by Bennett Yankowitz | Dec 25, 2013 | Oil and Gas
On September 20, 2013, California Governor Jerry Brown signed into law SB4, enacting a comprehensive framework for regulating well stimulation, including hydraulic fracturing (“fracking”), of oil and gas wells. SB4 requires the Department of Conservation...
by Bennett Yankowitz | Dec 23, 2013 | Raising Capital
On December 18, 2013, the Securities and Exchange Commission (SEC) announced its proposed Regulation A+ Rules. These Rules will implement Section 401 of the JOBS Act, which Congress enacted in January 2012 to ease the process of capital raising by start-ups and other...
by Bennett Yankowitz | Dec 16, 2013 | LLCs and Limited Partnerships
Get Ready for the California Revised LLC Act California’s version of the Revised Uniform Limited Liability Company Act (“RULLCA”) goes into effect on January 1, 2014. The RULLA replaces the Beverly-Killela Limited Liability Company Act, which has...
by Bennett Yankowitz | Dec 11, 2013 | Raising Capital
We have just published a comprehensive article entitled: A Venture Capital Attorney Explains how Entrepreneurs can get Funding for Start-Ups and Early-Stage Companies. The article discusses: What types of companies are candidates for venture capital, angel capital and...
by Bennett Yankowitz | Nov 11, 2013 | Crowdfunding, Raising Capital
We have published a new article on Raising Capital Over the Internet: Equity Crowdfunding vs. Accredited Investor Offerings. This article contains a detailed discussion of the capital raising for companies wishing to utilize the Internet in the process. Three...
by Bennett Yankowitz | Nov 2, 2013 | Crowdfunding
On October 23, 2013, the SEC issued a press release announcing its long awaited equity crowdfunding rules. The proposed rules were released a few days later, and are now open for a three-month comment period. Assuming revised rules are published after comments are...
by Bennett Yankowitz | Oct 30, 2013 | Crowdfunding
The Jumpstart Our Business Startups Act (the JOBS ACT) has made it easier for companies to use websites and web portals to raise capital through the sale of stock or other forms of equity over the Internet. Two distinct methods for capital raising are made available...
by Bennett Yankowitz | Jul 22, 2013 | Raising Capital
On July 10, 2013, the Securities and Exchange Commission (SEC) adopted final rules amending Rule 506 of Regulation D under the Securities Act of 1933 (Securities Act) permitting issuers to engage in general advertising and general solicitation in Rule 506 offerings...
by Bennett Yankowitz | Jul 5, 2013 | Raising Capital
In a previous article on General Solicitation under the JOBS Act, I discussed the groundbreaking changes mandated by Section 201 of the Jumpstart Our Business Startups (JOBS) Act, passed by Congress and signed by President Obama in April 2012. Traditionally, a key...
by Bennett Yankowitz | Jun 26, 2013 | Raising Capital
A previous article in this series contained an overview of the private placement exemptions under Regulation D of the Securities and Exchange Commission (SEC), including such key concepts as accredited investors and integration of separate offerings. It also listed...
