Venture Briefing: Attorney Spotlight: Thomas Kesoglou Venture Briefing: Attorney Spotlight: Thomas Kesoglou

Venture Briefing: Attorney Spotlight: Thomas Kesoglou

Ice Miller website
 
Headlines
 
 


Effects of Insider Trading Decision Lead to Dismissal of Seven Cases
The impact of a landmark decision that made it harder to prosecute insider trading was amply demonstrated as the top federal prosecutor in Manhattan moved to dismiss the charges and convictions of seven people. The 2013 conviction of Michael S. Steinberg —- the highest-ranking employee at SAC Capital Advisors to stand trial for insider trading —- would be dropped, as would the guilty pleas of six cooperating witnesses.
(Source: The New York Times, 2015-10-22) Read the full article
Corporate Auditors Struggling to Keep Up with M&A Activity
The increasing number of mergers and acquisitions is leading to more mistakes from finance departments. Acuitas, an Atlanta-based valuation and litigation consultancy that specializes in fair value measurements, conducted an analysis of Public Company Accounting Oversight Board inspections and found that corporate auditors are struggling to keep up with mergers and acquisitions following the 2007 financial crisis.
(Source: Business Insider, 2015-10-23) Read the full article
Silicon Valley IPOs Dwindling Over Threat of Technology Bubble
Gone are the days of technology initial public offerings that showered money on technology companies and startups coupled with huge valuations for investors. Now there are renewed concerns about a possible technology bubble bursting as the IPO market in Silicon Valley is fast losing its sheen.
(Source: Venture Capital Post, 2015-10-19) Read the full article
Silicon Valley Takes on Regulation, Including 1099 Business Model
Ted Ullyot has a non-traditional job at fabled Silicon Valley venture capital firm Andreessen Horowitz: help the firm and its portfolio companies navigate the collisions that arise when the unstoppable force of tech disruption meets the immovable object of government regulation. The outcome of these legal collisions -- which include fights over ride services and “on-demand” workers -- will determine the fate of many startups.
(Source: Fortune, 2015-10-25) Read the full article
Obama Has Pursued Far Fewer Corporate Prosecutions than G.W. Bush
The Obama administration has pursued far fewer corporate criminal prosecutions than occurred under George W. Bush, a new study shows. After reviewing hundreds of thousands of records obtained from the Department of Justice, the Transactional Records Access Clearinghouse (TRAC) found criminal prosecutions of corporations declined by nearly 30 percent from 335 in 2004 to 237 in 2014.
(Source: All Gov, 2015-10-19) Read the full article
Family Businesses to Change Hands as Baby Boomers Get Older
The impact of the aging baby-boomer generation on American companies isn't just about the retirements of longtime employees with crucial institutional knowledge. Also to be considered is that there's about $16 trillion worth of corporate assets that may change hands over the next 25 or so years, according to Northern Trust, as the aging owners of privately held businesses opt to sell or liquidate them -- or, in the case of family-owned businesses, transfer oversight of the business to a next-generation family member.
(Source: CFO.com, 2015-10-13) Read the full article
Asian Countries Rise in VC, Bring Competition to Silicon Valley
The venture capital business in Asia is beginning to rival that in North America, home to Silicon Valley and birthplace of the modern VC model. Investments in China and India, where most of the big deals are taking place, more than tripled to $16.9 billion in the third quarter, just less than the $17.5 billion invested in North America as of Oct. 1, according to Preqin Ltd., a London-based consultancy.
(Source: Bloomberg, 2015-10-18) Read the full article
General Mills Launches Venture Arm to Fund Food Startups
General Mills is thinking small. The big food giant is launching a new venture capital arm to make quiet bets on small rivals that could someday become big players in the grocery store.
(Source: Fortune, 2015-10-22) Read the full article
Private Equity Firms Commit to Hiring More Veterans
Private equity firms are usually fierce competitors, but they have joined forces for a good cause: hiring more veterans at U.S. portfolio companies. Top executives with leading private equity firms The Blackstone Group, The Carlyle Group, KKR & Co. and TPG gathered in Washington to show that solidarity at the inaugural Veterans Initiative Summit, where they joined first lady Michelle Obama and others to inspire more firms to hire veterans.
(Source: Pensions & Investments, 2015-10-19) Read the full article
 
 
 
Headlines
Attorney Spotlight: Thomas Kesoglou

 

Thomas Kesoglou

Thomas Kesoglou is the Office Managing Partner of Ice Miller's New York office, where he leads the firm’s Private Equity practice. Mr. Kesoglou represents private equity funds, mezzanine funds, SBICs, BDCs, family offices and independent sponsors providing strategic and legal advice in their investment strategies, including leveraged buyouts, mezzanine financings, growth capital transactions, early and late stage private equity investments and secondary transactions. Read more here.

 

Entrepreneur Bootcamp Series: Moonlighting? Protecting Your Start-up from Your 8-5 Employer

Join us in Ice Miller's Indianapolis office for TechPoint's Entrepreneur Bootcamp Series, presented by Ice Miller. The fourth session, Moonlighting? Protecting Your Start-up from Your 8-5 Employer, will be Thursday, November 12 from 3-5 p.m. featuring Ice Miller attorney Adam Arceneaux. Join us for a single session for just $15. Register here.

 

By The Numbers

According to the PitchBook Platform, 565 startups (as of October 19, 2015) worldwide have received VC funding since the beginning of September from over 930 different investors, with the combined value of the transactions totaling roughly $15.6 billion.
Source: Pitchbook.com – The Coolest Tech Getting VC Funding

 

Business
Services Group

Ice Miller has been one of the most active law firms in the private equity industry over the last decade, representing both entrepreneurs building great companies and the private equity firms and individuals that invest in them. We have extensive experience with all types of funds (formations and operations); mezzanine and senior secured financing; leveraged buyouts, roll-ups, build-ups, and consolidations; divestitures and exits; and complex litigation on behalf of investors and privately financed companies. In addition, over the past 10 years, Ice Miller has represented hundreds of emerging growth businesses in various industries on such matters as entity formation, capitalization, capital raising, alternative financing, intellectual property rights and protection, growth and exit strategies, corporate governance, tax matters, and many other legal issues that are critical to the growth and success of an emerging company.

Read the complete profile of the Business Group.

Anthony Aaron
Haley Altman
James Banister
Richard Barnhart
Samuel Beavers
Edward Braum
Elizabeth Brier
Adam Calisoff
Kristine Camron
Timothy Capen
Joshua Christie
Ryanne Bush Dent
Dustin DuBois
Stephen Edwards
Michael P. Farrell
Harry Gonso
Eric Goodman
Jon Groff
Stephen Hackman
David Hight
Steven Humke
Michael Jordan
Josef Keglewitsch
Tom Kesoglou
Patrick Kennedy
John Lawlor
Dean Leffelman
Christopher McCleary
Chris Michael
Laurie Miller
Michael Millikan
Robert Ouellette
Thomas Pampush
Matthew Servies
Brittney Sharp
Brent Showalter
Scott Snively
Dale Stackhouse
Emily Storm-Smith
Chase Stuart
John Thornburgh
Richard Thrapp
Kristina Tridico
Michelle Zaretsky

 

 
     
This publication is intended for general information purposes only and does not and is not intended to constitute legal advice. The reader must consult with legal counsel to determine how laws or decisions discussed herein apply to the reader's specific circumstances.

 
View Full Site View Mobile Optimized