Nine Tips to Avoid Having Your SDVOSB Status Denied
In analyzing whether or not to allow businesses to be included in the VA VetBiz Vendor Information Pages (VIP) Verification Program as a service-disabled veteran owned small business (SDVOSB), the Center for Veteran Enterprise (CVE) at the Department of Veteran Affairs applies the provisions of 38 CFR § 74, and essentially looks at two key […]
What Documentation Do I Need for My SBA 8(a) Application?
This is a question we are often asked by clients who are thinking about applying for inclusion in the Small Business Administration’s 8(a) Business Development Program. The SBA does provide a check list with its online application system, which you can see here. However, the SBA makes very clear that it can request any information […]
Look Before You Leap — Crowdfunding Under the JOBS Act
A lot of ink has been spilled over the Jumpstart Our Business Startups (JOBS) Act, and particularly the provisions that will allow for “Crowdfunding”. You can find a good summary of the capital raising aspects of the JOBS Act by my colleague Ford Ladd at Dimuro Ginsberg PC here. Of course, the devil will be […]
Martin Marietta Materials, Inc. v. Vulcan Materials Co.: The Victim of a Breach of a Confidentiality Agreement in an M&A Context is Entitled to Specific Performance and Injunctive Relief
It is common practice for participants in an M&A transaction to enter into a confidentiality or non-disclosure agreement before sharing proprietary information with each other. Not only do companies not want their proprietary information disclosed to the market, but they also don’t want the company they are in negotiations with to use that information for […]
Are LLC Control Interests Transferable?
Virginia business and transactional attorneys have been discussing the impact and wisdom of the recent Supreme Court of Opinion, Ott v. Monroe (http://www.courts.state.va.us/opinions/opnscvwp/1101278.pdf), which held that the control interest in a limited liability company is not transferrable (including upon a member’s death) without the consent of the other members of the company. A Control interest […]