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Risk Management for the Electric Vehicle Industry If you had any doubt that electric cars are here to stay, just look at how many charging stations you see in parking lots, compared to two years ago. They are not just at high-end shopping malls anymore; now you even find them in the parking lots of big box wholesale stores. The…
Do you ever feel like Google knows everything about you? When you do a generic search like “stocking stuffers,” its results show you suggestions that are eerily specific in their appropriateness for the intended recipients of your gifts. How does Google know that you are on a decluttering kick? How did it guess that you plan to serve one vegan…
When most people think about contracts, they imagine an agreement between two parties in which one agrees to provide a service or product to the other in exchange for compensation. While this does describe the terms of many contracts, it’s important to note that legal agreements can also specifically be used to restrict individuals from doing certain things. This is…
In recent years, a number of U.S. states have legalized recreational use of marijuana, while many others permit marijuana businesses to operate for medical marijuana purposes. Numerous states that permit medical marijuana but have not yet legalized recreational marijuana have decriminalized marijuana possession for those who cannot lawfully possess marijuana for medical purposes. Marijuana laws continue to change with rapidity,…
Fashion Law is a growing and emerging legal category that encompasses several other and more traditional legal specialties. Intellectual Property Fashion companies protect their brands by filing for state or federal trademark registration. After filing for federal registration, the fashion company owns the exclusive right to use the trademark in the U.S. and the right to use the official registered…
The already increasing number of E-commerce economic activities skyrocketed in the wake of the recent pandemic. More than ever, a savvy entrepreneur should be aware of the legal implications and issues of an e-commerce venture. Legal Entity When the e-commerce business is started as secondary or simply subsequent to one operated from physical premises, it might be time and cost-effective…
Starting a business? You Need a Business Prenup. Just like a marriage, a business with a partner or partners is very much like a marriage—but without sharing a bedroom. There are many benefits to handling a business prenup on the front end, rather than when you have no choice but to do it parting ways. Doing this on the front…
Answers to some popular questions covered in our practice areas. CORPORATEWhat are the most common rights in connection with transfers of a corporation’s shares or of a limited liability company’s membership interest units? Right of first refusal – the right of a current shareholder or member to match the offer made by a third party to purchase another shareholder’s shares…
Founders of successful startups create brilliant concepts and devote considerable effort to see their business take off. But often this is not sufficient. Fresh capital is needed to implement marketing plans and hire personnel that provide relief to the founders’ day-to-day operations. Attracting new capital is arguably one of the primary goals of the founders. Conversely, this could cost them…
A vesting schedule is an incentive program established by a company that gives employees of large companies or founders of small companies full ownership of their stock options pursuant to a table of time periods and percentages. In the context of small and medium-size companies, the most common vesting schedule lasts for four years, with a one-year “cliff.” For instance,…