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Mary Beth Kerrigan to Panel Seminar on Women Business Leaders 06/12/2014

Posted by Morse, Barnes-Brown Pendleton in Attorney News, Corporate, Events.
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Corporate Attorney Mary Beth KerriganThe Business Coalition (TBC) and the Showa Boston Institute for Language and Culture are uniting to host a panel discussion entitled “Shattering the Bamboo Ceiling” on June 12th. MBBP Corporate Attorney Mary Beth Kerrigan will sit as one of five panelists, all Boston-area women of distinction, who will discuss their personal journeys of where they are today in their work life. The event will be simulcast to students located at Showa Tokyo on Friday morning as well.

To learn more about the event, please visit The Business Coalition.

 

MBBP Opens Law Office in Salt Lake City 06/02/2014

Posted by Morse, Barnes-Brown Pendleton in Attorney News, MBBP news.
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We are pleased to announce that we have opened a Utah office to serve the fast-growing market in private equity and emerging growth companies in and around Salt Lake City, Utah, and the broader Mountain West region. According to Managing Partner Lisa Warren Treannie, Utah’s “increasing demand for lawyers who represent high tech, medical device, and life sciences companies and the investors who invest in these companies,” as “a perfect fit” for MBBP.

The Salt Lake City office is led by partners Jeffrey P. Steele and James J. Kelly. Steele focuses on emerging growth companies in a variety of industries including life sciences and medical devices and represents a range of clients in angel and venture capital financing, mergers and acquisitions, joint ventures, and business partnering transactions. Kelly represents private investment fund managers in all aspects of their businesses, including fund formation and compliance, operational and regulatory matters. For more information see our official press release and view the announcement video below.

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Mary Beth Kerrigan to Speak on How to Raise Money from Family and Friends 05/30/2014

Posted by Morse, Barnes-Brown Pendleton in Attorney News, Events, Venture Capital & Private Equity.
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Corporate Attorney Mary Beth KerriganThe Enterprise Center at Salem State University is hosting an event titled “Raising Money from Friends and Family – How to Do it Right” on Friday, June 6th. MBBP Corporate Attorney Mary Beth Kerrigan is one of three speakers at the event who will provide an interesting discussion on early sources of funding, from both traditional and non-traditional sources, how to do it right, and the crucial pitfalls to avoid.

To learn more or to register for the event, please visit the Enterprise Center.

Do you have questions regarding seed funding? Feel free to contact Mary Beth.

Jon Gworek Leads Private Equity and Venture Capital Committee at ABA Business Law Spring Meeting 05/30/2014

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Corporate Attorney Jonathan GworekLast month the Private Equity and Venture Capital Committee of the Business Law Section of the American Bar Association met at the recent Business Law Section Spring Meeting in Los Angeles, CA. As chair of the PEVC committee, MBBP Partner Jon Gworek was involved in the planning of several committee meetings and CLE’s. The PEVC committee’s main CLE event was called “Exiting the Venture Backed Company: Jurisprudence and Practice”, in which the panelists took an in-depth look at the Trados case. Panelists included James Honaker of Morris, Nichols, Arsht & Tunnell, Daphne Chang of Google Ventures and Rachel Proffitt of Wilson Sonsini Goodrich and Rosati with moderator Eric Klinger-Wilensky of Morris, Nichols, Arsht & Tunnell.

To learn more on the topic, please contact Jon Gworek.

Shannon Zollo to Moderate Panel at TiECON East 05/28/2014

Posted by Morse, Barnes-Brown Pendleton in Attorney News, Events, M&A.
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Corporate Attorney Shannon ZolloTiECON East, the largest startup conference on the East Coast, is being held at the Cambridge Marriott on May 29th-30th. Entrepreneurs from technology, life sciences, education and cleantech industries attend the two-day conference to learn about the latest trends in innovation, get advice from experienced entrepreneurs, and network to find their next big opportunity. On Friday, May 30th MBBP Attorney Shannon Zollo will be moderating a panel titled “M&A or IPO, That’s the Question” in which distinguished experts will help answer questions such as:

  • How early is too early to start thinking about the Exit?
  • What are the important factors to consider for an exit event, whether IPO or M&A?
  • What steps do you need to take today to ensure the best return for yourself and your investors?
  • Does the type of investor you seek matter?

