Business Law

Regulation Crowdfunding Rules Temporarily Eased Due to COVID-19

Citing the crisis raised by COVID-19, on May 5, 2020, the Securities and Exchange Commission (SEC) eased some of the requirements of Regulation Crowdfunding (CF), which allows small issuers to raise investment funds of up to $1.07 million as further described below.  The changes relate to the timing of when the offering can happen and […]

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Encore Law Attorneys Selected to 2020 Super Lawyer and Rising Star Lists

Encore Law corporate law partner, Ara Babaian, has been named a Super Lawyer for the sixth year in a row (2015-2020), and Muhammed Hussain, a litigation partner in the firm, has been named a Rising Star for his second consecutive year. “It’s a great honor to be recognized for our work and our commitment to

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FAQs for Employers During COVID-19

The world has entered a phase with no known precedent, dealing with a worldwide pandemic, where people who provide non-essential services are required to work from home. In addition to the threat of contracting COVID-19, there is understandable uncertainty about what rules employers must follow and how they should follow them in these times. In

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New California Laws in 2020

As we welcome the new year, we also usher in the changes to California’s consumer protection laws and employment laws that are now as traditional as making a new years’ resolution you are never going to keep. CHANGES IN CONSUMER PROTECTION LAW California continues giving consumers ever greater protections, especially in the realms of online

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The SEC’s Proposed Amendments for the "Accredited Investor" Definition: A Long-Overdue Change to Increase Access to Private Investments

The Securities and Exchange Commission recently proposed amendments to the definition of “accredited investor” under Regulation D of the Securities Act of 1933, which, if adopted, would expand the categories of individual and entity investors in private securities offerings, including offerings under Rules 506(b) and 506(c) of Regulation D and other federal and state securities

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The New "Silicon Road": Armenia’s Emergence as the Silicon Valley of Its Region

This article originally appeared in Asbarez Newspaper (available at asbarez.com) on January 24, 2020. For over two millennia, Armenia has served as the gateway between the East and the West along the Silk Road, which stretched from the Chinese Han Dynasty to the Roman Empire and included many countries in between. In more recent years,

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Why Ether and Ethereum Is Not a Security

Recently, news has been surfacing of blockchain and cryptocurrency related companies conducting unregistered securities offerings and being shut down by the Securities and Exchange Commission (SEC). For many companies, the viability of their business model is completely dependent on whether the blockchain-based service or product they offer is considered a security. In a recently given

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Home Improvement Contracts: Protect Yourself as a Contractor and as a Homeowner

Are you a licensed contractor who works on homes?  Are you a homeowner considering hiring a contractor to renovate your home?  Before you begin working on another home improvement project as a contractor or, if you are a homeowner, before hiring a contractor to work on your home improvement project, it is imperative that you

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Works Made for Hire in California: An Exceptional State, An Exceptional Law

California is a state known for being exceptional and its labor code is no different. While it is commonplace throughout the country for employers to engage independent contractors to produce work on their behalf, under California labor law these contractors are deemed employees for specific purposes. This gives these contractors new right. Although it remains

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Fewer Investors Will Be Able to Qualify as “Accredited Investors” under the New Dodd-Frank Act

As a result of the enactment of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Dodd-Frank Act”) on July 21, 2010, it is now more difficult for individuals to qualify as “accredited investors” under Rule 501(a)(5) of Regulation D under the Securities Act of 1933.  The “Accredited Investor” Standard Start-up companies and investment

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