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The Flood Gates Are Opened: SBA’s Mentor-Protégé Program Expands to All Small Business Concerns

Client Alert | less than 1 min read | 07.22.16

On July 25, 2016, SBA will publish its final rule, effective 30 days from publication, establishing a mentor-protégé program for all small business concerns, which will be separate from, but similar to, SBA’s current 8(a) Business Development program. As we will elaborate on further next week in a blog and a webinar thereafter, the government-wide program will significantly expand the pool of companies that can qualify as protégés and for which mentors have unique investment and joint venture opportunities to leverage on set-aside procurements.

Insights

Client Alert | 11 min read | 12.15.25

New York LLC Transparency Act: Key Requirements and Deadlines

On January 1, 2026 (“Effective Date”), the New York LLC Transparency Act ("New York Act”) is scheduled to take effect, introducing new disclosure requirements for limited liability companies (“LLCs”) formed or registered to do business in New York State.  The New York Act is expected to impose the type of broad beneficial ownership requirements the federal CTA and rules implementing it was designed to require, before the federal government’s decision to limit the scope of the CTA’s beneficial ownership reporting requirements to foreign companies and foreign beneficial owners....