2023 Highlights At a Glance
We are pleased to highlight a few of the representations and transactions which we were honored to undertake during 2023 and to update our clients and friends on some other firm developments from the year, including pro bono and other civic endeavors. As we complete our 28th year of delivering quality legal services, we look forward […]
Corporate Transparency Act Regulations Go into Effect January 1, 2024
Starting January 1, 2024, many companies will be required to report beneficial ownership information (“BOI”) to the U.S. government. Enacted into law on January 1, 2021 (see MLLP’s prior client alert here) and implemented primarily through a rule published by the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (“FinCEN”) on September 30, 2022, […]
Understanding the New Federal Exemption for M&A Brokers
On March 29, 2023, Congress enacted an exemption (the “Exemption”) from registration as a broker-dealer under the Securities Exchange Act of 1934 (the “Exchange Act”) for certain qualifying brokers effecting securities transactions involving transfers of ownership or control of certain privately held companies. The Exemption provides welcome relief for business brokers and smaller investment banks […]
Martin LLP Welcomes Arturo Velez as Partner to Expand Middle Market Debt Finance Practice Group
Martin LLP is pleased to announce that Arturo Velez has joined as Partner in the firm’s debt finance practice group. Arturo’s practice concentrates on middle market debt finance where he advises both lenders and borrowers, as well as other stakeholders involved in finance transactions, including banks, alternative lenders in a variety of industries. Arturo has […]
Martin LLP Advises on the Sale of Med Learning Group Holdings to DW Health Partners
Martin LLP is pleased to announce its role on the sale of Med Learning Group Holdings, LLC (“MLG”) to DW Healthcare Partners, a healthcare-focused private equity firm. Terms of the transaction were not disclosed. Martin LLP served as co-counsel to the selling shareholders and counsel to the management team. MLG, previously a division of Ultimate Medical Academy, is […]
FTC Proposes Rule Prohibiting Non-Competes
On January 5, 2023, the U.S. Federal Trade Commission (FTC) proposed a new rule which would prohibit the imposition of non-compete agreements in the employment context. The FTC’s view is that non-compete agreements are “exploitative” and can substantially harm workers, including in particular by preventing workers from obtaining better employment opportunities to the tune of an estimated […]
Martin LLP Welcomes Sean Berry to Corporate Group
October 14, 2014 – Martin LLP is pleased to announce that Sean P. D. Berry has joined the firm’s Corporate Practice Group as a Senior Associate. Sean’s practice concentrates on corporate law, with emphasis on mergers and acquisitions, private equity, corporate finance, distressed transactions and venture capital. Prior to joining Martin LLP Sean worked at Schulte Roth & Zabel […]
Ward Leonard Acquires Houma Armature Works
Toys, Toys and More Toys…
October 2015 Martin LLP is pleased to announce that its client, Cardinal Industries, Inc., has been acquired by Spin Master Ltd. (TSX: TOY), a leading global children’s entertainment company. Martin LLP served as legal counsel to Cardinal and its two shareholders in connection with the sale of Cardinal to Spin Master’s US subsidiary, Spin Master […]
Connecticut Appellate Court Enforces Liquidated Damages Clause in Residential Real Estate Contract
November 2015 – The Connecticut Appellate Court recently issued a significant ruling in a case in which Martin LLP litigation partner Mark Gregory represented the seller of residential real estate to successfully enforce a liquidated damages clause upon the buyer’s breach. Peterson v. McAndrew et al, 160 Conn. App. 180 (2015). It is common for parties buying […]