Recent Publications - Corporate


NY Cannabis Licensing and Notice Deadline Extended
October 27, 2023 | Cannabis | Corporate

New York’s Office of Cannabis Management (OCM) announced that prospective applicants have an additional 14 days to submit their applications, extending the deadline for retail applicants with control of an eligible property to November 17, 2023, and all other applicants to December 18, 2023. The announcement clarified that the deadline for the Notice to Municipality

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The Corporate Transparency Act: Will it Impact You?
October 4, 2023 | Corporate

Please see here for a more recent article reflecting the November 2023 updates to the Corporate Transparency Act.

The Corporate Transparency Act (CTA) will affect most small, privately held businesses starting January 1, 2024. Does the CTA apply to you?

What is the CTA?
The CTA, a law enacted by Congress, will require certain

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Letters of Intent – Negotiating the Framework of Your Transaction
July 27, 2023 | Dental Practice Counseling | Health Services | Corporate

In our last installment, we discussed some of the initial steps involved in the process of selling a dental practice, including preparing your practice for sale and finding a potential suitor. Specifically, we described ways in which sellers can find potential buyers and work with advisors and brokers to evaluate the best fit. In this

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Contemplating Selling Your Practice? Consider These First Steps
June 26, 2023 | Corporate | Dental Practice Counseling | Health Services

In our last installment, we discussed that the dental services industry has undergone large-scale consolidation in recent years, primarily driven by Dental Services Organizations (DSOs) and private investors. We described what a DSO is and why it is a prevalent vehicle through which private investors are seeking to consolidate the dental services industry. We also

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Sinensky Discusses the “Great Resignation” and its Relation to Increased M&A Activity
May 22, 2023 | Corporate

Avi Sinensky authored the USLAW article, “Great Resignation Spurs Spike in M&A Activity.”

The “Great Resignation” refers to the uptick of employees who left their jobs from 2020-2022. While many factors contributed to the volatile job market, one unexpected outcome was an increase in record-breaking M&A deals. Stakeholders and C-suite executives alike are attempting to

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U.S. Supreme Court: Debts Due to Business Partner’s Fraud Non-Dischargeable
April 26, 2023 | Corporate | Bankruptcy

Earlier this year, the Supreme Court issued a decision that all business owners should be aware of. The Supreme Court resolved a Circuit split over whether a debtor can discharge a debt incurred by a fraud committed by the debtor’s business partner or agent. In a unanimous decision, the Court held that such a debt

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The Three Big Words at the Center of the Twitter Saga
October 19, 2022 | Corporate

Few M&A transactions have captured the public’s attention to quite the same degree as the ongoing saga surrounding Elon Musk’s bid to take Twitter private. What began as a simmering hostile takeover, evolved into a negotiated transaction that was then terminated by Musk and landed in the Delaware Court of Chancery for what looked like

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Treasury Issues Final Rule on Disclosure of Beneficial Ownership
September 29, 2022 | Tax | Compliance, Investigations & White Collar

In an effort to help prevent and combat money laundering, terrorist financing, corruption, tax fraud, and other illicit activity, the United States Department of the Treasury just issued a final rule [RIN: 1506-AB49]. The rule requires certain businesses to file reports with FinCEN (Financial Crimes Enforcement Network) that identify two categories of individuals: the beneficial

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For Business Owners, a Shareholders’ Agreement Is Vital
June 13, 2022 | Corporate

I love playing board games with my children and the games in our home have been known to get pretty competitive. From time to time, a friend will join, and we always make sure all of the players have a clear understanding of the rules, both those included in the box or any “house rules”

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Transitioning to a DSO: An emerging trend in orthodontic practices
May 31, 2022 | Corporate | Health Services

Over the last several years, the dental services industry has become increasingly consolidated, creating significant financial opportunities for investors as well as financial and exit opportunities for dentists. This consolidation has been driven in large part by Dental Services Organizations (DSOs) formed by dentists and/or private financial investors (e.g., private equity) through the acquisition of

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