Sullivan & Worcester introduces the debut issue of its Funds and Advisers Quarterly Regulatory Update, covering the period from August 1 through October 31, 2026. This new quarterly newsletter provides a concise overview of significant legal, regulatory and enforcement developments affecting registered funds, private funds, investment advisers and independent directors. Each edition highlights key developments and emerging issues, offering practical insights to help industry professionals stay informed and anticipate changes
John Graham submitted comments to the U.S. Department of the Treasury and Internal Revenue Service in response to proposed regulations addressing racial nondiscrimination requirements for private schools under Section 501(c)(3). In his comments, Graham supports the longstanding rule that private schools engaging in racial discrimination do not qualify as charitable organizations under Section 501(c)(3), while urging Treasury and the IRS to clarify that remedial, inclusive race-conscious scholarship and outreach programs designed
Sarah Wellings and Connie Lee will present a Boston Bar Association (BBA) webinar, “Remediation of M&A REIT Targets: ‘To err is human; to forgive, divine,’” on Wednesday, December 9, from 12:00–1:00 p.m. Drawing on their recently updated white paper, Remediation of M&A REIT Targets, co-authored with Ameek Ashok Ponda, Sarah and Connie will discuss practical strategies for identifying, evaluating and remediating REIT qualification issues discovered during due diligence. The program will
Sullivan represented a joint venture managed by The RMR Group in a $272.1 million interest-only mortgage financing secured by two 11-story medical office buildings totaling approximately 330,000 square feet and two parking garages on the Cedars-Sinai Medical Center campus in Los Angeles. Cedars-Sinai and its affiliates occupy approximately 60% of the portfolio’s rentable space. RMR client Diversified Healthcare Trust (Nasdaq: DHC) holds a 20% equity interest in the joint venture, which
Sullivan & Worcester will once again participate in Slush 2026, taking place November 18-19 in Helsinki, Finland. One of the world's leading startup events, Slush brings together entrepreneurs and investors from around the globe, offering a unique opportunity to connect with the Nordic technology community and explore new business opportunities. Representing the firm's Emerging Companies & Venture Capital, Intellectual Property and Mergers & Acquisitions practices, Sullivan's team will include Scott Kaufman, Mike Palmisciano, Michael
Partner Harvey E. Bines was recently featured in a Q&A with citybiz, discussing his legal career and his work as co-author of Investment Management Law and Regulation, a comprehensive legal treatise published by Wolters Kluwer. First published in 1978, the treatise examines the legal and regulatory framework governing investment management and has evolved alongside significant developments in the industry. In the interview, Harvey reflects on the treatise's origins and how it
Partner Geoffrey Wynne will moderate a panel discussion titled "Is Digitalisation Closing the Unfunded Trade Finance Gap, or Making Things Worse?" at Sullivan and Trade Treasury Payments’ (TTP) latest co-hosted Trade and Commodity Finance Breakfast Club, on Tuesday, 1 December, 2026 at The Lansdowne Club in London. Partner Matthew Cox will also participate as a panelist. Trade finance still fails to reach many of the businesses that need it most, particularly
A new law requires New York employers to give their employees access to their own personnel records upon request. This law (New York Labor Law Section 210-b) goes into effect November 8, 2026. What is a personnel record? The law defines a personnel record as a record that identifies an employee “to the extent that the record is used or has been used, or may affect or be used relative to that
Geoffrey Wynne has been quoted in an article for the International Trade and Forfaiting Association (ITFA), written by Clarissa Dann, titled “Financing the Future: From Defence to Critical Raw Materials”, following a panel discussion at ITFA’s 52nd Annual Conference in Split, Croatia where he was a panellist. The article examines the growing demand for finance across critical raw materials, defence and energy transition supply chains and the challenges of attracting capital
Sullivan & Worcester introduces the debut issue of its Funds and Advisers Quarterly Regulatory Update, covering the period from August 1 through October 31, 2026. This new quarterly newsletter provides a concise overview of significant legal, regulatory and enforcement developments affecting registered funds, private funds, investment advisers and independent directors. Each edition highlights key developments and emerging issues, offering practical insights to help industry professionals stay informed and anticipate changes
John Graham submitted comments to the U.S. Department of the Treasury and Internal Revenue Service in response to proposed regulations addressing racial nondiscrimination requirements for private schools under Section 501(c)(3). In his comments, Graham supports the longstanding rule that private schools engaging in racial discrimination do not qualify as charitable organizations under Section 501(c)(3), while urging Treasury and the IRS to clarify that remedial, inclusive race-conscious scholarship and outreach programs designed
Sarah Wellings and Connie Lee will present a Boston Bar Association (BBA) webinar, “Remediation of M&A REIT Targets: ‘To err is human; to forgive, divine,’” on Wednesday, December 9, from 12:00–1:00 p.m. Drawing on their recently updated white paper, Remediation of M&A REIT Targets, co-authored with Ameek Ashok Ponda, Sarah and Connie will discuss practical strategies for identifying, evaluating and remediating REIT qualification issues discovered during due diligence. The program will
Sullivan represented a joint venture managed by The RMR Group in a $272.1 million interest-only mortgage financing secured by two 11-story medical office buildings totaling approximately 330,000 square feet and two parking garages on the Cedars-Sinai Medical Center campus in Los Angeles. Cedars-Sinai and its affiliates occupy approximately 60% of the portfolio’s rentable space. RMR client Diversified Healthcare Trust (Nasdaq: DHC) holds a 20% equity interest in the joint venture, which
Sullivan & Worcester will once again participate in Slush 2026, taking place November 18-19 in Helsinki, Finland. One of the world's leading startup events, Slush brings together entrepreneurs and investors from around the globe, offering a unique opportunity to connect with the Nordic technology community and explore new business opportunities. Representing the firm's Emerging Companies & Venture Capital, Intellectual Property and Mergers & Acquisitions practices, Sullivan's team will include Scott Kaufman, Mike Palmisciano, Michael
