On September 15, 2022, the Wall Street Journal reported Securities and Exchange Commission (SEC) Chairman Gary Gensler told reporters after a Congressional hearing that digital assets and the intermediaries dealing in such assets that allow for staking may shift the “efforts of others” analysis under the Howey test. If so, they would be re-categorized as securities. “From the coin’s perspective […] that’s another indicia that under the Howey test, the investing public is anticipating profits based on the efforts of others,” Mr...
Since our establishment in Cincinnati, Ohio in 1908, Dinsmore & Shohl LLP has provided quality legal counsel to our clients enabling them to accomplish more. In recent years, our practice has grown into a national firm that services clients from coast-to-coast, as well as internationally. Today's full-service practice, with more than 650 attorneys, continues the standards established by our founding partners over a decade ago, which are efficient, cost-effective and comprehensive solutions for clients.
Our firm's commitment to quality service extends from our highly-skilled attorneys to our experienced professional staff. By establishing relationships based on trust, communication and responsiveness, we tailor our service to ensure our clients' current needs are met while also anticipating future ones.
Areas of Practice
Deadline Extended for Federal Contractors to File Objections to the Government's Disclosure of their Demographic Data
On August 19, 2022, the Office of Federal Contract Compliance Programs (“OFCCP”) published that it had received a Freedom of Information Act (“FOIA”) request from a journalist with the Center for Investigative Reporting. The request sought the disclosure of EEO-1 Type 2 Consolidated Report data filed annually by prime federal government contractors and first tier sub-contractors (“covered contractors”). The Type 2 report is one of the reports that multiple-establishment covered contractors must file annually which consists of demographic data for all U.S. based employees categorized by race, ethnicity, gender, and job category...
Dinsmore partners Andrey Tomkiw and James Reid have been selected as 2022 Top Lawyers in Metro Detroit by dBusiness Magazine. Reid splits his time between the firm’s Troy and Ann Arbor offices and is among the state’s best-known and most accomplished young attorneys. He counsels business owners, serial entrepreneurs, C-suite executives, in-house counsel, and human resources directors to make strategic business decisions. He is also a renowned keynote and national speaker at conferences and events, including the American Payroll Association, SHRM, and HR Day...
Dinsmore mergers and acquisitions attorneys in Detroit were happy to represent Alta Equipment Group, Inc. (NYSE: ALTG) and its subsidiaries in its acquisition of Yale Industrial Trucks, Inc (“YIT”) and accompanying amendments to Alta’s credit facilities (including the establishment of a new $35 million Canadian denominated sublimit). Alta sells, rents and provides parts and service for specialized equipment including lift trucks, integrated material handling systems, earth moving and other construction equipment making the company one of the largest equipment dealership platforms in the country. YIT is a lift truck dealer with five locations in Canada...