Posts Tagged ‘federal law’
Enjoyed talking about AI in the IP and FDA spaces with Sheba’s SPARC ventures!
Mazal Tov to the amazing and innovative digital health entrepreneurs at Sheba Medical Center that just graduated from the SPARC bootcamp. I really enjoyed talking with them about how to plan their AI ventures and navigate their IP and FDA planning. Looking forward to staying in touch!
Read MoreEstablishing 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…
Read MoreHybrid Independent Contractor Model Emerges
Uber, Lyft and DoorDash have successfully obtained the CA vote to retain their workers as independent contractors, but they conceded to providing some “employee” benefits to obtain this milestone vote. This may be the beginning of a new model for independent contractor talent hiring in the growing gig ecosystem.
Read MoreSEC to Expand Crowdfunding Investment Pool
The SEC recently voted to expand its mission to help small business fundraise in private markets by increasing the threshold crowdfunding amount to $5M and the amounts that the non-accredited can invest. This new access is expected to boost entrepreneurship, now ever more present in our new normal of COVID-19.
Read MoreDebt of Single Asset Real Estate entity blows Subchapter V Eligibility
A recent bankruptcy court decision has found the debt of an affiliate that is ineligible to file for Subchapter V to be included in the $7.5M threshold for eligibility (and post-CARES Act, a $2.7M threshold). In this case, the affiliate was a single asset real estate entity. This decision appears counterintuitive. Stay tuned for an appeal?
Read MoreUS Credit Scores have gone up due to pandemic aid
In the latest report, consumers have prioritized paying their credit cards using the CARES Act’s unemployment benefits and mortgage moratoria to fuel a rise in credit scores. This has left some lenders confounded and looking for other ways to measure credit-worthiness. Consumers should be aware that banks may be using bank transaction history to make…
Read MoreDigressing to the 1st Amendment to honor Justice Ginsberg
Taking a break from bankruptcy and business, I thought I would share this piece about the importance of donor anonymity supported by the late Justice Ginsberg. There are so many fascinating facets to the law and its essence to the fabric of our society and economic ecosystem. Wishing everyone a great weekend!
Read MoreStakeholders anxiously await clarification of PPP loan forgiveness process
Borrowers and lenders are being advised to sit tight, while Congress reworks the kinks toward debt forgiveness for PPP loans. As outlined by the NYT, progress is being made toward overcoming the various hurdles so that all stakeholders will be able to achieve the initiative’s well-intended respite and fresh start.
Read MoreIs a PA Gaming License property that can be clawed back in bankruptcy?
The Commonwealth of PA was recently permitted to sustain revocation of a debtor’s gaming license and keep the $50M paid per state forfeiture laws, as a license is considered a privilege versus reclaimable property. This is yet another example of the intricacies of pre-bankruptcy planning, as lawyers and debtors collaborate to re-tool with minimal friction.
Read MoreDemystifying Bankruptcy: More on tenant tips
Filing for bankruptcy can help a tenant break a long-term above-market lease, as bankruptcy law provides the tenant with a special cap on damages at three years rent. Planning ahead is key, and on the flip side, a landlord can head off a potential major loss by keeping tabs on its tenants’ financial portfolios as…
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