September 12, 2026
–Client Alert
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Below are some third party resources that you may find useful. Sullivan & Worcester did not prepare the items linked to below and is not responsible for their content.
The publications and resources above primarily relate to public companies and mature private companies. These materials generally relate to U.S. federal securities laws and rules and regulations of U.S. agencies, such as the SEC and the Public Company Accounting Oversight Board, and self-regulatory organizations, such as the New York Stock Exchange, American Stock Exchange and Nasdaq. Sullivan & Worcester also advises smaller private companies on all matters relating to corporate governance. In addition, our Capital Markets Group assists clients in complying with corporate governance requirements and other rules and regulations under state law, including in Delaware, Massachusetts and New York, among others.
Sullivan was issuer's counsel for Chromocell Therapeutics Corporation, a clinical-stage biotech company focused on developing and commercializing new, non-opioid therapeutics to alleviate pain, in their $6.6 million initial public offering of common stock.
The Sullivan team was led by David Danovitch, director of the firm’s Corporate Department, with partners Charles E. Chambers Jr., Aaron Schleicher and associate Brian Hurley. Sullivan has developed a strength in working with entrepreneurial biotech and tech companies in the U.S. and in Israel.
David E. Danovitch, Charles E. Chambers Jr. and Brian P. Hurley
Sullivan represented Wearable Devices Ltd., a growth company developing a non-invasive neural input interface technology in the form of a wrist wearable band for controlling digital devices using subtle finger movements for B2B and B2C customers, in its $16 million initial public offering. Wearable Devices is based in Israel and aims to create a world in which the user’s hand becomes a universal input device for touchlessly interacting with technology, and that their technology is setting the standard input interface for the Metaverse.
Howard E. Berkenblit, Oded Har-Even, Tamilla Nurizada and Ilana Neck Levin
Below are some third party resources that you may find useful. Sullivan & Worcester did not prepare the items linked to below and is not responsible for their content.
The publications and resources above primarily relate to public companies and mature private companies. These materials generally relate to U.S. federal securities laws and rules and regulations of U.S. agencies, such as the SEC and the Public Company Accounting Oversight Board, and self-regulatory organizations, such as the New York Stock Exchange, American Stock Exchange and Nasdaq. Sullivan & Worcester also advises smaller private companies on all matters relating to corporate governance. In addition, our Capital Markets Group assists clients in complying with corporate governance requirements and other rules and regulations under state law, including in Delaware, Massachusetts and New York, among others.
Below are some third party resources that you may find useful. Sullivan & Worcester did not prepare the items linked to below and is not responsible for their content.
The publications and resources above primarily relate to public companies and mature private companies. These materials generally relate to U.S. federal securities laws and rules and regulations of U.S. agencies, such as the SEC and the Public Company Accounting Oversight Board, and self-regulatory organizations, such as the New York Stock Exchange, American Stock Exchange and Nasdaq. Sullivan & Worcester also advises smaller private companies on all matters relating to corporate governance. In addition, our Capital Markets Group assists clients in complying with corporate governance requirements and other rules and regulations under state law, including in Delaware, Massachusetts and New York, among others.
First, a crucial clarification. While The Princess Bride (the wonderful movie) has the frame narrative of a grandfather who reads the book to his grandson, The Princess Bride (the wonderful book) has the frame narrative of a man whose father read it to him, and who wants to share it with his own son. The book is out of print, and the man sends his lawyer to a used bookstore
Karen Kepler will moderate a panel discussion titled “From Subsidized to Missing Middle: Developing for Affordability” at Bisnow’s Multifamily Annual Conference (BMAC) New England, taking place September 24 at Artists For Humanity in Boston. The panel will examine the financing tools and subsidy structures available to affordable housing developers, the gaps that remain in the capital stack and how shifting development economics are prompting cities, developers and nonprofits to rethink how
Douglas S. Stransky, partner and leader of the Tax Practice Group, has published the third post in his series for the LexisNexis blog, examining what happens when the most common structuring sequence in S corporation M&A runs into a target’s own election history. The post follows a hypothetical sale of a U.S. manufacturer to a foreign strategic buyer, where a pre-closing F reorganization under Rev. Rul. 2008-18 is the standard answer:
Sullivan & Worcester’s recently acquired award-winning European Growth Capital Team, led by James Shaw and Ben Williams, advised ETF Partners (Lead) and A&G in connection with their continued support and investment in Open Cosmos, a U.K.-headquartered satellite technology company, as part of the company's €300 million funding round announced on September 14, 2026. The financing was backed primarily by European investors and represents one of the most significant recent investments in Europe's growing