To learn more about the panel, visit TiECON East.

For more information on the specifics regarding M&A transaction or IPOs please feel free to contact  Shannon Zollo.

MBBP Attorneys Help Demystify LLCs in MCLE Program 04/29/2014

Posted by Morse, Barnes-Brown Pendleton in Attorney News, Events, Legal Developments, Taxation.
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Tax and Business Attorney Diana EspañolaOn May 5th, MBBP Attorneys Diana Española and Chip Wry will sit as faculty for an MCLE In-House ProgramLLCs Demystified“. The program will focus on the fundamentals of LLCs, highlighting business and tax issues frequently presented by such entities. Diana and Chip will help to debate the pros and cons of LLCs and corporations, discuss basic tax and business issues presented by LLCs, identify specific advantages and disadvantages of LLCs, report on common Corporate and Tax Attorney Charles Wry, Jr. mistakes and traps for the unwary in forming and advising LLCs, and provide practical drafting tips.

The MCLE will create an audio CD of the program and will also be rebroadcasting it as a webcast on May 12th.

For more information on LLC formations, operations and exits, please contact Diana Española or Chip Wry.

Radio Entrepreneurs Interviews Shannon Zollo 04/28/2014

Posted by Morse, Barnes-Brown Pendleton in Attorney News, Corporate, Legal Developments, Venture Capital & Private Equity.
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Corporate Attorney Shannon Zollo

The Radio Entrepreneurs, a show that provides advice, information and connections for entrepreneurs, service providers and established companies, recently interviewed MBBP Corporate Attorney Shannon Zollo. Shannon was invited to discuss the Exit Planning Exchange (XPX) Boston, a community of trusted advisors to privately-held businesses and their owners who are focused on a successful path to the exit, and its annual Summit on May 2nd. The 2014 XPX Summit‘s theme is on growth and liquidity and helping business owners achieve both. To listen to the full discussion, please click the following link: Radio Entrepreneurs Interviews MBBP Attorney Shannon Zollo

Feel free to contact Shannon with any questions on exit planning or XPX.

Visit XPX Summit 2014 for more information or to register for the event.

Tax Considerations in Choosing the Form of Business Entity 04/11/2014

Posted by Morse, Barnes-Brown Pendleton in Attorney News, New Resources, Taxation.
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Corporate and Tax Attorney Charles Wry, Jr. By: Chip Wry

Founders of a new business typically realize early on that they need to conduct the business through a legal entity to limit their personal liabilities for the debts and obligations the business generates. Often, the three entity types from which the founders must choose are the “C” corporation, the “S” corporation and the limited liability company (or “LLC”). While all three entity types insulate the founders from personal liability, the differences among the three types for tax purposes are substantial. A C corporation, on the one hand, reports and pays tax on its income separately from its owners. The income or loss of an S corporation or LLC, on the other hand, generally is reported by the owners on their personal returns. The choice, therefore, is often tax-driven and requires an analysis of how the founders expect to grow and profit from the business.

View the full article to learn more.

Daniele Ouellette Levy to Hold Office Hours at Techsandbox 04/08/2014

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Corporate Attorney Daniele Ouellette LevyOn Monday, May 19th MBBP Attorney Daniele Ouellette Levy will be holding office hours at MBBP client TechSandBox, an innovation center and accelerator. The event will be offered probono for TechSandBox members and to non-members as space allows. Daniele will help registrants understand the various options when incorporating LLC, C, S and stock options/ownership set up. 

Visit TechSandBox to sign up!

Lisa Treannie and MBBP Featured in Boston Business Journal 04/07/2014

Posted by Morse, Barnes-Brown Pendleton in Attorney News, MBBP news.
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Managing Partner and Patent Attorney Lisa TreannieOn Friday, April 4 the Boston Business Journal (BBJ) published an article on MBBP Patent Attorney Lisa Treannie and her recent transition to the position of managing partner. The article discusses Morse Barnes-Brown and Pendleton’s new leadership team, including new Executive Director David Ludwick, as well as Lisa’s plans for the future of the firm.

