Blog — Whitman Legal Solutions LLC

SEC Changes Disclosure Requirements for Rule 506(b) Offerings

The SEC has reduced disclosure requirements for Rule 506(b) offerings sold to non-accredited investors so they match those in Regulation A.

Securities LawElizabeth WhitmanNovember 12, 2020securities law, Rule 506, Rule 506(b), Regulation A, regulation d, accredited investor, non-accredited investors

SEC Simplifies Rule 506(c) Investor Verification for Repeat Investors

The SEC has made it easier for issuers to verify accredited status for repeat investors under Rule 506(c).

Securities LawElizabeth WhitmanNovember 3, 2020rule 506(c), Rule 506(b), Rule 506, accredited investor, accredited investor verification

Reimagining Real Estate for the Pandemic and After

Real estate owners can’t outsource or move real estate–they can only reimagine how the real estate will be used. Those who view the pandemic as an opportunity for growth will be part of real estate's post-pandemic evolution.

commercial real estate, Coronavirus, Real Estate Investments, Residential Real Estate, Retail Real Estate, Office Real Estate, Hospitality Real EstateElizabeth WhitmanOctober 24, 2020real estate ownership, Multifamily, commercial real estate, hotel, retail sector, office sector, parking lot, COVID-19

SEC Adds Knowledgeable Issuer Employees to List of Accredited Investors in Private Placements

Starting in December individuals may be accredited based upon their credentials, and issuer employees may be accredited based upon their "knowledge." However, there is no bright-line test to determine which employees are sufficiently knowledgeable to be accredited investors.

Real Estate Investments, Securities LawElizabeth WhitmanOctober 18, 2020securities regulation, securities law, accredited investor, reg d, regulation d, private placement, knowledgeable employee, tom hess, rhapsody of fire

What’s the Best Way to Determine the Value of Your Real Estate?

To understand the difference between appraisals, BOVs, and CMAs, real estate owners should understand the difference between the professionals that issue them.

commercial real estate, Residential Real Estate, Real Estate TransactionsElizabeth WhitmanOctober 17, 2020bov, broker opinion of value, broker price opinion, appraisal, real estate appraisal, BPO, Broker Price opinion

SEC Proposes Finder Rule

The Securities and Exchange Commission has proposed a rule that would, under limited circumstances, allow unlicensed individuals to be compensated finders in certain securities transactions.

Securities Law, Business LawElizabeth WhitmanOctober 13, 2020finder, transaction-based compensation, Rule 506(b), The Hermitage, The miller who was a wizard, broker-dealer, paul anka, sokolovsky, private placement

Diaper Changing Tables Now Required

Maryland now requires diaper changing tables in public restrooms in government buildings. Although the new law isn't applicable to commercial real estate owners and private businesses, they, too, should install diaper changing tables in both men’s and women’s restrooms at their properties.

commercial real estate, Business Law, Property ManagementElizabeth WhitmanOctober 4, 2020commercial real estate, diaper changing table, changing table, baby opera, gender stereotypes, gender equality, BABIES Act

Surviving Contract Termination

Usually, when a contract ends, the parties’ obligations to each other end too. But sometimes parties to a contract want to end a contractual relationship but have some of their contractual obligations continue after the relationship is over.

ContractsElizabeth WhitmanSeptember 27, 2020Survival, survival clause, surviving termination, contract interpretation, COVID-19, London Symphony, Berlin Philharmonic, Annapolis Symphony

Fair Housing Act Prohibits LGBTQ Discrimination

The U.S. Supreme Court’s decision in Bostock v. Clayton County, Georgia doesn’t only apply to employment relationships. The decision also clarifies that the Fair Housing Act prohibits discrimination based upon sexual orientation or gender identity.

Apartment Lease, Fair Housing, Property Management, Residential Real EstateElizabeth WhitmanSeptember 21, 2020Fair Housing, Fair Housing Act, Housing Discrimination, LGBTQ, sexual orientation, gender identity, lucia lucas, FHA, Bostock, Bostock v. Clayton County

Protect Yourself from COVID-19 Scams

The COVID-19 pandemic has provided new means for scammers to separate their victims from their money.

Business Law, Coronavirus, Identity Theft and Fraud, cybersecurityElizabeth WhitmanSeptember 14, 2020Jessica Chicchitto Hindman, Sounds like Titanic, sychronization, lip-sync, covid-19, coronavirus, scam, phishing, fraud

Bach to Business

Our award-winning blog draws from Elizabeth Whitman’s background in and passion for classical music to illustrate creative solutions for complex legal challenges for businesses and real estate investors.