Sullivan & Worcester was pleased to sponsor the 2026 ITFA Emerging Leader Award, presented at the Gala Dinner during ITFA’s 52nd Annual International Trade and Forfaiting Conference in Split, Croatia. Following presentations by the three shortlisted candidates and a vote by delegates attending the conference, Harry Thursby-Pelham at HSBC was named the 2026 winner for his project, ‘Fluent in Finance’. Sullivan partner and head of the firm’s Trade & Export Finance
Gregory Sampson was quoted in the Bisnow article, “Healey's New Data Center Rules Make Massachusetts A Tough Sell For Developers,” discussing Massachusetts Governor Maura Healey's executive order establishing new requirements for large-scale data center development in the Commonwealth. The article examines how the order will affect proposed data center projects, including requirements related to local approval, community benefit agreements, power infrastructure and environmental impacts. As discussed by Greg, the order was the
On August 5, 2026, Article 28-F of the New York Public Health Law (the “Medical Aid in Dying Act” or the “Act”) became effective, creating a framework under which, in certain limited circumstances, terminally ill New York residents may request and self-administer medication intended to hasten death.[i] Although narrow in its scope, the Medical Aid in Dying Act serves as a reminder of the importance of advanced healthcare planning and clearly
The Massachusetts Appeals Court recently issued a useful reminder that aggressive discovery positions risk negative consequences far beyond facing motions to compel. In Old Ironsides Energy LLC v. Marsh & McLennan Agency LLC[1], the court affirmed summary judgment against a plaintiff seeking approximately $20 million in damages after concluding that the plaintiff lacked admissible expert testimony necessary to prove its claimed damages. The $20 million kicker? Expert testimony would have been admissible
John Hunt will participate in a panel discussion titled "Regulatory Review & Potential Reforms" at Crane Data’s European Money Fund Symposium on September 25, 2026, in Paris, France. John will be joined by Dennis Gepp, Head of European Government Affairs at Federated Hermes. Recent and upcoming regulatory changes impacting European and UK money market funds will be explored. The European Money Fund Symposium offers "offshore" money fund portfolio managers, and money market investors,
Partner Geoffrey Wynne will participate in The Trade Finance Compliance Conference hosted by leading global consultancy HKA and IIBLP (the Institute of International Banking Law & Practice) in London on October 6, the theme of which is “Inside Real-World Trade Finance Compliance Decision-Making.” Geoff will join the panel discussing “Fraud, TBML (Trade-Based Money Laundering) and credit risk - one fact pattern, three silos” which will be moderated by Lorna Strong (Associate
First, a crucial clarification. While The Princess Bride (the wonderful movie) has the frame narrative of a grandfather who reads the book to his grandson, The Princess Bride (the wonderful book) has the frame narrative of a man whose father read it to him, and who wants to share it with his own son. The book is out of print, and the man sends his lawyer to a used bookstore
Karen Kepler will moderate a panel discussion titled “From Subsidized to Missing Middle: Developing for Affordability” at Bisnow’s Multifamily Annual Conference (BMAC) New England, taking place September 24 at Artists For Humanity in Boston. The panel will examine the financing tools and subsidy structures available to affordable housing developers, the gaps that remain in the capital stack and how shifting development economics are prompting cities, developers and nonprofits to rethink how
Douglas S. Stransky, partner and leader of the Tax Practice Group, has published the third post in his series for the LexisNexis blog, examining what happens when the most common structuring sequence in S corporation M&A runs into a target’s own election history. The post follows a hypothetical sale of a U.S. manufacturer to a foreign strategic buyer, where a pre-closing F reorganization under Rev. Rul. 2008-18 is the standard answer:
Sullivan & Worcester’s recently acquired award-winning European Growth Capital Team, led by James Shaw and Ben Williams, advised ETF Partners (Lead) and A&G in connection with their continued support and investment in Open Cosmos, a U.K.-headquartered satellite technology company, as part of the company's €300 million funding round announced on September 14, 2026. The financing was backed primarily by European investors and represents one of the most significant recent investments in Europe's growing
Sullivan & Worcester was pleased to sponsor the 2026 ITFA Emerging Leader Award, presented at the Gala Dinner during ITFA’s 52nd Annual International Trade and Forfaiting Conference in Split, Croatia. Following presentations by the three shortlisted candidates and a vote by delegates attending the conference, Harry Thursby-Pelham at HSBC was named the 2026 winner for his project, ‘Fluent in Finance’. Sullivan partner and head of the firm’s Trade & Export Finance
Gregory Sampson was quoted in the Bisnow article, “Healey's New Data Center Rules Make Massachusetts A Tough Sell For Developers,” discussing Massachusetts Governor Maura Healey's executive order establishing new requirements for large-scale data center development in the Commonwealth. The article examines how the order will affect proposed data center projects, including requirements related to local approval, community benefit agreements, power infrastructure and environmental impacts. As discussed by Greg, the order was the
