Richard E. Honen, Phillips Lytle Partner, Office Leader

Richard E. Honen

Partner, Office Leader
Albany, Canada
(518) 618-1225
rhonen@phillipslytle.com
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Mr. Honen is leader of the Venture Capital Practice Team and is the Partner in Charge of the firm’s Albany office. He focuses his practice in corporate, finance and venture capital law, as well as complex commercial litigation. Mr. Honen provides corporate counsel to a broad spectrum of companies from start-up to Fortune 50 and has lectured extensively, particularly on topics of corporate law, venture capital and angel investing. He also represents companies in complex commercial litigation matters. Mr. Honen has served as an adjunct professor at Union Graduate College (now Clarkson University), where he taught Business Law to MBA candidates, and has guest lectured at Albany Law School of Union University, Rensselaer Polytechnic Institute, the University at Albany, Ithaca College and Johnson School of Management at Cornell University. He is also acknowledged to be one of the early practitioners of nanotechnology law in Upstate New York, as reported in a March 2003 article in the New York Law Journal.

Mr. Honen was an Editorial Board Member and a chapter editor of “White’s New York Business Entities” (LexisNexis Matthew Bender), a leading treatise on New York corporate law. He is a former General Editor for the LexisNexis Practice Insights (LexisNexis Online) and has written many articles on business and corporate issues for local publications. He also authored the chapter on “Legal Issues Affecting Private Equity and Venture Backed Companies” in Representing Private Equity and Venture Capital Backed Portfolio Companies (Aspatore/Thomson Reuters 2010).

Mr. Honen has lectured extensively, particularly on topics of corporate law, venture capital and angel investing. He has also served as a judge and mentor in business plan events in New York and Canada, including those at 43 North, Rensselaer Polytechnic Institute, The College of Nanoscale Science and Engineering, and Communitech. Mr. Honen has testified before a Joint Session of the New York State Legislature on behalf of Universities of Upstate New York Venture Forum (UNYTECH) in support of a proposed $25,000,000 seed stage fund for university-based start-ups. This grew out of his testimony before Governor David Paterson’s Task Force on Diversifying The New York State Economy Through Industry-Higher Education Partnerships on the need for a state-sponsored seed investment fund. Mr. Honen has spoken as a panelist at the annual meetings of the Licensing Executives Society (LES) discussing “Large Company-Small Company Collaborations,” the National Small Business Innovation Research/Small Business Technology Transfer (SBIR/STTR) Conference discussing venture investing, the Vermont Investors’ Forum, and the American Ceramics Society.

Admitted to Practice

  • New York
  • U.S. District Court, Northern District of New York
  • U.S. Court of Appeals, Second Circuit
  • U.S. Tax Court
  • Ontario, Canada - Foreign Legal Consultant

Honors & Awards

  • Listed in The Best Lawyers in America©
    • Named the Best Lawyers® Corporate Law “Lawyer of the Year” in Albany, 2019
  • Selected for the Upstate New York Super Lawyers® list, 2007-2009
  • Jeffrey A. Lawrence Lifetime Contributor Award Recipient, Center for Economic Growth, 2016
  • Magical Mentor Award, 2017 Upstate Venture Ecosystem Awards

Education

  • Albany Law School of Union University, J.D., 1985
  • State University of New York at Albany, B.A., 1982

Professional Associations

  • New York State Bar Association
  • Upstate Venture Association of New York, Inc.

Articles

  • Author, “5 Questions To Ask Your Startup Attorney,” 43North, August 2014
  • Chapter Author, “Legal Issues Affecting Private Equity and Venture Backed Companies,” 2010 Inside The Minds® Series, Representing Private Equity and Venture Capital Backed Portfolio Companies (Aspatore/Thomson Reuters), December 2010
  • Contributing Author, Legal Handbook for Early Stage Business, Albany Law School, The Center for Law & Innovation, October 2009
  • Author, “Building Angel Networks in New York State,” Guest Column, New Jobs New York, July 2006
  • Editorial Board Member, “White, New York Corporations,” (LexisNexis Matthew Bender), 2006
  • Editor, “Judicial Dissolution,” Chapter 11 of “White New York Corporations,” (LexisNexis Matthew Bender), 2006
  • Co-Author, “From Concept to Commercialization: Practical Insights on the Intersection Between Intellectual Property and Corporate Law,” Bright Ideas (a publication of the Intellectual Property Law Section of the New York State Bar Association), Fall 2003
  • Author, “Lawyers Must Understand How to Close, Not Kill, A Deal,” Albany Business Review, August 2003
  • Author, “New Law Will Raise The Bar On Bankruptcy,” Albany Business Review, April 2001
  • Author, “Venture Capital Investing in Emerging Growth Regions,” Capital Growth Interactive Venture Guide, April 2001
  • Co-Author, “Bank’s Counsel Works Just To Protect The Bank’s Interest,” Albany Business Review, May 2000
  • Co-Author, “Company Must Know How To Protect Its Intellectual Property,” Albany Business Review, December 1999
  • Co-Author, “Recent Law Allows for Historic District Tax Breaks,” Albany Business Review, June 1998
  • Author, “Non-Competes Help Protect Firm’s Information,” Albany Business Review, June 1997

Present Activities

  • Innovate 518, Capital Region Innovation Hot Spot Advisory Committee, Member
  • WAMC radio, Affiliate on Technology and Venture Capital
  • Questar III New Visions Program, Rensselaer Polytechnic Institute, Guest Speaker
  • The Center for Economic Growth, Former General Counsel, Executive Committee Member, and Director
  • Albany-Colonie Regional Chamber of Commerce, Former Board Member

Past Activities

  • FuzeHub, Inc., Manufacturing Innovation Fund Selection Panel, Chair
  • IgniteU NY Summer Accelerator, Office Hours, June 2017
  • RPI Business Model Competition, Judge, April 2017
  • Union Graduate College (now Clarkson University), Legal Aspects of Business, Adjunct Professor, Fall 2015