The main difference between Chapter 11 and Chapter 13 is that a Chapter 13 bankruptcy requires that the debtor pay his or her debts within five years. On the other hand, Chapter 11 allows the filer to extend the five-year period unlike Chapter 13. Another difference is how much the Debtor has to pay creditors. […]
Bankruptcy Options for My Business
There are several types of bankruptcies available to businesses (and individuals) depending on the circumstances and goals of the company’s owners. Chapter 13 Bankruptcies One of the most common types of bankruptcy is Chapter 13. Chapter 13 applies to individuals and sole proprietorships and is generally designed to adjust debt for individuals who also have […]
Balancing the First Amendment Protection of Artistic Expression Against the Trademark Rights of a Global Brand in the Digital World
On May 18, 2022, U.S. District Judge Jed Rakoff issued a written decision refusing to dismiss Hermes’ trademark infringement lawsuit against Los Angeles designer Mason Rothschild over Rothschild’s “MetaBirkins” non-fungible tokens (“NFT”). The case has been closely watched by trademark lawyers and NFT creators because it represents a familiar clash between federal trademark law and the […]
Secure and Protect Brand Names, Logos, and Domain Names Before Creating Value in Them
Once you have formed and organized your new technology company, one of your first tasks should be to secure your commercial rights to the company’s business and essential brand names, logos and domain names while the business is still in the conceptual stage. When your company is new, and yet to demonstrate it has any […]
California’s SB 113 May Offer Valuable Tax Planning Opportunities for Family Businesses
On February 9, 2022, California Governor Gavin Newsom signed Senate Bill 113 into law. SB 113 changes several provisions of California’s tax laws that affect family businesses and offer valuable tax planning opportunities that business owners may wish to take advantage of. Specifically, SB 113 reinstates the business tax credits and net operating loss (“NOL”) […]
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