News About IFRS…Hope?

I was honored yesterday to be a speaker at the Foundation for Accounting Education’s SEC Conference in New York. The Foundation is part of the New York State Society of CPAs. Conference Chair George Victor did a great job organizing it, and thanks to Michele Amato at Friedman LLP for inviting me. Earlier in the conference ...

RM Blog Nominated by LexisNexis – Help!

I am thrilled to announce that this humble blog has been nominated by LexisNexis to be one of their Top 25 Business Law Blogs of 2010! Many of our readers are business lawyers, so if you enjoy the blog I hope you will comment to LexisNexis and let them know! You can comment at the link below. ...

A New Chapter Begins… 4

This Friday I join the great firm Richardson & Patel (www.richardsonpatel.com) as a partner in their NY office, bringing 6 lawyers with me. The mid-sized firm represents over 100 public companies as well as investment banks, hedge funds and other investors. They also are very active in M&A, APOs, private equity and venture capital and have ...

Go Minneapolis!

This week, before visiting the headquarters of my new firm Richardson & Patel in LA, I spent a few days with business meetings in Minneapolis, Minnesota, my first time. Thanks to my clients and friends there who were gracious hosts in the Twin Cities. I even got to watch the Twins clinch their division title on ...

Sarbanes 404(b) Relief Gets More Real with SEC Conforming Amendments

On September 15, the SEC adopted some rule amendments to conform with changes made in the Sarbanes-Oxley Act by the Dodd-Frank Act of 2010. As we know, under new Sarbanes Section 404(c), the requirement, in 404(b), for an auditor to attest to the adequacy of internal financial controls of a public company is eliminated for companies ...

Flash! Rodman Buying OTCBB

It just came over the wire – Well known investment bank Rodman & Renshaw announced that it has signed a letter of intent with the Financial Industry Regulatory Authority (FINRA) to buy the assets of the OTC Bulletin Board. FINRA had announced awhile back its intent to sell, and at the recent Reverse Merger Conference ...

Tip of the Week: What's Customary? Nothing!

Often in reverse mergers we are asked what is customary with respect to valuation, indemnification, personal guaranties, representations and warranties and the like. The answer, unfortunately, is that every deal is different. Every investment banking firm is different. Every shell promoter is different. In 25 years of practicing law, where in, say private equity or ...

Feldman Joining Richardson & Patel!

I am very excited to announce that your humble blogger has agreed to join Los Angeles-based Richardson & Patel LLP (www.richardsonpatel.com) as a partner effective October 1, 2010. I will be resident in the firm’s New York City office. I am very excited about this great opportunity and will be bringing six attorneys with me. R&P ...

See You at the Rodman Conference

Now of course I love all my investment banking friends. A number of firms regularly put on conferences that include great presentations by interesting companies and, usually, some fun entertainment as well. And best of all they’re usually free! Being here in NY, I always enjoy the annual Rodman & Renshaw conference, this year being ...