The Akabas & Sproule basketball team has returned to championship form under the leadership of Lev Akabas (second from right). The team beat Fried, Frank, Harris, Shriver & Jacobson LLP Monday, March 18, 73 – 58 at Baruch College basketball arena in the NYC Lawyer’s League championship game. The Akabas & Sproule team will play […]
Hedge funds, throughout their history, have not been subject to much scrutiny or regulations.1 In February 2006, however, hedge funds must comply with the new Securities and Exchange Commission’s (SEC) regulations under the Investment Advisors Act (Act).2 The hedge fund industry managers have long been secretive of their goings on, and the lack of any
Recent Amendment of the Rules Under the Investment Advisors Act Read More »
On March 24, 2023 the Financial Crimes Enforcement Network (FinCEN) published guidance materials to aid the public in understanding upcoming beneficial ownership information (BOI) reporting requirements taking effect on January 1, 2024. The new regulations require many corporations, limited liability companies, and other entities created in or registered to do business in the United States
Proposed New Rules Would Upend Employee Non-compete Clauses On January 5, 2023, the Federal Trade Commission (FTC) released a Notice of Proposed Rulemaking (NPRM) to prohibit employers from utilizing non-compete clauses with workers at any level within an organization. The issuance of this NPRM commences the 60-day period for which any individual or entity may
Proposed New Rules Would Upend Employee Non-compete Clauses Read More »
Hedge funds, throughout their history, have not been subject to much scrutiny or regulations.1 In February 2006, however, hedge funds must comply with the new Securities and Exchange Commission’s (SEC) regulations under the Investment Advisors Act (Act).2 The hedge fund industry managers have long been secretive of their goings on, and the lack of any watchdog over
Recent Amendment of the Rules under the Investment Advisors Act Read More »
The American Jobs Creation Act of 2004 (the”Act”), was signed into law by President Bush on October 22, 2004. While the Act was originally proposed to compensate US businesses for the loss of US export subsidies declared illegal by the World Trade Organization, as finally enacted, the Act contains a variety of benefits for all
Non-Qualified Deferred Compensation Plans After the American Jobs Creation Act of 2004 Read More »
Creating a new business demands a lot of creative thought, planning and energy. We know. We started our firm, Akabas & Sproule, from nothing in 1991. Since then, we have represented dozens of new businesses from their creative thought stages, through their planning, organization and development, and, in a number of cases, through their initial
Organizing a New Business Read More »
Maecenas pharetra risus sit amet gravida fermentum. Mauris vitae magna maximus, tempus neque ac, feugiat velit. Etiam a enim nec quam fringilla cursus. In porttitor elit mi, at tempor lorem fringilla vitae. Proin in egestas purus. Cras vestibulum efficitur tempor. Morbi magna nisl, sollicitudin nec quam in, tempor convallis dolor. Nullam eu urna magna. Suspendisse…
Etiam ultrices mollis faucibus Read More »
Maecenas pharetra risus sit amet gravida fermentum. Mauris vitae magna maximus, tempus neque ac, feugiat velit. Etiam a enim nec quam fringilla cursus. In porttitor elit mi, at tempor lorem fringilla vitae. Proin in egestas purus. Cras vestibulum efficitur tempor. Morbi magna nisl, sollicitudin nec quam in, tempor convallis dolor. Nullam eu urna magna. Suspendisse…
Mauris vitae magna maximus Read More »
Maecenas pharetra risus sit amet gravida fermentum. Mauris vitae magna maximus, tempus neque ac, feugiat velit. Etiam a enim nec quam fringilla cursus. In porttitor elit mi, at tempor lorem fringilla vitae. Proin in egestas purus. Cras vestibulum efficitur tempor. Morbi magna nisl, sollicitudin nec quam in, tempor convallis dolor. Nullam eu urna magna. Suspendisse…
Nullam sed rutrum odio Read More »