Unfortunately, it is not unusual for the owners of a privately held business – whether it be partners of a partnership, members of a limited liability company, or shareholders of a corporation – to become embroiled in conflict over management of the company. This management-investor conflict can, at best, cause substantial disruptions to the operation …Read more
Let’s say “Jane” doesn’t see a lawyer in time to orderly dissolve the company, and now Big Bank and a few other creditors are coming after her. She hasn’t found a new full time job, and she’s coming to the end of her savings. Pretty soon she won’t be able to pay her credit card …Read more
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
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
As we discussed last week, intellectual property (“IP”) due diligence comes up in many different types of transactions, including licensing transactions, joint development agreements, M&A deals, and venture capital investments. Anytime an acquisition or investment is based, in part, on the target’s or issuer’s IP – and in the San Francisco Bay Area it frequently …Read more