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Author: Kerry Franklin

Jan 2, 2020

Blockchain’s Art Expansion

Blockchain Technology

Recently, we provided a brief introduction into the still-evolving world of blockchain technology and its uses in the modern age. For a quick recap, please read our previous blockchain article. By way of a high-level summary, blockchain operates as a decentralized database of transactions, shared across a vast network of computers. Blockchains are used, most commonly, to transfer cryptocurrencies between contracting parties and to manage records of these transactions. The unregulated nature of blockchain technology has led to rapid growth in the industry and revolutionized the way that daily transactions can be made. While blockchain was initially developed for and is… Read more

Jun 6, 2019

So Who Owns the Emails?

For the last number of years, when I am retained to provide sell-side representation in an M&A transaction, one of the very first things I do is insist that my client’s “deal team” personnel with whom I will be working establish private email addresses (Gmail, Yahoo, etc.) for the transaction. I tell them we should cease communicating with each other on their company email accounts through the company’s email servers. Almost always, I get a very puzzled response until I provide this explanation: “We are going to be having very sensitive communication about this transaction concerning the company and its… Read more

Mar 11, 2019

The Care and Feeding of Your Charity

According to Giving USA, in 2017 Americans contributed $410.02 billion to charity, crossing the $400 billion mark for the first time. Giving by individuals totaled an estimated $286.65 billion and $45.89 billion was gifted to foundations. There are over 1.5 million charitable organizations in the U.S., predominantly public charities and private foundations. A public charity receives most of its support from the general public. A private foundation, on the other hand, usually receives its support from one source – an individual, family, or corporation. Private Foundations The primary activity of a private foundation (as opposed to a private operating foundation)… Read more

Sep 20, 2018

Specifying That a Contract Is Governed by New York Law May Not Necessarily Be All You Think It Is

International Transactions and New York Law

In the past, our FYI / לידיעתך articles focused on a single topic. For this edition, we share two topics that may be or become relevant in your work. Specifying that a contract is governed by New York Law may not necessarily be all you think it is. A “thank you” goes to my partners, John McCarthy and Marc Latman, for bringing this topic up in another SGR publication. It is not uncommon when Israeli companies are negotiating with U.S. companies, that the U.S. company is not comfortable having the contract governed by Israeli law. The Israeli company also does… Read more