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Lane Watson was quoted in an article, "Connecticut Law Firms Poised to Compete for Corporate Clients," published by the Connecticut Law Tribune. The article discusses recent reforms to state laws governing corporations and limited liability companies in Connecticut, which will allow the state to compete with Delaware and other large commercial jurisdictions where many companies choose to incorporate. Similar to Delaware law, Watson told the Connecticut Law Tribune that the new Connecticut law allows corporations to correct prior "defective actions" as well as undertake "two-step mergers" without shareholder approval. He added that allowing two-step mergers without shareholder approval is seen as another way corporations can be acquired, giving businesses a reason to incorporate in Connecticut and not elsewhere. Watson added that the new LLC law extends some concepts from corporate law into the realm of LLCs, including a ban on LLCs making distributions to members if doing so would make them insolvent, and allowing LLC members to bring a "derivative" lawsuit claiming there has been a breach of fiduciary duty on behalf of the LLC itself.
On February 20, Michael Rave and Michael Dunne spoke at FinXTech R.O.D.E., a conference presented by Autobooks, Bank Director and Microsoft and held at the Advanced Technology Development Center in Atlanta, GA.
On January 15, Brian Fischer spoke at "When Good Deals Go Bad – Pitfalls to Avoid During the Sale Process," an Exit Planning Exchange (XPX) program held at The Hartford Club in Hartford, CT.
October 24, 2019
Partners Edward Krzanowski, Tiana Gianopulos and Daniel Gottfried spoke at the 2019 Federal Tax Institute of New England, a CLE program presented by the Estates and Probate Section and the Tax Section of the Connecticut Bar Association and held in Portland, CT.
On January 27, Michael Rave will be speaking on "Public & Private Capital Raising: How To Fund Your Bank for Growth and/or Change" at Bank Director's annual conference, Acquire or Be Acquired, in Phoenix, AZ.
Brian Fischer spoke on "Defining Success from a Legal Perspective – How to Best Structure the Transaction to Meet the Owner's Objectives while Providing Significant Legal Protection," at an Exit Planning Exchange (XPX) Hartford program.
Lane Watson was featured in the Connecticut Law Tribune article "Goodbye Law Firm Retreats: New Executive Order Allows For Remote Annual Meetings During COVID-19 Crisis."
Hedge Fund Law Report covered Erik Bergman's move to Day Pitney's Stamford office in an article posted March 12.
Day Pitney LLP represented Pula Capital Management LP (Pula), a newly formed investment manager based in Virginia, in connection with (i) the acquisition of a minority ownership interest in Pula by Felton Group, LLC (Felton Group), and (ii) an investment by Felton Group in Pula Capital Fund, LP, a newly formed fund managed by Pula that intends to employ novel mathematical techniques and a proprietary, systematic predictive model to trade a diversified long-short portfolio of liquid U.S. equities.
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Firm Ranked Tier 1 Nationally for Energy Law and Trusts and Estates Law
Day Pitney Press Release