Procopio, Cory, Hargreaves & Savitch LLP

We provide a variety of legal insights in the November 2024 Procopio News You Can Use newsletter, including articles and events on key topics such as: 💲 How to avoid mistakes when seeking funding for your company through anticipating legal due diligence; 🏛 What to expect from the U.S. Securities and Exchange Commission in 2025 relative to examinations; 🔎 Steps many companies need to take before January 1, 2025, to comply with the Corporate Transparency Act; 🖥 The role of cyber insurance in corporate legal cybersecurity efforts; 🎖 How to transition to a legal civilian career from one in the military; 🗾 Understanding the Japanese patent system; and 🏫 The latest on charter school regulations in California. We also announced significant firm news, including the historic election of a new Managing Partner and the recognition of two partners as leaders in law. And as always, we included a roundup of social media posts, including ones promoting new articles on the importance of drug companies in negotiating third-party intellectual property and the regulation of hospital medical staff. Please enjoy the November 2024 issue of News You Can Use, and subscribe to future issues. https://lnkd.in/gKtXduhu

Let's hear it for Jennifer Trowbridge, who just earned her Investment Adviser Certified Compliance Professional (IACCP) certificate! IACCP is designed for compliance professionals wanting to certify their knowledge of investment adviser regulatory obligations and gain additional competence in trading, regulatory mandates, disclosures and other current regulatory priorities. It consists of 20 compliance courses, work experience in investment adviser compliance, an ethics assessment, and a certifying examination. Jennifer is an award-winning attorney who focuses on a wide array of corporate law, including securities law, corporate finance, mergers & acquisitions, and Exchange Act reporting and compliance. She represents public and private companies, investment funds and underwriters in regards to federal and state securities laws and investment and capital-raising transactions such as PIPEs, private equity, debt and venture capital transactions & SPACs. Her services include public and private offerings (Regulation D, etc.), registration of securities (Forms S-1, S-8, etc.), and filing compliance with mergers, acquisitions, stock and asset purchases (Forms 10-K, 10-Q, 8-K, etc.). She also assists clients such as investment advisers, broker-dealers and investment firms with registration and on-going SEC and state compliance. Learn more about Jennifer. https://lnkd.in/gPSP3v_T

Facing strong opposition from a rare alliance of the pharma and tech industries as well as past agency leaders, the USPTO has withdrawn a proposed new rule directed at Terminal Disclaimer Practice To Obviate Nonstatutory Double Patenting that arguably could have led to a sizable number of existing patents facing unwarranted invalidation. Partner Bob Ramos explains why this development is good news for many who hold strategic patent portfolios. https://lnkd.in/gynB_gZM

A federal judge in Texas has issued a nationwide injunction temporarily halting the implementation of the Corporate Transparency Act (CTA), note Juan Daniel Arau and Rachel Edwards, preventing U.S. businesses from being required to disclose their beneficial ownership information to the Financial Crimes Enforcement Network (“FinCEN”). The decision, rendered on December 3, 2024, blocks the enforcement of the CTA’s reporting requirements, which were set to take effect on January 1, 2024, with an initial filing deadline of January 1, 2025. Learn more in our update. https://lnkd.in/gw-fEdU5

Kudos to our client Aya Healthcare, the largest U.S. healthcare staffing company, on its pending acquisition of Cross Country Healthcare. Managing Partner Dennis Doucette led the transaction on behalf of Aya, supported by Partner Trent Andrews, Associate Kaitlyn Jensen, and other corporate and tax attorneys. Procopio has managed seventeen acquisitions for Aya in recent years as the innovative staffing and software company continues to grow. Learn more. https://lnkd.in/g58Rjgit

Kudos to Partner and IP Team Leader Miku Mehta on being named to the 2024 IAM Strategy 300 list! Miku focuses on the preparation and prosecution of patent applications, due diligence projects, including preparation of opinions in the areas of patentability, validity, infringement and product clearance, and patent licensing. This is his second straight year earning this recognition. Miku was also included in IAM’s 2024 Patent 1000 and was named an IP Leader earlier this year by World Intellectual Property Review (WIPR). Learn more about Miku, our patent practice, and IAM in our release. https://lnkd.in/gR_x3sHC

Kudos to IP litigator Mindy Morton on being recognized by World Intellectual Property Review (WIPR) as a top USA trade secrets attorney! Mindy is listed as a recommended attorney in WIPR's inaugural list, and Procopio was listed as a notable firm. Learn more. https://lnkd.in/g4GB5A6b #tradesecrets #tradesecretslaw #iplitigation

Silicon Valley IP Partner Ernest Huang gave a presentation on AI-related patent examination guidelines in Japan, including how they differ from the U.S. The Nov. 14 event was co-sponsored by the Silicon Valley IP Law Association and the Japan Patent Attorneys Association in Redwood City, California. Ernest and others discussed whether you should choose patent protection or design rights for certain technical solutions, which could be protected by both patents and design rights in Japan.

If you’ve financed a school facility or are considering it, the U.S. Securities and Exchange Commission is focused on you and the financing team you hire, writes Chip Eady. The agency has been targeting unregistered advisors who have provided inadequate or conflicting advice to charter schools, exposing them to financial, reputational and legal harm. Learn more in this new article. https://lnkd.in/gvXy6QyV

Congrats to Sara Neva and Jennifer Trowbridge on being named finalists in the San Diego Business Journal Business Women of the Year Awards! Sara counsels clients on real estate, finance and general business transactions. Her practice involves real estate property purchase and sale, commercial leases and easements, joint venture formation and other equity investments, and financing. Jennifer focuses on a wide array of corporate law, including securities law, corporate finance, mergers & acquisitions, and Exchange Act reporting and compliance. Both have been recognized numerous times by the Business Journal in recent years.