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Elizabeth L. Carter
Managing Attorney

 

Elizabeth is a business capital attorney who represents investment companies, small businesses, nonprofits, cooperatives, and other social enterprises with the legal strategy and compliance of raising capital from their community and other investors.  Her most recent work includes assisting  a driver-owned ride-share cooperative with the legal compliance of its $2.5 million debt crowdfunding offer through Regulation Crowdfunding (Reg CF). Similarly, she assisted a number of cooperatives with the amendment of their governing documents (by-laws, operating agreements, articles of incorporation) in order to prepare them for an upcoming capital raise from non-member investors.  She also assisted a number of investment funds with the securities legal strategy and compliance of a SEC Rule 506(c) crowdfunding offer, including a cooperatively-owned investment fund that offered  $2 million in equity to accredited investors, as well as a community development financial institution that offered $1 million in slow equity to mission-aligned accredited investors.

Elizabeth's prior work includes the legal representation of entrepreneurs, property owners, small businesses, nonprofits and government agencies in various community economic development initiatives including drafting a joint venture agreement on behalf of a minority-owned redevelopment entity in order to promote inclusionary development; serving as general counsel to a limited-equity housing cooperative with over two hundred affordable housing units for seniors, and persons of low income; assisting a community development nonprofit with real estate sales for affordable housing development; representing a government agency with property tax lien issues in order to assist in the removal of blighted properties; reviewing, drafting, and negotiating commercial real estate contracts on behalf of small businesses; and helping to prevent a tax lien foreclosure on behalf of a low-income property owner through the negotiation and drafting of a third-party investor real estate agreement.

She also served as Special Counsel in the Department of Economic and Housing Development of the City of Newark (NJ) where she was lead counsel on a $8.1 mill affordable housing cooperative project and authored the City's amended tax abatement ordinance which provides tax incentives for inclusionary development by women, racial minorities, and cooperatives. Elizabeth also founded and served as Lead Counsel & Executive Director of the Urban Cooperative Enterprise Legal Center, Inc. (@ucelc), a 501c3 nonprofit organization with a mission to create and support cooperative enterprises within marginalized communities in order to promote local sustainability. Lastly, Elizabeth extended her community development and teaching experience to Chicago having served as Director of Community Planning and Economic Development of Chicago's 20th Ward Ald. Jeanette Taylor's office and as Visiting Professor in the Community Enterprise and Solidarity Economy Clinic at the University of Illinois School of Law in Chicago 

Currently, Elizabeth is on the Board of Directors of the Co-op Ed Center, a nonprofit dedicated to incubating cooperative enterprises in the Chicago-area; and serves on a number of Advisory Boards including the Advisory Boards of Seaway, A Division of Self-Help Federal Credit Union; National Public Housing Museum; and the Lawndale Christian Community Development Corporation of Chicago, a nonprofit affordable housing developer, in the areas of nonprofit finance and management; business development; cooperatives; investment finance.

Elizabeth is an honors graduate of the University of Michigan, double majoring in African American studies + political science with a minor in philosophy. She is also a graduate of Rutgers University, graduating with a a dual degree in law and urban planning. Elizabeth is licensed to practice federal law, as well as State law in three states: Illinois, New Jersey, and New York, and is passionate about the  solidarity economy, restorative economics, and community economic development. She is open to speaking engagements. 

Bar Admissions

  • Illinois, 2020

  • New Jersey, 2016

  • New York, 2016

 

Other Professional Affiliations

 

Education

  • Rutgers University School of Law, Newark, New Jersey: Juris Doctorate (2015)

  • Rutgers University Bloustein School of Planning and Policy, New Brunswick, New Jersey: Masters in City and Regional Planning (2015)

  • University of Michigan, Ann Arbor, Michigan: Bachelor of Arts with honors Afro-American and African Studies,    Political Science, and Philosophy 2011

Publications

THE TEAM

Cymone Ford, a third-year law student at the University of Illinois in Chicago, was our inaugural #BlackWomenLawyersMatter Summer Law Clerk, sponsored by our ecosystem partners Sustainable Economies Law Center.  The #BlackWomenLawyersMatter Summer Law Clerk Program is designed to increase Black women's representation within the field of securities law.

