• Law School in the West Indies

    When I decided I wanted to work in the British Caribbean, either as a lawyer or in the financial services industry, I realized I had to go back to school. In order to be “called to the bar” in the region, a graduate of a US law school has to complete a six month course in British Caribbean law at one of the three schools accredited by the Council of Legal Education. I chose to attend Eugene Dupuch Law School, in Nassau, Bahamas, the newest and smallest of the three schools. My decision was based on the fact that I love the Bahamas and its people–among the warmest and happiest in the world—and it gave me the opportunity to make weekend visits to the Exumas.
    After almost 30 years after getting my J.D., it took some adjusting to be back in school. And it was quite different from NYU, a private law school in New York’s Greenwich Village. Students at Eugene Dupuch are required to dress professionally every day for class. That means suit and tie for men—even in the 90+ degree weather. Class attendance is mandatory. Attendance is taken. Bahamians are a believing people. I was pleasantly stunned when at the opening ceremony for the school year, Deputy Prime Minister “Brave” Davis quoted extensively from the Bible, and our opening luncheon was preceded by an invocation.
    I definitely stood out. I was the only white student and the only person not from the Bahamas or other areas of the West Indies. The Bahamas is a small country. Everyone knows everyone else. I did not know anyone prior to my arrival, but I was warmly welcomed and I have good memories of the interactions with fellow students and faculty. I met many ambitious and highly intelligent people.
    Last week I received official confirmation that I had successfully completed the programme and presently would receive my Legal Education Certificate. I want to publicly thank the administration, faculty and students at Eugene Dupuch for an unforgettable experience.

  • Jehu Hand – Public Offerings Expert

    As counsel to the issuer and/or underwriter in over 100 public offerings Jehu Hand has a plethora of experience. He was the counsel on the initial public offering or 1934 Act registration of the following notable public companies, among others: Compressco, Inc., Tech Team Global, Inc., AlCis Health, Inc., IGIA, Inc., Arkona, Inc., Winner Medical Group, Inc., Smith & Wesson Holding Corp., Flexpoint Sensor Systems, Inc., Alpine Air Express, Inc., Aradyme Corporation, and Rockport Healthcare Group, Inc.

    A public offering is the offering of securities for sale to the general public. This is the route that most successful startups take. An IPO is the first time that a securities offer is made to the general public. The 1934 Securities Exchange Act which in part required that any securities listed on a stock exchanges be registered.

    Jehu Hand has extensive experience in both of these vital pieces to becoming an independently traded company. With Jehu Hands additional experience in foreign securities training along with his additional training outside the United States focusing on international securities, you cannot find someone with more experience than Jehu Hand.

    Please be sure to contact Jehu Hand with any needs you have when taking your company public.

  • Ownership of Securities and You

    Jehu Hand has become an expert in Article 8 of The United States Uniform Commercial Code (U.C.C). The U.C.C. provides the legal framework for sales, secured lending, letters of credit, banking, and other commercial transactions throughout the United States since its adoption in 1952. Some provisions of the U.C.C. are known to nearly all business lawyers; other sections are esoteric. One of the least understood provisions of the U.C.C is Article 8. Article 8 is specifically written and used in regards to securities and the ownership of securities. Jehu Hand has been an expert in Article 8 for many years. A key provision of Article 8 is that a security once issued cannot be cancelled execpt by the owner of record. The company cannot cancel the certificate nor impose a stop transfer without legal liability. Just as the government cannot “cancel” that $20 bill in your pocket, just because it has an issue with you, share certificates are fully negotiable and non-cancelable once issued. If you are a shareholder and a company has placed a stop transfer on your shares or tried to “cancel” your shares, contact Jehu Hand right away to know your rights under the law.

    Jehu Hand has been counsel on a number of cases dealing with Article 8 including: Duluth Venture Capital Partners, LLC c. CleanTech Biofuels, et. Al and Filiatreaux v. Duoyuan Printing Inc. Through the and other litigation, Jehu Hand has developed an expertise in this little known, but critical, area of law.

    One of the interesting ways to think of Article 8 is to think of it in the current context regarding Bitcoins. Some are arguing that Bitcoins may be recognized by the U.C.C as a form of securities. If they are then Article 8 may be able to save the Bitcoin.