New Rules for Waiting Periods in 2014 An employer with a policy that requires a waiting period before an employee is eligible for health insurance coverage should review it to ensure they are compliant heading into 2014. Proposed rules implementing the Patient Protection and Affordable Care Act would prohibit employers from imposing waiting periods of [...]
Lifting the Ban on General Solicitation in Rule 506(c) Securities Offerings In a long awaited and widely sought change, the SEC has recently announced a final rule (the “final rule”) lifting the ban on general solicitation or general advertising (collectively, “general solicitation”) in certain private offerings of securities, as required by the JOBS Act. The [...]
With Governor John Kitzhaber’s signature of House Bill 2296 on June 18, Oregon passed a law recognizing the Benefit Corporation as a legal entity. This new legislation marks the culmination of an ongoing effort by members of the business community to gain legal recognition of business motives other than financial gain. It seems fitting that [...]
As I am sure you are aware, there has been a significant amount of uncertainty as to the effect of various provisions of the United States tax code due to the prolonged congressional negotiations associated with the fiscal cliff. However, with President Obama’s recent signature on the American Taxpayer Relief Act of 2012 (“ATRA”), the [...]
Background In an effort to stimulate job creation and economic growth by improving access to capital, Congress has taken action in the form of legislative changes that will radically alter the landscape of the securities laws and practices that affect many of our clients—both businesses and investors alike. Current Status The Jumpstart Our Business Startups [...]