Capital A Berhad (“Capital A”), (Kuala Lumpur Stock Exchange: 5099.KL), announced on Wednesday, February 28, that it had finalized a business combination agreement with Aetherium Acquisition Corp (Nasdaq: GMFI), a Special Purpose Acquisition Company (“SPAC”), to list Capital A International (“CAPI”) in the U.S. public markets. CAPI leverages the expansion, management and licensing of the…

Senate bill S.3431, entitled, the Customs Modernization Act of 2023, introduces numerous changes that importers need to be aware of. Rimon International Trade Partner, Sandra Lee Bell, explains some of the proposed legislative changes in a new alert. Read the full alert here. This summary is provided for informational purposes only and is not intended…

Rimon Managing Partner Juan Zúñiga joined Bill Banham for HRchat’s recent podcast “Cultivating Diversity in the Legal Industry.” Juan discussed diversity challenges in the legal industry and triumphs with stories that reveal the stark realities minority and women lawyers face, and the catalytic effect of leadership in cultivating an environment where diversity flourishes. Listen to…

On February 23, 2024, the Office of Foreign Assets Control (“OFAC”), U.S. Department of the Treasury, imposed new sanctions on Russia targeting nearly 300 individuals and entities on the SDN list (now totaling over 2,000) and the Bureau of Industry and Security, U.S. Department of Commerce, designated additional 93 entities to the Entity List (which…

We are pleased to announce that Rimon Partner John Finger has been recognized in the 2024 Best M&A Providers list by St. Louis Small Business Monthly. The St. Louis Small Business Monthly (SBM) provides marketers the opportunity to access closely held, privately owned companies throughout the St. Louis Metro area. Readers are from established companies…

Rimon Managing Partner Juan Zúñiga joined Katy Goshtasbi for her recent Honest Conversations podcast “Secrets to Grow a Law Firm Intentionally and Effectively.” In the episode, they discuss of the secret to growing your firm and practice including practical tips on creating the right team, planning for growth, incentivize for growth and managing growing pains.…

On February 15, 2024, the Office of Foreign Assets Control (“OFAC”), U.S. Department of the Treasury published revisions to the North Korea Sanctions Regulations (“NKSR”, 31 CFR Part 510), which were long overdue to assist humanitarian organizations, non-governmental organizations (“NGOs”) and news media to utilize the appropriate sanctions exemptions. Before North Korea closed its borders…

A significant number of Australian and New Zealand issuers accessed the US capital markets in 2023. We have identified 128 US debt and equity offers that were completed by Australian and New Zealand issuers in 2023, with a median amount raised of A$100 million. The following graph shows the number of debt and equity offers…

In June 2023, the state legislature passed a bill calling for a broad prohibition on non-competes. However, on December 22, 2023, Governor Hochul vetoed the bill. The bill would have banned all non-competes and was the subject of much scrutiny and resistance. For a bill to become law in New York, it must first be passed…

New York’s Paid Family Leave Act (NYPFL) provides paid leave benefits to employees who need to take a leave of employment due to family issues. Employees are eligible if they worked for a private employer in New York State (NYS) and regularly worked 20 hours or more per week for 26 consecutive weeks or regularly worked…