Kohner, Mann & Kailas, S.C. (KMKSC) Shareholder Discusses Impact of Federal Jobs Act

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Alexander “Sandie” Pendleton speaks on the Jumpstart Our Business Startups (JOBS) Act

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Long-time Kohner, Mann & Kailas, S.C. lead counsel to new and emerging businesses, Alexander “Sandie” Pendleton, joined leading Midwestern representatives of the investment and regulatory communities on a high-profile panel designed to provide investors in, and managers of, high-growth and emerging companies with practical insights into what the federal Jumpstart Our Business Startups (JOBS) Act actually means for them. The event was held July 12, 2012 at the Crowne Plaza Hotel located in Wauwatosa, Wisconsin.

Organized by the Wisconsin Technology Council—the independent, non-profit science and technology adviser to the governor and the Legislature—and the Wisconsin Innovation Network, the remainder of the panel was made up of senior representatives from the securities regulation and early-stage investment communities.

The Act addresses securities regulation of “emerging growth companies” and is aimed at reducing the regulatory burdens on qualifying businesses. Additionally, the Act is intended to make it easier for small businesses to raise equity, one high-profile example being a regulatory structure for approved “crowdfunding” via the internet. However, many of the provisions trigger significant regulatory compliance obligations and questions remain about how viable some of the touted benefits—including crowdfunding—will be in practice.

If you have questions relating to the JOBS Act or other matters relating to start-up or early stage ventures, contact Sandie at apendleton(at)kmksc(dot)com or (414) 962-5110.

For more information on Kohner, Mann & Kailas, S.C., please visit: http://www.kmksc.com or contact Stephen Taylor at (414) 962-5110.

About Kohner, Mann & Kailas S.C. (KMKSC)
Founded in 1937 as a law firm devoted exclusively to advancing the interests and upholding the rights of businesses, Kohner, Mann & Kailas, S.C. is a business transactions, commercial finance and litigation law firm offering sophisticated, high-quality legal expertise in the areas encountered by businesses in the course of their commercial operations and development. The firm’s services range from high-profile appellate representation and international business issues to ensuring that critical everyday commercial needs, such as debt recovery, are fulfilled efficiently and expertly. The firm’s purpose is to deliver excellent results to their clients in negotiations, transactions, litigation, and alternative dispute forums across North America and beyond.

Kohner, Mann & Kailas S.C. is a member of the International Society of Primerus Law Firms.

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Derek N. Hoeft

Stephen D. R. Taylor
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