Many business owners incorrectly believe that forming and operating their businesses in a corporation, limited liability company, or other form of business entity indefinitely and unassailably [...]
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The loss of a key employee can be devastating to a business under any circumstances, but the negative effects can be compounded if that employee takes a position with a competitor or decides to [...]
Since the U.S. Supreme Court’s decision in the Wayfair case, unresolved issues relating to state and local taxes (so called “SALT”) have become a real wild card in the world of [...]
It is a common occurrence for clients to walk into our lobby expecting to sell their business in six months for the seller-friendly multiples of earnings that exist in today’s M&A market. We [...]
Defining confidential information is critical to any confidentiality agreement. Specifying the types of protectable information that are distinct to a Company can ensure enforceability of the [...]
The California Consumer Privacy Act goes into effect on January 1, 2020. This legislation will have a far-reaching impact on companies that do business with California residents. Similar to the [...]
Pre-emptive rights (or rights of first refusal) protect preferred stockholders against dilution from subsequent equity sales by a venture capital- or private equity-backed company. Such a right [...]
While standardized contracts exist, these forms oftentimes may not be used or might be modified or added to without considering the impact of the change on the rest of the contract documents. [...]
Some of the types of preferred stock discussed in “Preferred Stock Demystified” – my previous series of blog posts on this topic – are convertible into shares of common stock. For example, a [...]
The Supreme Court recently held that a trademark licensor cannot rescind a trademark license by rejection in bankruptcy. A trademark license conveys rights to the licensee, such as rights to use [...]
