Finally Some Limited Relief for "Finder" Business Brokers

By Libbie R. Howley on June 13, 2014

A longstanding grey area of the law has been the broker-dealer registration requirements for finders – those persons or businesses effecting or facilitating transactions to raise capital through the sale of securities.

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Data Security Breach: State Notification Requirements

By Frank N. Gaeta and Libbie R. Howley on June 6, 2014

Data security breaches are becoming more and more common, impacting businesses of all sizes. To respond to this unfortunate reality, almost every state has adopted notification procedures in the event of a security breach to ensure immediate actions are taken to mitigate possible harm.

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POSTED IN: Real Estate

The Massachusetts Nominee Trust- Some Thoughts

By Erica P. Bigelow on February 18, 2014

Almost every commercial property owner in the Commonwealth has encountered, if not personally used, a Massachusetts nominee trust - sometimes called a 'realty' trust. Often, new clients will tell me that an attorney (unidentified) told them to put their property in trust, or that they always put their properties into a trust.

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Investment Advisor Diligence Processes for Alternative Investments

By David Glod, Scott A. Stokes and Thomas H. Bilodeau, III on February 13, 2014

The Securities and Exchange Commission’s Office of Compliance Inspections and Examinations (OCIE) recently issued a Risk Alert relating to investment advisers’ due diligence processes in recommending or placing clients’ assets in alternative investments including hedge funds, private equity, venture capital, real estate, and funds of private funds.

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First Circuit Decision Increases ERISA Exposure for Private Equity Funds

By David Glod on January 28, 2014

The First Circuit issued a controversial decision last summer, holding for the first time that a private equity fund can be held jointly and severally liable for the unfunded pension obligations of its portfolio companies.

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