News & Publications

SWA advises Green Smoke Inc on Tax and Employee Benefits Issues for their Sale to Altria

SWA advised Green Smoke Inc. and its affiliates on the executive compensation, employee benefits  and tax aspects of the sale of their E-vapor business to Nu Mark LLC , a subsidiary of Altria (NYSE:MO) for approximately $110 million in cash, subject to closing adjustments, and up to $20 million in incentive payments. Green Smoke was founded in 2008 and...

SWA advises LionBird on the formation and successful fund-raising of LionBird I, L.P.

SWA advised on the formation and successful fund-raising of LionBird I, L.P., an Israel-based early-stage investment fund focusing on promising startups utilizing technology that brings online tools to meaningfully improve traditional offline industries. The fund disclosed that it expects to partner with 20-25 startups, making initial investments ranging...

Schwell Wimpfheimer & Associates hires Richard Levitan as Of Counsel

SWA is delighted to welcome Richard Levitan to the firm as Of Counsel in the corporate and real estate practice groups.  He previously spent eight years as General Counsel of Asbury Partners, LLC, an iStar Financial (NYSE: STAR), and prior to that he was Assistant General Counsel, Corporate and Real Estate at International Specialty Products, Inc.  During...

Jonathan Wachtel named 2014 BTI Client Service All-Star

SWA is proud to announce that Jonathan Wachtel,a member of the firm’s Commercial Transactions practice group, has been named a BTI Client Service All-Star for 2014 by The BTI Consulting Group (Wellesley, MA). The 2014 BTI Client Service All Stars are an elite group of 330 attorneys who set themselves apart by delivering superior client service in an increasingly...

SWA advises Top Image Systems on their US public offering

SWA advised Top Image System, Ltd. (NASDAQ:TISA), in a US public offering  of $15 million underwritten by Canaccord Genuity, Roth Capital Partners and The Benchmark Company.  The deal was priced at $4.75 and the underwriters exercised the overallotment option in full. Top Image is a leading provider of enterprise content management software and mobile...

NASDAQ Amends Its Compensation Committee Independence Rules

NASDAQ recently amended its rules related to compensation committee independence to more parallel their corresponding NYSE compensation committee rules. The amendments follow significant critique of the rules initially adopted by NASDAQ in response to SEC Rule 10C-1 (adopted under the Dodd-Frank Wall Street Reform and Consumer Protection Act), requiring...