Too often I see entrepreneurs worry too much about corporate formalities when instead the primary focus should be on building a great product and generating sales.
When you come to an attorney and ask what type if entity is best and where you should register/incorporate, it helps a ton if you have more than just […]
Ready to start a non-profit?
1. Articles of Incorporation (or other organizing document) that states a) limited purpose; and b) distributes assets to an exempt purpose upon dissolution.
3. Employer Identification Number (EIN)
4. State Solicitation Laws (familiarize yourself with any state charitable solicitation laws as well as […]
The last couple of weeks I have been fascinated by watching the Ycombinator-backed Lockitron raise nearly $2 million as of today through a self-hosted product demonstration and pre-production orders for a device which lets its users remotely lock/unlock a deadbolt using their phone. These guys were turned down by Kickstarter […]
Don’t let competition stifle your ability to succeed. How you react and respond to tough competition will distinguish you and your long-term success from others’ speedy failures. And let’s not forget that competition is usually a great thing for consumers because it is a catalyst for innovation and lower price tags.
However, it will be appealing […]
You are negotiating a business deal and you get through all the terms and conditions that you feel are the core of your bargain and somewhere near the end of the contract, probably on the last page, you see a heading that reads: “Law” or perhaps is more specifically identified as “Choice of Law” […]
Much has been said on this topic but it is important to highlight a few of the main points about which states may be favorable or not for incorporation. Also, sometimes state laws change, which makes incorporating more expensive or create different incentives for choosing a particular state. Here are a few considerations on […]
Today, the U.S. Supreme Court hears oral argument in Golan v. Holder, a case involving whether copyright can be restored to works that have already fallen into the public domain. This “copyright restoration” question looks at whether the Progress Clause of the Article I, § 8 prohibits Congress from taking works out of […]
President Obama signed into law the Leahy-Smith America Invents Act last Friday and there are several big changes to the patent application process in the U.S. worthy of note.
Race to File
It’s inevitable. You just set up your new business and typically have more bills to pay than income. But unless you are running a strip club or a drug cartel, you can’t get away with dealing all in cash. You need to choose at least one bank to safeguard your funds and provide other […]
The question is about the limits of using another’s name or logo in direct, competitive advertising.
The most common concern is whether a competitor violates rights in trademark […]
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