In the news provided by Littman Krooks LLP
Littman Krooks represents Iconic Fragrances in licensing transactions for numerous celebrities with Parlux Fragrances
The firm represented Iconic Fragrances, LLC, a venture between fragrance veteran Rene Garcia and entertainer/entertainer Shawn "Jay-Z" Carter, in its agreements with Parlux Fragrances, Inc. (NASDAQ: PARL). Through, Iconic, Parlux has entered into individual worldwide fragrance licenses for multiple Grammy award winning and mult-platinum selling international entertainers Rihanna and Kanye West. Iconic also is in the final stage of negotiations for a worldwide fragrance license with Shawn "Jay-Z" Carter, and in discussions with a well-estatblished female artist.
Littman Krooks Ranked in 7th Place in 2008 on Representation of Placement Agents in Pipe Transactions (New York, NY - January 23, 2009) Littman Krooks LLP has been ranked seventh in the nation in The 2008 U.S. PIPE (Private Investment in Public Equity) Market Placement Agent Counsel League Table based on number of transactions, published by Placement Tracker. "As the only boutique law firm in the top ten listing, we are particularly proud of our 2008 ranking which validates our value-add presence to investment banking firms and issuers in the PIPE market space," said Steve Uslaner, a partner in LK's corporate finance group. "We look forward to continuing to guide our clients through the challenging environment that presents itself in 2009."
PlacementTracker is a well-recognized independent research service which covers the PIPE market and is a product of Sagient Research Systems Inc. Other areas included in the 2008 U.S. PIPE Market League Tables were rankings of transactions and by total amount placed, and legal counsel to market issuers by number of transactions.
"Since our inception in 1990, our firm has abided by our dedication to provide large law firm service with small law firm attention to our clients" added Mitchell Littman, a founding member of the firm. "Our national ranking demonstrates our ability to deliver quality service to the investment banking community on a cost effective basis."
Littman Krooks in Joint Letter with 7 Law Firms Seeks Changes to Rule 144 from the SEC Littman Krooks, along with 7 other leading securities law firms, has submitted a formal letter to the SEC requesting changes to the new Rule 144 of the Securities Act. The request concerns the so-called "evergreen requirement" limiting sales of restricited stock in former shell companies. The evergreen requirement essentially maintains that once a shell, always a shell, thereby limiting small companies' ability to secure financing, according to the attorneys on board. Instead of the additional requirements being applicable for the life of the company, the attorneys are requesting that they apply only for the first year after a company ceases to be a shell. The eight lawyers are now making their formal request for rulemaking directly to the five commissioners.
Littman Krooks LLP client raises approximately $6.5 million for a private problem solving company
Littman Krooks client raises in excess of $16 million for a private medical technology company
Littman Krooks LLP client raises approximately $13 million for casual restaurant franchisor in reverse merger PIPE
Littman Krooks LLP client acquires NY based shoe store chain
Littman Krooks LLP represents private web-based client in capital investment by Fortune 100 company
Littman Krooks LLP pro bono work gets noticed
Corporate and Securities Law. Since its inception in October 1990, Littman Krooks LLP has focused on investment banking firms, private and public companies, investment partnerships and private investors in a wide variety of financing and corporate transactions. We also represent clients in mergers and acquisitions and contract negotiations and provide a full complement of legal services to our client companies and their principals. Many of our clients are from the underserved middle market, where top tier legal and capital market expertise has long been unavailable.
Although a boutique law firm, Littman Krooks LLP was ranked seventh in the nation in The 2008 U.S. PIPE (Private Investment in Public Equity) Market Placement Agent Counsel League Table, based on number of transactions.
Our expertise includes:
Notably, our New York corporate and securities lawyers have significant experience in broker-dealer and investment banking services, and represent several financial institutions and securities broker-dealers in connection with requirements under federal and state securities laws.
Our corporate and securities work is results- and goal-oriented. Each Littman Krooks Corporate and Securities Attorney recognizes the demands on our clients’ time and understand that in the financial world, our clients’ needs require that each corporate and securities attorney stay involved in the day-to-day interaction to resolve issues and accelerate progress to closing each transaction. Our NY corporate and securities team prides itself on its responsiveness and availability, while providing the consistent quality, efficiency and cost-effective service our clients require.
