Cozen O’Connor: Busis, Richard J.

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

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.

Potato Chip Giant Utz Quality Foods To Buy Golden Enterprises for $135M

July 21, 2016

Cozen O’Connor attorneys represent Pennsylvania-based Utz Quality Foods Inc. in its recently announced $135 million acquisition of Golden Enterprises Inc.

Cozen O’Connor Earns Client Recognition in 2016 Chambers USA Rankings

May 27, 2016

Chambers USA recognized 41 Cozen O’Connor lawyers as leaders in their respective fields; 12 attorneys were recognized nationally and 11 were ranked in the top band.

Cozen O’Connor Earns Client Recognition in 2015 Chambers USA Rankings

July 06, 2015

Chambers USA recognized 37 Cozen O’Connor lawyers as leaders in their respective fields; 12 attorneys were recognized nationally and 10 were ranked in the top band.

Cozen O’Connor Earns Client Recognition in 2014 Chambers USA Rankings

May 30, 2014

Chambers USA recognized 29 Cozen O’Connor lawyers as leaders in their respective fields; six attorneys were recognized nationally and eight were ranked in the top band. Stanley Sher was named a “Senior Statesman” in the “Transportation: Shipping: Regulatory (outside New York)” industry, for the pivotal role Sher plays in the firm’s continued success in the transportation industry.

Cozen O’Connor Earns Client Recognition in 2013 Chambers USA Rankings

May 26, 2013

PHILADELPHIA – May 26, 2013 – Chambers USA has recognized 29 Cozen O’Connor lawyers as leaders in their fields; five attorneys were recognized nationally and five were ranked in the top band.

Cozen O’Connor Earns Client Recognition in 2012 Chambers USA Rankings

June 11, 2012

Chambers USA has recognized 28 Cozen O’Connor lawyers as leaders in their fields; five attorneys were recognized nationally and three were ranked in the top band.

Cozen O’Connor Earns Client Recognition in 2011 Chambers USA Rankings

June 16, 2011

Chambers USA has recognized 27 Cozen O’Connor lawyers as leaders in their fields.

Cozen O’Connor Earns Client Recognition in 2010 Chambers USA Rankings

June 18, 2010

Chambers USA has recognized 18 Cozen O’Connor lawyers as leaders in their fields. The annual rankings are based on client and peer references, as well as information gathered from Chambers’ own independent research. Given both nationally and regionally, the rankings are based on qualities including technical legal ability, professional conduct, and client service.

Cozen O’Connor Launches Capital Markets Group Multidisciplinary Team Serves Expanding, Global Capital Markets’ Client Base

July 07, 2009

Cozen O’Connor Launches Capital Markets Group Multidisciplinary Team Serves Expanding, Global Capital Markets’ Client Base

Cozen O'Connor and Select Firm Attorneys Recognized by Chambers USA 2008

June 26, 2008

Cozen O'Connor and Select Firm Attorneys Recognized by Chambers USA 2008

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

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.

Crowdfunding: SEC Publishes C&DIs and Small Entity Issuer Compliance Guide [Corporate/Securities Alert]

May 17, 2016

Ellen Canan Grady and Richard J. Busis discuss the SEC's Compliance and Disclosure Interpretations (C&DIs), which provide interpretive guidance on Regulation Crowdfunding.

Securities Law and Corporate Governance Developments: A Look Back at 2015 and a Preview of 2016 [Corporate/Securities Alert]

January 19, 2016

Ellen Canan Grady provides a brief description of the most important initiatives in securities law and corporate governance during 2015, and provides links to the related Cozen O’Connor client Alerts.

SEC Adopts “Regulation Crowdfunding” [Corporate/Securities Alert]

November 09, 2015

“Regulation Crowdfunding,” which was approved by a three to one vote of the Commissioners, sets forth rules under which small businesses and startups can raise equity or debt in a crowdfunded securities offering conducted through a funding portal using the Internet.

SEC Proposes Amendments to Rule 147 and Rule 504 [Corporate/Securities Alert]

November 09, 2015

The proposed amendments to Rule 147 are designed to facilitate capital formation and, in part, to assist issuers seeking to raise capital under state intrastate crowdfunding rules. The proposed amendments to Rule 504 under Regulation D increase the amount of securities that may be sold in any 12-month period to $5 million and add certain “bad actor” disqualification provisions.

SEC Adopts CEO Pay Ratio Regulation, Implementing Dodd-Frank Mandated Disclosure [Corporate/Securities Alert]

August 10, 2015

The final CEO pay ratio rule amends Item 402 of Regulation S-K, and requires public companies to disclose (1) the median annual total compensation of all employees of the issuer (other than the CEO), (2) the annual total compensation of the CEO of the issuer, and (3) the ratio of those two amounts.

SEC Proposes Clawback Rules for Listed Companies [Corporate/Securities Alert]

July 08, 2015

The proposed rules would direct the exchanges to develop listing standards requiring listed companies to implement a policy to recover from executive officers, in the event of an accounting restatement, incentive-based compensation that would not have been paid under the restated financial statements.

SEC Proposes Concept Release On Audit Committee Disclosure Requirements [Corporate/Securities Alert]

July 06, 2015

The SEC is seeking comments on whether the SEC’s current rules governing disclosure of audit committee activities permit investors to understand and evaluate audit committee performance.

Fall 2006 [Business Law Observer]

November 06, 2006

Fall 2006 - Business Law Observer -

Issues in Mergers and Acquisitions [Preparing Your Business for Sale]

June 21, 2006

Issues in Mergers and Acquisitions - Preparing Your Business for Sale -

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 2006-2019

Pennsylvania Super Lawyers 2004, 2006, 2008

  • 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