Read the full article here.

Employment Law Clip: Employee Terminations Under the MA Wage Payment Law 03/17/2014

Posted by Morse, Barnes-Brown Pendleton in Attorney News, Employment.
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Employers, there are some important aspects of the Massachusetts Wage Payment Law that you may not be aware of when firing or laying off an employee or employees. MBBP Attorney Christopher Perry explains what you need to know below:

Please feel free to contact any member of our Employment Law Group with any questions on Massachusetts wage payment laws.

Diana Española to Speak at Leadership and Management Seminar 03/13/2014

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Tax and Business Attorney Diana EspañolaOn March 22, MBBP Tax Attorney Diana Española will be speaking at a Leadership and Management Seminar presented by the Consulate General of the Philippines for the Heads of Filipino-American Community Associations. The event is taking place at the Harvard Student Organization Center at Hilles in Cambridge, MA and is aimed at providing the heads of community organizations with fresh perspectives on leading and managing an organization, and engaging the emerging generation of Filipino-Americans.  Diana will be speaking on managing legal matters in organizations.

Please feel free to contact Diana with any questions.

Howard Zaharoff Judges BU’s 2014 New Venture Competition Semi-Finals 03/06/2014

Posted by Morse, Barnes-Brown Pendleton in Attorney News, Events.
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IP and Technology Licensing Attorney Howard ZaharoffOn February 28 MBBP IP and Licensing Attorney Howard Zaharoff helped judge the semi-finals of BU’s 2014 New Venture Competition. The contest is sponsored by Boston University’s Institute for Technology Entrepreneurship and Commercialization (ITEC) and is open to current and past BU students, both graduates and undergrads. Interested students and alumni participated in a fall or spring “Pitch and Pizza Competition.” The winning Pitchers went on to the second round, February’s semi-finals, which named six finalists.

These finalists will pitch their business to a panel of experts, including angel investors, and will be eligible for awards that include MBBP’s People’s Choice Award. The finals will be held on Tuesday, April 15th.

To learn more about the New Venture Competition, please visit BU’s Entrepreneurship Programs.

Howard Zaharoff Interviewed for HoGo Blog Piece 03/04/2014

Posted by Morse, Barnes-Brown Pendleton in Attorney News, Intellectual Property.
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IP and Technology Licensing Attorney Howard ZaharoffOn March 4 MBBP IP Technology and Licensing Attorney Howard Zaharoff was featured in a blog post by HoGo, a DRM (digital rights management) platform that lets users copy-protect, distribute and manage PDF files. The blog post titled “Ten Questions with… Howard Zaharoff (Part One)” shares his legal perspective on copyrights and copy protection with readers of HoGo Blog Confidential.

Visit HoGo to see the first half of Howard’s interview.

Please feel free to contact Howard with any of your own questions on IP and Copyright law.

Jonathan Gworek Panels ABA Event on Great Hill Equity Partners Case 03/03/2014

Posted by Morse, Barnes-Brown Pendleton in Attorney News, Venture Capital & Private Equity.
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Corporate Attorney Jonathan GworekOn January 27th, MBBP Corporate Partner and Chair of the Private Equity and Venture Capital Committee of the American Bar Association, Jonathan Gworek, moderated a webinar on the implications of the recent Great Hill Equity Partners case. In this case the Delaware Court of Chancery held that under Section 259 of the DGCL, all privileges—including the attorney-client privilege—pass from the acquired corporation to the surviving corporation in a merger.

In October, Jon moderated a similar webinar on the recent In re Trados Inc. Shareholder Litigation opinion, in which the Delaware Court of Chancery found that a sale of the venture backed company was entirely fair notwithstanding the fact that the common stockholders received none of the merger consideration.

Materials from both panel discussions can be found here.

Please feel free to contact Jonathan Gworek with any questions on these topics.

