
Tax Issues to Consider When Forming a California Partnership
Previous posts have discussed the many factors entrepreneurs should consider when forming and organizing a new business enterprise. One of those factors is whether the business is initially expected to generate profits or losses and the tax consequences of those profits and losses on the founders and other investors. The tax consequences of the profits …Read more
Tax Considerations for California S Corporations
Last weeks blogs discussed tax considerations of C-Corps. This week’s blog discusses some similar tax considerations of S-Corps, which is a form of flow through entity for tax purposes. The net income of an S corporation is not taxable at the corporate level. Instead, it flows through to the individual shareholders. The shareholder is taxed …Read more
Tax Considerations for California Corporations
Previous posts have discussed the many factors entrepreneurs should consider when forming and organizing a new business enterprise. Of all those factors, three issues are particularly important when selecting the form of business entity for your new venture: (1) Who will be the owner of the business; (2) how will the earnings of the business …Read more
California Consumer Privacy Protections Expanded
In 2002, California became the first state in the union to enact a data breach notification law. The statute requires California businesses or businesses that own or license computerized data that includes personal information of California residents to disclose when there has been a breach of a security system used to protect that data. Since …Read more
Collaboration and Co-Ownership Claims Discovered in IP Due Diligence
Another important aspect of intellectual property (“IP”) due diligence is evaluating how the target company has managed its relationships with third party technologist or university professors, and whether infringement claims could possibly arise from those relationships. Requesting and reviewing documents that memorialize the terms and conditions under which the target company has worked with third …Read more
Trade Secret Misappropriation Claims Created by New Technologists
Another important aspect of intellectual property (“IP”) due diligence is evaluating how the target company has managed its relationships with technologists, and whether misappropriation claims could possibly arise from those relationships. Requesting and reviewing documents that memorialize the terms and conditions under which the target company vets prospective technologists is a crucial step when evaluating …Read more
Copyright Infringement Claims & Consultants
An important aspect of any intellectual property (“IP”) due diligence effort is to evaluate how the target company has managed its relationships with its personnel and whether infringement claims could possibly arise from those relationships. Requesting and reviewing the documents that memorialize the terms and conditions under which the target company retains consultants, vets prospective …Read more
Copyright Act Section 203 Levels Playing Field for 1st Generation of Video Game Designers
In 1972 Atari released its simulated table tennis game, Pong. My parents purchased a copy for our family. My sister and I spent hours playing against one another. The only feature you could adjust was the speed of the ball, but we were transfixed to the television set recreating famous tennis matches we had seen …Read more
Conducting Effective IP Due Diligence: Digging Into The Target’s IP Assets
You’re the CEO of a software company. You’ve identified a new start-up company that claims to have developed a mobile application that could provide your company, indeed your entire industry, with an exciting new platform to deliver products and services to fast moving customers globally. Your board of directors has authorized you to move forward …Read more