Richard J. Busis

Of Counsel

Philadelphia

(215) 665-2756

(215) 701-2456

Richard heads the firm’s Securities Practice. Richard counsels a diverse group of public and private companies, ranging from startup companies seeking venture capital to NASDAQ and NYSE-listed companies, in a wide variety of corporate and securities transactions.

Richard’s practice has a particular emphasis on securities offerings and mergers and acquisitions, including providing counsel to boards of directors on their fiduciary duties with respect to such transactions. In his securities practice, he represents both companies seeking to raise capital, as well as underwriters, placement agents, and venture funds. He also devotes a significant portion of his practice to representing high-tech, internet, and other emerging growth companies in venture and other capital raising transactions, joint ventures, and strategic alliances, as well as licensing and technology development arrangements. Richard has significant experience in investments involving Israeli companies.

Richard is president of Temple Beth Hillel-Beth El and the vice chairman of the board of the Beck Institute for Cognitive Therapy and Research.

Richard received his B.A. from the University of Pennsylvania, summa cum laude, in 1975, his M.A. in ancient near eastern history from the University of Pennsylvania in 1980, and his law degree from the Harvard Law School, cum laude, in 1984. He was an editor of the Harvard Law Review and is a member of Phi Beta Kappa. 

Experience

News

More Than 205 Cozen O’Connor Attorneys Named Best Lawyers and Ones to Watch By The Best Lawyers In America

August 19, 2021

Best Lawyers selected 210 Cozen O’Connor lawyers from 23 of the firm’s nationwide offices for inclusion in the 2022 edition of The Best Lawyers in America.

82 Cozen O’Connor Lawyers, 19 Practices Earn Top Recognition in Chambers USA 2021 Guide

May 26, 2021

Chambers USA, the leading annual guide to the top lawyers and law firms in the United States, has ranked 82 Cozen O’Connor lawyers as leaders in their respective fields in the guide’s 2021 edition; of those, 15 lawyers have been recognized nationally.

More Than 200 Cozen O’Connor Attorneys Named Best Lawyers and Ones to Watch By The Best Lawyers In America

August 20, 2020

Best Lawyers selected 201 Cozen O’Connor lawyers from 23 of the firm’s nationwide offices for inclusion in the 2021 edition of The Best Lawyers in America© (Copyright 2020 by Woodward/White, Inc., of Aiken, SC).

63 Cozen O’Connor Lawyers, 16 Practices Earn Top Recognition in Chambers USA 2020 Guide

May 14, 2020

Chambers USA, the leading annual guide to the top lawyers and law firms in the United States, has ranked 63 Cozen O’Connor lawyers as leaders in their respective fields in the guide’s 2020 edition.

57 Cozen O’Connor Lawyers, 16 Practices Earn Top Recognition in Chambers USA 2019 Guide

April 25, 2019

Chambers USA, the leading annual guide to the top lawyers and law firms in the USA, has ranked 57 Cozen O’Connor lawyers as leaders in their respective fields in the Guide’s 2019 edition.

Cozen O’Connor Advises Utz Quality Foods, LLC in its Acquisition of Inventure Foods, Inc.

February 14, 2018

Cozen O’Connor represented Utz Quality Foods, LLC in its acquisition of Inventure Foods, Inc. for approximately $165 million.

Cozen O’Connor Earns Client Recognition in 2017 Chambers USA Rankings

May 26, 2017

Chambers USA recognized 47 Cozen O’Connor lawyers as leaders in their respective fields; 14 attorneys were recognized nationally and 11 were ranked in the top band.

Cozen O’Connor Attorneys Named Pennsylvania Super Lawyers By Law & Politics

May 29, 2008

Cozen O’Connor is proud to announce that 42 attorneys from the firm’s Philadelphia and West Conshohocken offices have been named 2008 Pennsylvania Super Lawyers by Law & Politics, and will appear in the June 2008 issues of Philadelphia magazine and Pennsylvania Super Lawyers.

Publications

SEC Adopts Amendments to MD&A and other Financial Disclosures [Alert]

November 24, 2020

Kathy Jaffari and Richard Busis discuss the SEC's amendments to Regulation S-K in an effort to modernize, simplify, and enhance certain financial disclosures.

SEC Votes to Harmonize and Improve “Patchwork” Exempt Offering Framework [Alert]

November 05, 2020

Anne Madonia and Richard Busis discuss a series of amendments aimed at making the capital-raising process more “effective and efficient” by addressing “gaps and complexities” in the exempt offering framework that have created problems for issuers seeking to gain access to capital and investors looking to participate in investment opportunities.

SEC Expands the Definition of Accredited Investor [Alert]

August 28, 2020

Anne Madonia, Germain DeMartinis, and Richard Busis discuss recent updates to the definition of accredited investor made by the SEC to allow individuals to invest in unregistered private securities offerings based on certain professional certifications or designations or other credentials, rather than based on their wealth or income, as well as to expand the list of entities that will qualify as accredited investors.

SEC Issues Final Rules Regarding Proxy Solicitations [Alert]

July 24, 2020

Kathy Jaffari, Richard Busis, and Greg Patton discuss the SEC's amendments to increase transparency and accountability between Main Street investors, investment advisers, and organizations that provide proxy voting advice.

Rollback of SEC Regulations Promulgated Under Dodd-Frank Has Begun [Securities Alert]

February 15, 2017

Ellen Grady and Richard Busis discuss the uncoordinated actions of the Trump administration that has begun the dismantling of Securities and Exchange Commission (SEC) regulations promulgated under The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010.

Events & Seminars

Past Events

SEC Hot Topics Institute

September 21, 2011 - Philadelphia, PA

Education

  • Harvard Law School, J.D., cum laude, 1984
  • University of Pennsylvania, M.A., 1980
  • University of Pennsylvania, B.A., summa cum laude, 1975

Awards & Honors

Chambers & Partners USA, 2006-2021

Pennsylvania Super Lawyers 2004, 2006, 2008

Best Lawyers in America 2021-2022

  • Florida
  • Pennsylvania
  • Pennsylvania Supreme Court
  • U.S. Court of Appeals for the Third Circuit
  • Alexandria Bar Association
  • Florida Bar Association
  • International Bar Association
  • Pennsylvania Bar Association
  • Philadelphia Bar Association