Foster, Swift, Collins & Smith, P.C.Associate

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About David S Nows

David S Nows is a lawyer practicing organization & planning, & divestitures, acquisitions and 17 other areas of law. David received a B.A. degree from University of Michigan in 2013, and has been licensed for 10 years. David practices at Foster, Swift, Collins & Smith, P.C. in Lansing, MI.

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Services

Areas of Law

  • Contracts
  • Employee Benefits
  • Securities
  • Sports Law
  • Taxation
  • Other 15
    • Organization & Planning
    • & Divestitures
    • Acquisitions
    • Business & Corporate
    • Business Contracts
    • Business Purchase & Sale
    • Entity Selection
    • Federal Taxation
    • General Counsel
    • Immigration & Naturalization
    • Mergers
    • Michigan Tax
    • Nonprofit & Tax-Exempt Org
    • Startup Entrepreneurial Emerging Development
    • Tax

Practice Details

  • Firm Information
    Position
    Associate
    Firm Name
    Foster, Swift, Collins & Smith, P.C.
  • Representative Cases & Transactions
    Cases
    Representative Matters: Provided advice
    revised client materials in light of the Department of Labor Fiduciary Rule as applied to investment advisor advice to retirement investors with respect to: (1) annuity contracts
    (2) the Best Interest Contract requirement
    (3) the Level Fee Exemption
    (4) Trusts
    IRAs
    (5) Self-Directed IRAs
    (6) participant level fee disclosure
    (7) trail commissions
    (8) the sophisticated party exemption

    (9) governmental plans
    Provided advice to international entrepreneurs on entity formation, visa issues,
    the acquisition of real estate for their start-up venture
    Advised
    counseled client on asset purchase of restaurant equipment for the operation of its restaurant
    Drafted stock redemption documents for a transaction between a selling shareholder
    a corporation
    Drafted Executive Compensation Plan for high-level employees of a client
    Advised client on Michigan Uniform Unclaimed Property Act as it applies to unclaimed stock proceeds held by a corporation
    Advised client wishing to create a deferred compensation plan for employees, providing those employees both short-term
    long-term financial incentives
    Drafted a Summary Plan Document for a multi-employer medical plan covering employees across multiple states
    Advised client on state licensing requirements for engineers working on Federal contracts
    Reviewed commercial leases for restaurant space
    commercial office space
    Revised a transfer agent's forms
    procedures with respect to book entry shares of publicly-traded stock
    Drafted employment agreement for physician's practice employing physicians as employees
    Provided advice on MPPAA rules regarding the interest rates imposed on employers withdrawing from an Employee Benefit Plan
    Advised client on international tax considerations for a foreign employee with an expiring H1-B visa, who will continue working for the Company from abroad while seeking another visa
    Provided advice on U.S. tax equalization payments
    their effect on taxable income
    Provided advice to an out of state entity on voluntary disclosures under Michigan tax law

Experience

  • Bar Admission & Memberships
    Admissions
    2016, Michigan
    Memberships

    Affiliations

    Memberships & Affiliations

    Legal Affiliations:

    •State Bar of Michigan
    •American Bar Association

    Community Affiliations:

    •Highfields, Board of Directors
    •Central Michigan University New Venture Competition, Mentor and Advisor

  • Education & Certifications
    Law School
    University of Pennsylvania Law School
    Class of 2016
    J.D.
    Other Education
    University of Michigan
    Class of 2013
    B.A.
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