Scott Connolly Speaks at MCLE Employment Seminar 03/03/2014

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MCLE Proving & Valuing Damages in Employment Cases PanelistsOn Friday, February 28, 2014, MBBP Employment Attorney Scott Connolly served as a panel speaker at the Massachusetts Continuing Legal Education’s (MCLE) annual seminar on Proving & Valuing Damages in Employment Cases. Among the topics Scott covered from the defense perspective were whether and how to effectively use financial experts at trial, ways for defendants to avoid/minimize punitive damages, limiting emotional distress damages, and whether unemployment benefits should be deducted from back-pay awards. Other members of the distinguished panel were Honorable Peter M. Lauriat, Superior Court Justice, Eugenia M. Guastaferri, Senior Hearing Officer at the Massachusetts Commission Against Discrimination and employee-side advocates Inga S. Bernstein and David E. Belfort. Scott defends clients from employment-related lawsuits before state and federal courts and agencies.

Please feel free to contact Scott with any questions.

Employment Law Clip: Pitfalls of Using Independent Contractors 03/03/2014

Posted by Morse, Barnes-Brown Pendleton in Attorney News, Employment.
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Many businesses use “independent contractors” to augment their regular workforce. They see advantages to using trained, non-employee workers with specialized skills who can provide needed services on a short-term or long-term basis. However, the ability of businesses to classify workers as independent contractors is not unchecked. Businesses cannot avoid employer obligations simply by designating certain workers as independent contractors.

In this video Massachusetts Employment Lawyer Robert M. Shea discusses the serious danger that independent contractors can pose to a business when they do not comply with government and tax laws and are misclassified as such:

Want more information? Try some of our other resources on this topic:

Please feel free to contact any member of our Employment Law Group with any questions on independent contractor laws.

MBBP’s Employment Law Clip Series will provide quick, easy-to-digest snapshots of common Employment issues, as well as practical information on how to avoid complicated, expensive and time-consuming pitfalls. Stay tuned for the next topic on Wage Payment Laws: Termination.

Grant Godfrey to Speak at Lesley University 02/25/2014

Posted by Morse, Barnes-Brown Pendleton in Attorney News, Immigration.
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Immigration Attorney Grant GodfreyOn Wednesday, March 5th MBBP Immigration Attorney Grant Godfrey has been asked to speak to international students attending Lesley University in Cambridge, Massachusetts. Grant will be discussing immigration options for students once they receive their degree.

Please feel free to contact Grant with any questions on immigration.

Visit our resources page for MBBP immigration articles and newsletters.

Joe Martinez to Speak At Equity Crowdfunding Symposium 02/24/2014

Posted by Morse, Barnes-Brown Pendleton in Attorney News, Events, Venture Capital & Private Equity.
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Corporate Attorney Joseph MartinezOn Thursday, April 24, MBBP Corporate Attorney Joseph Martinez will sit as a panelist for Quincy College Symposium on Equity Crowdfunding. With the passage of the Jumpstart Our Business Startups (JOBS) Act of 2012, the world of Equity Crowdfunding promises to stir the pot for investors and entrepreneurs alike. Joe will help lead a discussion that focuses on new and traditional sources of business capital including equity crowdfunding, bank loans, government loans, vendors and more.

For more details or to register visit the event page.

Please feel free to contact Joe with any questions on raising capital.

Jonathan Gworek Published in Business Law Today 02/13/2014

Posted by Morse, Barnes-Brown Pendleton in Attorney News, M&A, Venture Capital & Private Equity.
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Corporate Attorney Jonathan GworekMBBP Corporate Attorney and Chair of the Private Equity and Venture Capital Committee of the American Bar AssociationJonathan Gworek, was recently published in the January edition of Business Law Today, a publication by the American Bar Association. Jonathan’s article, “The Threat of Social Media Diligence on the Confidentiality of the M&A Process“, covers the very practical impact of the Internet and “social media diligence” on the confidentiality in M&A transactions and suggests certain practices that the parties might adopt to both mitigate and more fairly allocate this risk.

Visit Business Law Today to read the full article.

For more information on the M&A process, please feel free to contact Jon.

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