If you have been considering raising money via crowdfunding for your startup or small business, you may already know that this has been somewhat of a gray area in securities law. Back in 2012, Congress passed Title III of the Jumpstart Our Business Startups Act (“JOBS Act”). Since then, the Securities and Exchange Commission (“SEC”) […]
How to File a Claim in a Bankruptcy Case
You just received notice that your customer who owes you money has filed bankruptcy. What should you do? Read the notice you receive from the court. Among other things, that notice will give you the deadline for filing a claim in the bankruptcy case. In a Chapter 7, 12 or 13 case, in order to receive […]
Three Ways You May Be Sharing Trade Secrets With Competitors and How to Stop
Trade secrets come in many forms. They commonly include customer lists, programming data, pricing information, employee compensation and benefits, cost matrices and secret recipes. Whatever information a company develops or acquires for the purpose of gaining a competitive edge that it does not share with others will likely fall within the definition of “Trade Secret.” […]
The Value of Keeping Corporate Minutes
Many corporate clients ask why they should spend the time and money to maintain corporate minutes. This is especially common in small or family-run operations. Other corporate clients don’t even bother asking the question, they just don’t do it. When I am asked why they should go through the time and expense of preparing minutes […]
5 Key Agreements Every CEO Should Review With an Attorney
From one vantage point, a business is only a business when it has “agreements” in place that govern its relationships with other parties: agreements with clients to deliver goods or services in exchange for compensation agreements with vendors to pay for products and services agreements with employees, financiers, landlords, insurers, etc. You get the idea. […]
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