The verification of accredited investors can be a significant hurdle for issuers who want to comply with Rule 506(c) under Regulation D and use general solicitation methods in their offering. The law requires that issuers take “reasonable” steps to verify that every...
Business-Minded Legal Solutions
General solicitation under Rule 506(c): Part 2
Private offerings are increasingly attractive options for companies raising funds ever since Regulation D was amended to add Rule 506(c) which permits use of general solicitation methods in certain private offerings. The ability to advertise broadly adds another...
General solicitation under Rule 506(c): Part 1
Entrepreneurs and business owners typically have one thought at the back of their mind to help grow their operations: raising capital. One increasingly popular way to attain investment is via a private offering under Reg. D Rule 506(c) because it allows general...
Understanding responsibility surrounding construction delays
Sometimes there are forces beyond your control that keep the work under a contract from being completed on time. The parties to the contract might disagree about who or what is at fault. Delay damages, a specific type of liquidated damages, are provisions in a...
All Stephenson Fournier partners named to Super Lawyers 2021
All the partners in the Houston law office of Stephenson Fournier have been named to the 2021 Texas Super Lawyers list. Partners Juli Fournier, Christopher Hanno, and Alison Bloom have all selected as Texas Super Lawyers. Only 5 percent of attorneys in Texas are named...
SEC amends definition of ‘accredited investor’
The Securities and Exchange Commission (SEC) adopted new rules in the latter half of 2020, adding new categories for people and entities that qualify as accredited investors, allowing them to invest in certain exempt, unregistered securities offerings. The amendments...
4 ways businesses can attract better talent
Many successful businesses stay on top through innovation and by adapting to current trends and practices. However, too many rely on the same old recruitment strategy they have used for years, which may be hurting their ability to attract the best and the brightest....
What are the advantages of starting an LLC in Texas?
Choosing the optimal business form in Texas can be a challenge. Depending upon your goals, an experienced business formation attorney can help you select the appropriate entity, which may include a sole proprietorship, partnership, corporation, limited liability...
Re-domesticating your LLC to Texas
Nowadays, businesses are more mobile than ever before. When you move your headquarters, you might be wondering how to go about transferring your LLC to your new home state. There are a few things you should know about making the move. You will need to file with the...
Opportunity zones can help spur development
Urban areas have long struggled to spread development interests more equitably. One part of town may be bustling, offering a quality of life many people are willing to pay top dollar for. Meanwhile, a neighborhood a few miles down the road may be struggling with...

