Category Archives: Business and Transactions

Are you an growing company in the Mid-Atlantic region that is seeking outside investment?  If so, IMPACT 2013 may be the perfect opportunity for you.

The IMPACT 2013 Venture Summit is an opportunity for growing technology and health care companies, along with innovative early stage businesses, to pitch their company to prominent investors.  IMPACT 2013, also offers networking opportunities with business community leaders and panel sessions that offer relevance, value and expert knowledge.

IMPACT 2013 will take place October 22 and 23, 2013 in Philadelphia.  We at  Fox Rothschild LLP are proud to be the host sponsor of IMPACT 2013, and we look forward to seeing you there.

Click here to learn more and apply to be a featured company at IMPACT 2013.

There is still time to join more than 600 investors, entrepreneurs, business leaders and service providers at the 2013 3 Rivers Venture Fair.  This year’s fair will take place  on Wednesday April 10 and Thursday April 11 at PNC Park in Pittsburgh, PA.

Since its debut in 2002, the 3 Rivers Venture Fair has become a recognized proving ground for promising technology pioneers, helping featured innovators raise more than $400 million in capital.

This year’s program will feature 40 presenting companies in diverse industry categories, including life sciences, energy, communications, software, manufacturing, media and more.

For more details, visit the 3RVF website http://www.3rvf.com.  To register, click here.

This year’s 3 Rivers Venture Fair is scheduled for April 10-11, 2013 at PNC Park in Pittsburgh, PA.  The 3RVF connects investors, entrepreneurs, business leaders and service providers who are interested in discovering innovation breakthroughs, ground-floor investment opportunities and trends in industries ranging from life sciences, to energy, to manufacturing, to electronics and software, and more.

The 3RVF is still accepting nominations for presenting companies, but the available slots are filling fast.  Companies seeking venture investment should click here to apply to be considered for a presentation as a featured company.  Or, if you know a rising company who may benefit from the exposure and potential investment, nominate that company via the attached link.

When the slots are filled, nominations will be closed, so apply now to be considered.  See you at the 3RVF!

Are you a new entrepreneur, an early stage company leader, or someone who wants to learn more about starting or leading a business?  If so, and if you are located in Western Pennsylvania, West Virginia or Eastern Ohio, then mark your calendar for TiE Pittsburgh‘s annual Entrepreneur’s Base Camp, which is set for Saturday, September 29, 2012 at Carnegie-Mellon University.

This year’s Base Camp will focus on social media and how it drives so many businesses today.  Regardless of whether your business will be a full social media company, or you just plan to use social media as a tool to reach your customers, this year’s Base Camp will have something useful for you.

As one of the Base Camp’s faculty, I’ll be participating in a discussion about legal issues that companies need to consider before using social media as a marketing tool, and legal strategies for protecting the value of your brands online.

To register for the event, visit the TiE Pittsburgh website by clicking here.

The United States Internal Revenue Service recently issued guidelines on how it intends to treat certain transfers of patents, trademarks and other intangible assets from U.S. corporations to foreign entities.  In Notice 2012-39, the IRS addressed its concern that “that certain taxpayers are engaging in transactions intended to repatriate earnings from foreign corporations without the appropriate recognition of income.”

Section 367(d) of the Internal Revenue Code governs the tax treatment of income or gain arising from certain transfers of  intangible property by a U.S. entity to a foreign corporation.  In the Notice, the IRS announced its plan to issue regulations that “will ensure that, with respect to all outbound section 367(d) transfers, the total income to be taken into account under section 367(d) is either included in income by the U.S. transferor in the year of the reorganization or, where appropriate, over time by one or more qualified successors.”

The Notice provides examples of transactions that will be covered by the regulations.  Although the regulations are not yet published as of the date of this post, the Notice states that they will be effective to all transactions that occur July 13, 2012 or later.  Thus, corporations considering an outbound transfer of intangible assets should carefully study the Notice to ensure that they understand the tax implications of the transaction under the upcoming rules.

IMPACT 2012, scheduled for November 7-8, 2012 in Philadelphia, is a Venture Summit Mid-Atlantic Conference that showcases companies in the technology, healthcare, and clean technology fields.   Spaces are still available for early-to-mid stage companies who wish to present as a featured company.  The Philadelphia Alliance for Capital and Technologies PACT will accept applications through September 14.

In addition, PACT is offering a special “200 for 200″ rate:  a $200 admission for the first 200 entrepreneurs who sign up to attend the conference.   Attendees have the opportunity to meet a wide variety of private equity and venture capital leaders, promote their companies at several entrepreneur-focused sessions, and learn what’s new and exciting in the Mid-Atlantic technology community.

For more details, visit the PACT website at http://philadelphiapact.com/