Firm News
Howard Godnick Receives Award of Courage
May 10, 2012
SRZ litigation partner Howard O. Godnick received the Award of Courage from a non-profit organization dedicated to raising funds to support Memorial Sloan-Kettering Cancer Center. Howard's friend and personal role model, the actor Michael J. Fox, introduced him at the awards ceremony held in New York on May 10, 2012. Howard was honored with the award for his perseverance in overcoming a series of serious medical challenges, any one of which would have been a reason to give up. At age 35, Howard was diagnosed with heart disease and underwent quadruple bypass surgery, despite being in seemingly good health with the stamina to have run four New York City Marathons — each in under four hours. Ten years later he suffered a heart attack and needed a "life flight" to the nearest hospital. In 2009, Howard was stricken with anterior ischemic optic neuropathy in his left eye, a rare neurological condition that left him with impaired vision in one eye. In 2010, the same condition struck his right eye, leaving Howard visually impaired with an extraordinary sensitivity to light that has been likened to having two flashlights shone directly into one's eyes, all the time. "I don't know what challenges tomorrow holds for me, but I do know that whatever they are, they aren’t bigger, better, or badder than I am," Howard said in his acceptance speech. "I didn’t die. I will live."
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The US Securities and Exchange Commission (“SEC”) and the Commodity Futures Trading Commission (“CFTC”) have overhauled Form PF and private fund managers have until March 12, 2025, to begin reporting on the new Form. The changes to the reporting requirements mandated by the amendments to the Form (“Form PF Amendments”) will require substantial preparation by many managers.[1]
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On March 1, 2024, New York Governor Kathy Hochul signed into law an amended version of the New York LLC Transparency Act (“NYLTA”),[1] requiring certain limited liability companies (“LLCs”) formed or authorized to do business in New York (each, a “NY Reporting Company”) to file a beneficial ownership information (“BOI”) report with the NY Department of State (“NY DOS”). Each NY Reporting Company will be required to disclose on its BOI report identifying information pertaining to each individual who directly or indirectly exercises substantial control or owns or controls 25 percent or more of the ownership interests of a NY Reporting Company (each, a “Beneficial Owner”) and the individuals involved in the NY Reporting Company’s formation or registration to do business in New York (each, an “Applicant”). Information reported to NY DOS will be maintained in a private database not accessible to the public. The NYLTA goes into effect on Jan. 1, 2026 and requires the NY DOS to promulgate regulations implementing the legislation.
Alerts
The US Securities and Exchange Commission (“SEC”) and the Commodity Futures Trading Commission (“CFTC”) have overhauled Form PF and private fund managers have until March 12, 2025, to begin reporting on the new Form. The changes to the reporting requirements mandated by the amendments to the Form (“Form PF Amendments”) will require substantial preparation by many managers.[1]
Alerts
On March 1, 2024, New York Governor Kathy Hochul signed into law an amended version of the New York LLC Transparency Act (“NYLTA”),[1] requiring certain limited liability companies (“LLCs”) formed or authorized to do business in New York (each, a “NY Reporting Company”) to file a beneficial ownership information (“BOI”) report with the NY Department of State (“NY DOS”). Each NY Reporting Company will be required to disclose on its BOI report identifying information pertaining to each individual who directly or indirectly exercises substantial control or owns or controls 25 percent or more of the ownership interests of a NY Reporting Company (each, a “Beneficial Owner”) and the individuals involved in the NY Reporting Company’s formation or registration to do business in New York (each, an “Applicant”). Information reported to NY DOS will be maintained in a private database not accessible to the public. The NYLTA goes into effect on Jan. 1, 2026 and requires the NY DOS to promulgate regulations implementing the legislation.
Alerts
The US Securities and Exchange Commission (“SEC”) and the Commodity Futures Trading Commission (“CFTC”) have overhauled Form PF and private fund managers have until March 12, 2025, to begin reporting on the new Form. The changes to the reporting requirements mandated by the amendments to the Form (“Form PF Amendments”) will require substantial preparation by many managers.[1]