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Community Work Services and Fedcap combine

Wayne, Richard & Hurwitz LLP  represented Boston non-profit entity Community Work Services (CWS) in its recent agreement to combine with Fedcap, a larger non-profit headquartered in New York. Boston’s Community Work Services will continue their 136-year mission of helping people to transform their lives through employment.

Fedcap in turn is one of the largest workforce development agencies in the country and helps more than 25,000 Americans find and keep meaningful employment each
year. To learn more about Fedcap, please visit http://www.fedcap.org/.

The combination was approved by the CWS Board of Directors, and concludes a five-year sustainability strategy that included exploration with other national and Massachusetts area not-for-profits. The decision to combine with Fedcap was based on a shared mission to create opportunities which help people with barriers achieve greater self-sufficiency.

CWS will continue to operate independently under its current management team and CWS will become the hub for Fedcap operations in New England. Serena M. Powell will continue as the Executive Director of CWS and assume the role of Senior Vice President of New England for Fedcap.

WRH partners Bob Hurwitz and Howard Wayne are both past Presidents of CWS.

Gene Richard Chairs Panel on Delaware vs. Massachusetts Corporations and LLCs

Gene Richard recently chaired a panel of attorneys for Massachusetts Continuing Legal Education (MCLE) on the subject of Delaware vs. Massachusetts LLCs & Corporations. The presentation took place on Friday, September 21, 2012. The panel also included Joshua M. Bowman of Sherin and Lodgen LLP, Andrew S. Hochberg of Tamkin & Hochberg LLP, and Richard Heller, Senior Vice President and General Counsel of Legal Sea Foods LLC.

Speaking to an audience and broadcast live on the Web, the panel explored various differences between corporations and LLCs organized in Massachusetts and Delaware, focusing on two fundamental questions commonly raised by business clients in Massachusetts: 1) should their business be organized in Massachusetts or Delaware, and 2) should their business be operated as a corporation or an LLC? The panel discussed practical advice on how to guide clients, from the formation of their business entities, to dealing with director and shareholder matters, to the use of LLCs in conjunction with estate planning. The presentation concluded with a live “View from the Client Side” Q&A, in which Mr. Heller explained issues involved in Legal Sea Foods evolution from a Massachusetts corporation, to a Delaware corporation, to its recent conversion into a Delaware LLC.

More information about the seminar can be found by clicking here.