"Crowdfunding in Georgia: Traps for the Unwary Through the Invest Georgia Exemption," The Georgia Bar Journal
The Georgia Bar Journal published Jonathan Wilson and Emily Horn’s article, “Crowdfunding in Georgia: Traps for the Unwary Through the Invest Georgia Exemption,” in its December 2013 issue. In the article, Mr. Wilson and Ms. Horn suggest that Georgia is on the cutting edge of the most innovative concepts in securities law. With crowdfunding representing a potential revolution in the market for capital for small businesses and new business start-ups, and the Invest Georgia Exemption (IGE) allowing solicitations to buy unregistered securities to Georgia residents, the process doesn’t come without traps that entrepreneurs must seek to avoid when structuring a sale of securities under IGE. Mr. Wilson and Ms. Horn examine the areas in which entrepreneurs must be wary and consult counsel to avoid litigation.