Benefit Corporations: Coming Soon to New Hampshire

Beginning Jan. 1, New Hampshire will join over two dozen other states in permitting business and professional corporations to be formed as “benefit corporations” – a hybrid form of corporate entity that allows a for-profit corporation to pursue social responsibility as one of its stated business purposes. Read the full story here.       

Massachusetts’ Mandatory Sick Time Law

CLIENT ALERT By Karen A. Whitley and Mark J. Ventola On January 7, 2015, outgoing Governor Patrick signed into law “An Act relative to parental leave” (“Parental Leave law”), which will replace the Massachusetts Maternity Leave Law (“MMLA”), Mass. G.L. c. 149, §105D.  The new law took effect on April 7, 2015, and applies to 

NH Legal Perspective: Some Basic Patent Tips for Start-Ups

If you’re involved in a technology-based start-up, chances are you have a lot on your mind.  Research and development, raising capital, managing cash flow and marketing are just a few of the important, time-consuming issues on your plate.  And, if your company just happens to be developing some cool, innovative technology, you probably have patents on 

Licensing to Begin of New Hampshire Med Techs

In the fall of 2011 the news broke that David Kwiatkowski, a traveling medical technician, had infected more than 30 Exeter Hospital patients with Hepatitis C, using covert drug-diversion tactics that eluded criminal background checks and drug tests. Read the full story here.                

NH Legal Perspective: Cloudy with a Chance of Trade Secret Forfeiture

CLOUD COMPUTING has become ubiquitous. These days, every tech company seems to be promoting a cloud-based service. And it makes sense. It sells. Who doesn’t want the universal accessibility, cost-saving programs, and unparalleled storage that cloud computing provides? Read the full story here.            

How State’s New Social Media Access Law Will Work: Measure Gives Employees Privacy in Their Personal Email and Social Media Accounts

A new state law imposing civil fines on employers who attempt to invade employees’ personal email and social media accounts – which becomes effective Sept. 30 – applies to accounts used by employees and prospective employees “primarily for personal communication unrelated to any business purpose of the employer.” Read the full story here.     

Sheehan Phinney Attorneys Assist in $52 Million Sale of New England Wood Pellet

(May 19, 2014, Manchester, NH) – Seven Sheehan Phinney Bass + Green PA attorneys successfully represented the firm’s client, New England Wood Pellet, LLC (NEWP), in its sale to Rentech, Inc. (NASDAQ: RTK), a wood fibre processing, wood pellet production and nitrogen fertilizer manufacturing company based in Los Angeles, CA. In the transaction, Rentech acquired all of the equity interests in NEWP for $34.5 million in cash and the assumption of $13 million of debt. The purchase agreement also calls for an earn-out payment of up to $5 million. The Sheehan Phinney attorneys assisting in the transaction were Robert P. Cheney, Michael J. Drooff, Colleen Lyons, Peter T. Beach, Margaret E. Probish, Susan A. Manchester and Daniel K. Fink.

Sheehan Phinney Attorneys Assist MRSI Systems with Purchase Agreement

(Boston, MA, April 2, 2014) – Attorneys from the law firm Sheehan Phinney Bass + Green PA assisted MRSI Systems, LLC, in its recent purchase of the MRSI Group of Newport Corporation (Nasdaq: NEWP). MRSI Systems was formed by three long – time managers of the division, which makes and sells precision equipment used in high technology manufacturing.

Three Doors Do Not Equal One Entrance

CLIENT ALERT By John Perten The MA Appeals Court has ruled that for purposes of handicap accessibility, all doors to a commercial establishment must comply, not just some. Hollister, a clothing retailer, leases and operates a store at a shopping mall. When it took over the space, there was a single central entrance door that 

Subleasing is Not as Simple as It Seems

Subleasing is a common tool both for tenants who are trying to downsize by becoming sublandlords and for tenants who are seeking temporary space or looking to upgrade the quality of their space or location by becoming subtenants; this is particularly common during a recession. Tenants and prospective subtenants should evaluate the nuances – and 

Buying Debt: The Next Best Thing to Owning Property

During the last great recession, which lasted from the late 1980’s to the mid-1990’s, massive amounts of real estate loans were sold at significant discounts, and buyers of these loans often made staggering returns.  So, naturally, when the current recession hit the real estate and banking industries, investors holding debt started gearing up for another 

Sheehan Phinney Attorneys Win Important Decision

(April 11, 2012, Boston, MA) – Sheehan Phinney Bass + Green PA attorneys Charles M. Waters and Patrick J. Hannon recently won an important decision before the Massachusetts Supreme Judicial Court in a matter of first impression regarding claims based upon misrepresentations made by insurance agents.

Sheehan Phinney Attorneys Win Against Starbucks

(January 9, 2012, Manchester, NH) – Sheehan Phinney Bass + Green PA shareholders Christopher Cole and John-Mark Turner successfully defended Black Bear Micro-Roastery, a family-owned, New Hampshire coffee purveyor, in a 14-year long, David and Goliath-like trademark dispute against Starbucks Corp. On December 23, 2011, a federal district court in New York confirmed that Black Bear’s use of the term “Charbucks Blend” did not infringe upon, or dilute the value of Starbucks’ trademark and service mark.

Sheehan Phinney Represents NetProspex In Venture Financing

(December 23, 2010, Boston, MA) – Sheehan Phinney lawyers recently represented NetProspex Inc. (www.netprospex.com), a Waltham MA based company, in its securing of $5.5 million in venture financing. This was NetProspex’s second round of financing, bringing their total investment to $7.5 million to date. The lead investor in the financing was Edison Ventures; existing investors also participated.