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Establishing a U.S. Entity – A Primer for Israeli Digital Health Start-Ups

Had a fabulous experience serving as faculty on the topic of Establishing a U.S. Entity  for Tel Aviv University’s annual 4-day bootcamp, Health Care Technological Innovation – From Idea to Commercialization, hosted by the Lahav Executive Program for Biotechnology, Medical Device and Health IT Entrepreneurs and Managers at the Coller School of Management.  This unique intensive program focuses…

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CMS Reimbursement is a Key Start-up Strategy

Note this important commentary on the key role of CMS in the U.S. Healthcare system.  Pivoting to start-ups, it is vital that entrepreneurs plan from day 1, the pathway to CMS reimbursement.    

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Chapter 7 debtor dissolved under State law held responsible for ERISA plan

A company liquidated in bankruptcy and dissolved under state law maintains responsibility for an ERISA plan if it continues to make pay-outs in the company name  The 11th Circuit has interpreted ERISA to require such defunct company’s affiliates to back-stop such plan.  A timely PBGC take-over would have mitigated this result.  

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AI Lab discovers rapid model for Protein structure

Artificial Intelligence is accelerating the path toward drug development, including vaccines.  Neural networks modeled on the human brain learn skills by analyzing Big Data.  In the Digital Health space, AI is being used in numerous ways from virtual assistants for physicians to forging a patient’s personalized medical journey.  

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SEC Proposes issuance of Equity to Gig Workers

The SEC has proposed a rule to exempt the issuance of equity to gig workers in alignment with employee treatment.  This is a positive for workers who would like a share of the company, although it further highlights the disparate treatment of these workers at the Gig employer’s convenience.  

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Pre-Bankruptcy Planning can include Removal of Trust Beneficiary

Pre-Bankruptcy planning requires debtors to make sure that their pre-bankruptcy asset transfers are made for equivalent value to avoid being clawed back as fraudulent to creditors.  A CA court recently held that a parent’s removal of a beneficiary (soon to be debtor) from a family trust is not a fraudulent transfer.    

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