Aperture Venture Capital Closes First Round of 75 Million Dollar Corporate Diversity Fund

Rimon congratulates client, Aperture Venture Capital, on the first round close of its $75 million corporate diversity fund. The fund features an engagement platform that offers a solution to the systemic biases in venture capital and encourages corporate diversity investing. Attorneys Timothy Gladden and James Killmond advised Aperture Venture Capital on the deal. Read the press release here. Timothy Gladden…

FINCA Impact Finance Closes Divestiture of Subsidiary in Georgia

Rimon’s Mikhail Usubyan and Daria Von Mensenkampff are legal advisors on transaction Washington DC –  Rimon PC congratulates client, FINCA Impact Finance, on a successful closing of the divestiture of its subsidiary in Georgia. FINCA Bank Georgia was acquired by leading Georgian bank Credo Bank. The transaction was supported by French Development Finance Institution Proparco Groupe Agence Française de Développement.  Proparco joined German Access Microfinance Holding AG, funds managed by the Dutch Triodos Investment Management, and Swiss ResponsAbility Investments AG as a…

Bostock v. Clayton County and Its Expansion of Sexual Discrimination to Include Discrimination against Persons for Sexual Orientation and Gender Identity

Bostock v. Clayton County: The Expansion of “Sexual Discrimination” to Include Discrimination against Persons for Sexual Orientation and Gender Identity Authored by John Mussman and Daryl Jackson  In June, 2020, the United States Supreme Court ruled in Bostock v. Clayton County that the prohibition against discrimination on the basis of sex in Title VII of the Civil Rights Act…

Immigration Alert: International Entrepreneur Parole

The Biden Administration, in its effort to grow the American economy through increased capital spending, innovation, and job creation has revived the International Entrepreneur (IE) Parole program, which allows qualifying foreign nationals permission to enter and remain in the U.S. for up to five (5) years in order to build and scale their businesses. Eligibility of the…

Global law firm Rimon PC opens new office in Delaware with addition of Intellectual Property Partner, Zhun Lu

Newark, DE – Rimon is pleased to welcome intellectual property Partner Zhun Lu to its new office in Newark, Delaware. Rimon’s Delaware office is its 41st location, having recently added offices in Phoenix, Austin, and Montréal in North America, as well as London and Paris in Europe. Prior to joining Rimon, Mr. Lu was Partner at Drinker Biddle & Reath LLP. Mr. Lu is a seasoned intellectual property attorney with 20 years…

Global Law Firm Rimon PC Expands Paris Office with Stephanie De Giovanni and Nolwenn Daïrien

Paris – Rimon, PC is pleased to welcome Partner Stephanie De Giovanni and Associate Nolwenn Daïrien to the firm’s recently opened Paris office. Ms. De Giovanni and Ms. Daïrien join the firm from Simon Associés, where they were Partner and Associate, respectively, in the firm’s Compliance Department. Ms. De Giovanni is an accomplished international and litigation attorney with over 20 years of experience practicing commercial law…

Real Estate Tokenization – An Overview for Issuers

While real estate security token offerings have been around for a few years, the increased adoption of cryptocurrencies and the emergence of decentralized finance (“DeFi”)  protocols have created a powerful use case for the tokenization of additional assets, such as real estate.  This article summarizes the basics of a tokenized real estate fund offering, as well…

Rimon Recognized as Great Place to Work®

Rimon, PC has been recognized as a Great Place to Work®. Since 1992, Great Place to Work® has surveyed more than 100 million employees around the world. The survey utilized data-driven methodology analyzing employee feedback providing deep insights into the workplace culture. “Rimon was founded on the principle that there is a better way to practice…

Alert to Broker-Dealers and Hedge Funds: SEC Charges Broker-Dealer with Naked Short-Selling Violations

On May 19, 2021, the Securities and Exchange Commission (“SEC”) charged a broker-dealer, BTIG, LLC (“BTIG”), with repeatedly violating the (i) order-marking and (ii) locate provisions of Regulation SHO, in connection with more than 90 sale orders from a single hedge fund customer. Regulation SHO regulates short sales of securities and is aimed, in large…

Webinar: Curious About Curio – A Conversation with Michael Bronfein from Curio Wellness

12:00 PM – 1:00 PM – EST, June 18, 2021 Presented by Rimon Law and Cannabis Business Executive View Webinar Here Why You Should Attend In this program, host Jason Klein and Curio Wellness CEO Michael Bronfein will discuss issues faced by the cannabis industry, including: Evaluating strategic partnerships for your growing business Why federal lobbying matters and how to…