As business owners approach retirement age, many begin to focus on the next phase of their business – one that does not involve them. This article describes some of the major planning gaps common to business owner’s succession plans. 1. No business succession plan. Most business owners are experts in […]
The Closer – M&A, Securities & Corporate Counsel
Relief from SEC Broker-Dealer Registration for Private Company M&A Brokers
Among professionals engaged in mergers and acquisitions, there has been a long-standing concern that advisors participating in M&A transactions and receiving transaction-based compensation fall within the definition of “broker” under Section 3(a)(4) of the Securities Exchange Act of 1934 (Exchange Act), where the transaction takes the form of the sale […]
501(c)(3) Organizations: Political Activity and Lobbying
Originally published in the September/October 2015 edition of The Nebraska Lawyer. With an election year approaching, and voters and politicians facing contentious social issues, nonprofit organizations may be eager to engage in public policy discussions. Despite IRS attempts at clarity, there remains a great deal of confusion among nonprofit organizations […]
The Basics of Crowdfunding
Author’s note: This article is the first of three addressing the issue of crowdfunding – the next will address pending federal legislation and the final will address the recently adopted crowdfunding exemption in Nebraska. What is crowdfunding? Crowdfunding is the pooling of money by the general public in support of […]
Executing Successful Joint Ventures (Part 1): Frequently Asked Questions
This is the first installment in a four-part series on cross-border joint ventures. It is intended to provide an introduction to the common questions, concerns and opportunities presented by international partnerships. Why choose a cross-border joint venture? Businesses often use joint ventures to expand internationally to fill a gap in […]