Richard E. Honen

Partner
Albany; Canada
(518) 618-1225
rhonen@phillipslytle.com
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Mr. Honen is the Venture Capital & Technology Practice Team Leader. He focuses his practice in corporate, finance and venture capital law, as well as complex mergers and acquisitions and 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 entrepreneurship.

Mr. Honen has guest lectured at the Johnson School of Management at Cornell University, Albany Law School of Union University, Rensselaer Polytechnic Institute, the University at Albany, Ithaca College and Siena College, and has served as an adjunct professor at Union Graduate College (now Clarkson University).

Mr. Honen 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) and 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.

Mr. Honen has served as a judge and mentor in numerous business plan events throughout New York State, including the New York Business Plan Competition (NYBPC) – New York’s premier collegiate regional and Statewide business plan competition – 43 North, the New York State High School Business Plan Competition, Venture B Plan, and competitions sponsored by FuzeHub, Rensselaer Polytechnic Institute and Communitech (Canada). Mr. Honen 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 startups. This grew out of his testimony regarding the need for a State-sponsored seed investment fund before the Task Force on Diversifying the New York State Economy Through Industry-Higher Education Partnerships. Mr. Honen has spoken as a panelist for the New York State Writer’s Institute on “The First Amendment & Free Speech Under Attack” (with Floyd Abrams and others; moderated by Ashleigh Banfield), and is a recurring panelist on “The Roundtable” on WAMC, a local NPR Affiliate. In addition, he has spoken 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 and Awards

  • Listed in The Best Lawyers in America©
    • Named the Best Lawyers® Corporate Law “Lawyer of the Year” in Albany, 2021
    • 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.

Published Works

  • 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
  • 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, “Venture Capital Investing in Emerging Growth Regions,” Capital Growth Interactive Venture Guide, April 2001

Present Activities

  • Albany Business Review, Leadership Trust, Member
  • 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
  • New York Business Plan Competition, Capital Region, University at Albany – School of Business, Judge, April 2018
  • 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