Cymone Ford, a third-year law student at the University of Illinois in Chicago, was our inaugural #BlackWomenLawyersMatter Summer Law Clerk, sponsored by our ecosystem partners Sustainable Economies Law Center.  The #BlackWomenLawyersMatter Summer Law Clerk Program is designed to increase Black women's representation within the field of securities law.

Cymone Ford, a third-year law student at the University of Illinois in Chicago, was our inaugural #BlackWomenLawyersMatter Summer Law Clerk, sponsored by our ecosystem partners Sustainable Economies Law Center.  The #BlackWomenLawyersMatter Summer Law Clerk Program is designed to increase Black women's representation within the field of securities law.

Chynniqe Ross
Chynnique Ross, Esq.
Legal Fellow
Spring 2022/ Fall 2021/ Spring 2021/ 
Fall 2020
Chynnique received her education at UIC Law, where she served as a Student Attorney for the IP Trademark Clinic, conducting client intake work and drafting search reports. She also served as a Research Assistant to Professor Renee Hatcher, conducting a literature review about Indigenous tribal governance practices, researching alternative approaches to institutional governance and other topics.
 
Before joining the Firm, Chynnique gained valuable experience working as a securities law clerk, where she researched securities and employment matters and provided analysis and assessments to the senior attorney. Chynnique currently serves as the Executive Director of The Light Law INC. and a board member of Encourage You 2, INC. She received her B.A. in Political Science from Murray State University. Her work and research focus on providing access to capital and legal representation to underrepresented business owners. 
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Jamie L. Frank, Esq.
Of Counsel
Summer 2022/Spring 2022
Jamie is a licensed attorney with a J.D. (cum laude) from Boston University School of Law, and she has seven years of experience practicing corporate and securities law. She focuses on nonprofit and business formation and equity and debt financings, including investment crowdfunding raises. She is passionate about helping entrepreneurs design organizational structures and capital-raising strategies to promote economic, racial and environmental justice. 
 
Jamie has been doing antiracism and economic justice work in different areas–including childhood education, nonprofit fundraising, and law–for most of her career. She is the current Chair of the Diversity, Equity and Inclusion Committee of the Alumnx Association of her alma mater College of the Atlantic. She was previously Development Director at New Economy Coalition, a coalition of 200+ organizations building the solidarity economy in the U.S. 
 
Jamie believes systemic change begins with each one of us. She is a professionally trained transformational coach, supporting social change leaders to clarify their purpose, do more impactful work, and live more fulfilling lives. She also facilitates spaces where people can build strong connections and support each other to take action toward liberation. 
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Shirah Dedman, Esq.
Legal Fellow
Spring 2022
Shirah is a licensed attorney with a J.D. from the University of Southern California, and an LL.M. in Food and Agricultural Law from the University of Arkansas. While at the Firm, Shirah will focus her work on Blockchain and the intersections of Securities Law, as well as provide operations and programmatic support. 

Her prior work includes filmmaking of which her efforts culminated in producing and directing the full-length documentary, "Follow the Drinking Gourd", which has since screened at several film festivals and is available to view on kweliTV. 
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Courtney Lee
Law Clerk
Summer 2022

Courtney is a rising 2L at UIC School of Law. She is the #BlackWomenLawyersMatter 2022 Summer Law Clerk, working to increase Black women's representation in the securities law field.

 

She is excited and ready to work with an amazing team of attorneys. She wholeheartedly believes that the current system surrounding the economy and its backwards priorities is completely unsustainable, thus causing more harm than good. She is excited to explore the progressive changes, new ways of thinking, and perform meaningful work that prioritizes people.

Prior to attending UIC Law, Courtney attended Old Dominion University, in Norfolk, Virginia where she doubled majored in political science and international studies, and graduated cum laude.  Her previous work experience includes working at the Federal Aviation Administration in both the offices of International Aircraft Certification and Aerospace Medicine.