Doreen M. Edelman, partner and Chair of Lowenstein’s Global Trade & National Security practice, gives a video interview to SupplyChainBrain on the increased regulatory requirements for companies engaged in international trade, and what to anticipate in 2023. Edelman notes that intensified pressure to strictly limit trade with Russia and China will result in even more regulation and government oversight this year; she also says that the recent Executive Order about CFIUS is a strong indication that the government may soon go after companies for failing to give notice of certain foreign investments. Predicting that businesses may eventually need to move towards a “transparent supply chain,” Edelman warns that “smart companies are going to have to figure out ways to be more attentive to these issues,” recommending that organizations start treating trade as a board level issue.
On January 10, 2023, Gov. Phil Murphy signed a substantial new version of New Jersey’s Worker Adjustment and Retraining Notification Act (WARN Act), which will take effect in 90 days. The amended New Jersey WARN Act imposes requirements in additio...
Lowenstein Sandler has named partner Anthony W. Raymundo as head of its Palo Alto, California office, effective as of January 1, 2023. Raymundo will continue the firm’s ongoing efforts to strategically grow Lowenstein’s presence in Silicon Valley....
Meredith Beuchaw and Ed Zimmerman of Lowenstein’s Tech Group provide input on best practices and considerations for startup founders in the M&A process in an article in TechCrunch by Vishal Lugani, general partner and co-founder at Acrew Capital. The article provides a suggested timeline to accommodate the need for startups to build relationships with potential acquirers, comply with governance requirements, conduct due diligence, and negotiate key deal terms; it also recommends the best way to choose an acquirer, reach consensus among stakeholders, manage legal issues, and maintain momentum towards closure. (subscription required to access article)
Law360 reports that Anthony W. Raymundo has been named managing partner of the firm’s Palo Alto office. Lowenstein Chair and Managing Partner Gary M. Wingens says: "Anthony's experience in tech and venture capital investment make him a natural choice to strengthen the impressive foundation Lowenstein Sandler has built over the last 14 years in the heart of the technology industry.” The story was also reported by Reuters, Bloomberg Law, Daily Journal, and Attorney-at-Law.