August 2018

Debtor can’t be bound by noncompete

Jennifer V. Doran is quoted in this article in Massachusetts Lawyer's Weekly regarding a recent Chapter 7 bankruptcy case involving a dentist. Read more here.

SEC Rule 15c2-12 Amendments Require Disclosure of Additional Events

On August 15, 2018, the Securities and Exchange Commission (SEC) finalized and adopted amendments to Rule 15c2-12 of the Securities Exchange Act of 1934 (Rule 15c2-12), which proscribes certain notice requirements pertaining to obligations of state and loc…

Sears Saying Goodbye to Manchester After More than 80 Years

Partner John H. Sokul, Jr. provides the New Hampshire Union Leader with insights as to why Sears may be closing its Manchester, NH storefront after more than 80 years.

A Practical Guide to the Qualified Opportunity Zone Program

Among the many changes and incentives contained in the 2017 Tax Cuts and Jobs Act, one of the most promising is the Qualified Opportunity Zone (QOZ) program.[1] This program was created to encourage investment in distressed areas of the country. It aims to…

July 2018

SEC Expands “Smaller Reporting Company” Definition

On June 28, 2018, the Securities and Exchange Commission (“SEC”) amended the definition of “smaller reporting company” so that more companies qualify and thereby enjoy reduced disclosure obligations. The change might also affect company status unde…

The Tax Cuts and Jobs Act: Implications for Tax-exempt Entities

The Tax Cuts and Jobs Act (TCJA) enacted at the end of 2017 had an immediate impact on all taxpayers, including tax-exempt entities. Nonprofits are faced with new excise taxes, changes to unrelated business taxes, and shifts in charitable giving incentives…