Company Act (New Act) is poised to replace the existing Connecticut…

David A. Swerdloff

New Beneficial Ownership Reporting Obligation Approved

USA - January 13 2021 Tucked into the end of the National Defense Authorization Act for Fiscal Year 2021, passed by Congress on January 1, is a new law that creates a…

Brian W. Fischer, Patricia Jimenez

Proposed crowdfunding rules: the storm before the calm?

USA - October 25 2013 Almost a year and a half after Congress passed the Jumpstart Our Business Startups (JOBS) Act in April 2012, and following scores of subsequent…

Jeffrey A. Clopeck

SEC proposes rules to allow general solicitation and advertising in Rule 506 and Rule 144A securities offerings

USA - August 31 2012 When the Jumpstart Our Business Startups Act (JOBS Act) became law in April of this year, one of its promised jump-start mechanisms was the elimination of the ban on using general solicitations and advertising in private offerings exempt from securities registration, subject to further Securities and Exchange Commission (SEC) rulemaking.

Edward Bion Piepmeier, Michael T. Rave

COVID-19 Order: Connecticut Nonstock Corporations May Now Hold Remote Membership Meetings

USA - May 14 2020 Charities and other Connecticut nonstock corporations may hold their membership meetings online pursuant to emergency Executive Order No. 7NN (the…

Patricia Jimenez, Lydia Joo Lee, David A. Swerdloff