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 [...]
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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 [...]
I drafted a series of posts last year entitled “Preferred Stock Demystified” regarding the payments rights and preferences attendant upon various classes of preferred stock. I now will supplement [...]
Part II: A Design Professional’s Perspective in Drafting Specifications This is the second in a series of posts that address the issues that arise when design specifications are inconsistent with [...]
On April 17, 2019, the U.S. Department of Treasury (“DOT”) issued its long-anticipated second set of regulations with respect to Qualified Opportunity Zones. According to the DOT, the second set [...]
Accidents and injuries are an unfortunate and unavoidable part of everyday life. There are initial steps, however, which can be taken to mitigate circumstances and prevent an accident or injury [...]
Part I: Introduction and An Owner’s Preliminary Considerations A product warranty is a qualified promise made by a manufacturer that a defective product will be repaired or replaced if the [...]
All businesses, inevitably, will have customers which experience credit issues or may even file for bankruptcy protection. Once a bankruptcy case is filed, all collection activities against the [...]
