Di Santo LLP - Attorneys at Law » Intellectual Property & New Media

Crowdsource Funding Amendment to Securities Act for Entrepreneurs & Start-Ups Close to Passage in Congress

admin — Tue, 15 Nov 2011 12:49:12 +0000

The concept of crowdsource funding via a securities offering is gaining support in both Houses of Congress. The current regulatory environment prohibits these types of securities offerings. The House of Representatives passed the “Entrepreneur Access to Capital Act” (H.R. 2930) on November 3, 2011. Shortly thereafter, the Senate proposed its own Bill “Democratizing Access to Capital Act (S.1791).” The objective is to create a new exemption from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”) that would allow entrepreneurs and start-up companies to accept investments in smaller increments from non-accredited investors. The Bills need to be reconciled and the legislative process will need to unfold. It is clear, however, that this movement is gaining momentum from both Congress and The White House. Assuming the amendment passes in one form or another, the crowdsource funding platform will significantly impact the ability for entrepreneurs and start-ups to obtain financing.

The Future Looks Bright For South Florida Life Sciences & Technology Start-Ups

admin — Thu, 29 Sep 2011 19:58:42 +0000

South Florida’s future as a biotech hub got considerably brighter on Tuesday, when the University of Miami officially dedicated its ambitious Life Science & Technology Park, a new endeavor UM President Donna E. Shalala called “a game-changer” for Miami, the state of Florida, and beyond. “The launch of LegalSync (an affiliate of Di Santo LLP that provides legal solutions to start-up companies) is well-timed given the burgeoning start-up community in South Florida. We anticipate that the efforts of the University of Miami will create an outstanding platform for innovation in South Florida,” said Beth A. di Santo.

Read the full story at http://med.miami.edu/news/um-opens-its-life-science-technology-park

Beth A. Di Santo to speak at “Supporting Startups From The Ground Up” event hosted by E-Factor, the world’s largest community of entrepreneurs.

admin — Sat, 20 Aug 2011 16:30:12 +0000

http://www.efactor.com/startupexemptionmiami

With the US financial crisis, small business and startups have become an imperative part of bringing the economy back to its stealth. Yet, with many bank, cash and credit regulations, startups and small businesses have not been able to grow and expand as fast as they potentially can.

Organizations and movements like Startup Exemption are advocating for a solution – crowdfunding. It is a way to allow Americans to choose, invest in small business in their communities. Sherwood Neiss from Startup Exemption, Beth Di Santo, Managing Partner, Di Santo LLP, and Ricardo Weisz, Founder/President of NorthVest Company, will share their expertise on:

* How to get involved in funding startups and what are the necessary tools?
* What are some new ways to support small businesses in your local communities or in other states?
* What are important components to a startup that is worth investing?
* How to take an idea, grow it into a company, then expand all the way to revenue stage?

Julia Cheng invited by Cardozo School of Law’s Cyberlaw Society to speak on career paths in cyberlaw.

admin — Sat, 01 May 2010 18:38:02 +0000

www.cardozo.yu.edu/MemberContentDisplay.aspx?ccmd=ContentDisplay&ucmd=UserDisplay&userid=10446&contentid=15726&folderid=406

Obama “Hope” Poster Case—Counsel for Artist Withdrew from Case After Artist Admitted Fabrication of Documents and Deletion of Electronic Files in Litigation.

admin — Tue, 26 Jan 2010 13:36:41 +0000

In what has been a closely watched intellectual property case where the famed artist, Shepard Fairey sought a declaratory judgment that his “Hope” and “Progress” posters did not violate Associated Press’ copyright in a photograph taken by an AP staffer, the case took an interesting turn when artist’s counsel withdrew from the case after artist publicly announced that he deleted electronic files and created false documents.

http://cyberlaw.stanford.edu/case/fairey-v-associated-press

USPTO announces “Green Technology Pilot Program”

admin — Mon, 25 Jan 2010 23:04:04 +0000

The United States Patent and Trademark Office (“the USPTO”) has announed a “Green Technology Pilot Program,” which provides a new procedure that enables applicants to request accelerated review of previously-filed new patent applications related to green technologies.

http://www.uspto.gov/news/pr/2009/09_33.jsp