Warning to California Artists-Ninth Circuit Decision Limits Some Royalty Rights

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Who This Decision Affects Artists expecting a 5% royalty on sales of any “work of fine art” as outlined in a California state law that took effect January 1, 1977. This law was enacted to protect artists by requiring the seller, or seller’s agent, to withhold a 5% royalty and pay that to the artist. …Read more

Video: Business Financing Options – Debt Financing

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This video by Lonnie Finkel of Finkel Law Group reviews the basics of debt financing for business, considerations, requirements and more. In my next video I’ll review equity financing, so stay tuned. Download the Financing Options Table to review the differences in Debt Financing v. Equity Financing

The Benefits of Business Advisors and Advisory Board

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If you’re looking for a fresh perspective on the issues confronting your company’s business, but you don’t wish to be bound by the recommendations of outsiders or acknowledge the need for assistance from your board of directors, then an advisory board may be a good vehicle to assist you and your management team. Unlike a …Read more

Selling Securities in Cryptocurrency Companies

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Cryptocurrency companies have become all the rage.  That trend may continue for some time. Most companies considering an Initial Coin Offering to U.S. investors have resigned themselves to the fact that their proposed offering is likely considered an offering of securities by the U.S. Securities and Exchange Commission (“SEC”). Thus, it must be made in …Read more

Beware of Successor Liability in Connection with Family Owned Business

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A corporation ordinarily is not liable for the debts of other entities or its owners in the absence of an express agreement, such as a guarantee. However, a creditor of one company may try to impose liability on one or more non-debtor entities under “alter ego” or “successor liability” theories in certain circumstances. In these …Read more

How to Protect Your Company’s Software Assets Through Contract Protection

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If your company drives its revenue with proprietary software assets, you must ensure those assets are not improperly shared or misused by others. One way to protect your company’s software-related intellectual property (IP) rights is through a written contract. How Can Contract Provisions Help Protect Software? Most commercial software products are distributed in compiled object …Read more

How to Prepare for Due Diligence

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As the Chief Executive Officer, you will be hard pressed to secure financing, sell your company, or issue an IPO if you’re unable to persuade prospective investors or buyers. By collecting and presenting your corporate information in a clear, complete, and concise professional manner, you will dramatically improve your chances of success. Preparing for Due …Read more

How to Select a Trial Attorney for Your Bay Area Business

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Working with a reputable law firm to assist you in drafting and negotiating agreements for sales, real estate transactions, employment agreements, and intellectual property licenses, has never been more essential to the success of your business. The attorney you choose should be focused on preventing problems and helping you navigate your company through a challenging …Read more

Los Angeles Leads California With Proposed Commercial Cannabis Regulations

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On June 8, 2017, the Los Angeles’ City Council released its proposed regulations to govern commercial cannabis activity in the city. Simultaneously, the city’s Planning Department released a draft ordinance that proposes land use and sensitive use requirements for commercial cannabis activity in Los Angeles. These releases mark the next step in the city’s effort …Read more