The International Factoring Association, Northeast Chapter presents an informative webinar on Article 9 for Business Preservation, Not Just for Liquidation. Join Becker Shareholder Paul Shur, Second Wind Consultants President Aaron Todrin, and Becker Associate Attorney Samantha Lesser as they discuss how a consensual sale of business assets can be arranged, the benefits when compared to […]
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Nasdaq Provides Temporary Emergency Relief to Issuers from Shareholder Approval Requirements in Response to COVID-19
Due to the dramatic impact that the spread of COVID-19 continues to have on businesses, the SEC approved with immediate effect a rule change proposed by the Nasdaq Stock Market to provide listed companies with a temporary exception to its shareholder approval requirements for certain private placements and a related limited exception concerning insider participation […]
Read MoreBecker Attorneys Win Dismissal of New Jersey Action on Jurisdictional Grounds
On April 30, 2020, a New Jersey state Superior Court judge dismissed with prejudice a complaint against a Mexican resort owner filed by a guest in connection with an incident that allegedly occurred at the resort. Becker attorneys Robert Rabinowitz and Sarah Klein represented the defendant in the case. The case was filed in New […]
Read MoreAre You Playing Life Insurance Russian Roulette?
We devote this last investor tip of Investor Awareness Month to our clients and friends (and particularly their parents), who have purchased a life insurance policy over the past twenty to thirty years. Many people purchased a life insurance policy with the understanding that in the event of their demise, a Guaranteed tax-free sum of money […]
Read MoreFinancial Services Shareholder Paul Shur Ranked Band 1 by Chambers USA
Becker is pleased to announce that Financial Services Shareholder Paul Shur has been recognized in the 2020 edition of Chambers USA, one of the most esteemed legal guides in the world. Paul is recognized as among the top attorneys in both Banking & Finance and Corporate/M&A. This year, Paul received a Band 1 ranking in […]
Read MoreCOVID-19 and FINRA Arbitrations – FINRA Announcement on Postponements
Due to COVID-19, the Financial Industry Regulatory Authority said Monday that it has postponed all in-person arbitration and mediation proceedings scheduled through July 3. Parties that have an in-person hearing or mediation session scheduled through this date will be contacted by FINRA staff to reschedule or discuss remote scheduling options. Previously, in-person proceedings were postponed […]
Read MoreNasdaq Adopts Emergency Temporary Relief Due to the Spread of COVID-19
As a result of the market uncertainty unleashed by the COVID-19 crisis, the Nasdaq Stock Market (“Nasdaq”) has seen an increased number of issuers become non-compliant with its continued listing requirements for maintaining a minimum bid price and the market value of publicly-held shares (hereinafter “Price Requirements”). On April 17, 2020, in order to avoid […]
Read MoreIt Pays to Pay Attention to Your Brokerage Account Statements
FINRA, the financial industry regulatory authority, often reminds investors to review their brokerage account statements and trade confirmations—with good reason. Not only do these documents help you stay on top of your investment holdings, but they also provide valuable information that can alert you to errors, or even misconduct by your broker or brokerage firm […]
Read MoreRecent SEC Actions in the Wake of COVID-19
In light of the unprecedented disruptions associated with COVID-19, the U.S. Securities and Exchange Commission (the “SEC”) has recently released a number of public statements providing advice and regulatory relief to public companies due to the impact of COVID-19. NYSE Waiver of Shareholder Approval Requirements In an measure to provide regulatory relief to listed companies, […]
Read MoreFinancial Planning With Your Trusted Advisor
In 2017 various securities regulators and states enacted the “Trusted Contact” rule for senior investors, (defined as people over 65 years old), and other “specified adults” (defined as persons age 18 years or older who have a mental or physical impairment that rendered the individual unable to protect his or her own interests). This rule […]
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