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One of the most important aspects of a business is its brand, and the brand should be protected by registering it as a trademark in all the countries where the mark is used, is about to be used, or has a connection with. To facilitate the process of applying for trademark registrations in multiple countries, it is advisable to use…
Many still think that Non-Fungible Tokens (NFTs) do not have any practical purpose and are only used as a beauty exercise by trust fund kids and money launderers to purchase digital art or other collectibles. Given the novelty and complexity of the subject, this is an understandable misconception. Quite to the contrary, at Cea Legal, we believe in the tokenization…
A Joint Venture agreement involves two or more parties that choose to work together towards the accomplishment of a certain endeavor, goal, or project by sharing assets, expertise, costs, and profits. While the joint venture opens the doors to new opportunities, it also increases the risk of liabilities and losses. Therefore, at Cea Legal, when representing a company in a…
The “midnight clauses” are the clauses of a contract negotiated or simply drafted at the very last minute in a rush to close a transaction. Typical midnight clauses are the dispute resolution clauses (e.g., arbitration clauses and choice of forum ones) and the choice of law clauses. When faced with a lawsuit, paying little or no attention to these clauses…
After 18 months of the Covid-19 travel ban, the United States will finally reopen its borders to fully vaccinated travelers from Europe starting in November. Therefore, this is the best time to start working on preparing E1/E2 trader/investor visa and O1 extraordinary ability visa packages. These are very complex applications comprised of several forms, cover and recommendation letters, and supporting…
In closely-held businesses, a few unfortunate prospective events need to be addressed from the outset to be prepared when and if they occur. What happens in the event of death, disability, retirement,or termination of one of the partners? At Cea Legal, our role as business attorneys is to share with our clients the automatic consequences of certain events unless dealt…
Decentralized finance (DeFi) is a term used to encompass a growing number of financial services provided on blockchain platforms (mainly Ethereum). The DeFi industry has been becoming increasingly attractive thanks to its appealing premise allowing transactions to be carried out between peers without financial intermediaries, such as banks. Instead, the transacting parties “trust” smart contracts, which are self-executing software codes…
A franchise is a very popular and attractive business relationship between an established company seeking to monetize on its brand reputation (the “Franchisor”) and a new player that wishes to enter a specific market (the “Franchisee”) leveraging on the expertise of the Franchisor. Three elements generate a franchise relationship, whether the parties involved are aware or not: Franchisor’s trademark is…
USCIS recently announced the reinstatement of the International Entrepreneur Parole, a program that was initially introduced in 2017 and subsequently halted by the Trump administration. The International Entrepreneur Parole program is meant to offer an opportunity for foreign entrepreneurs to create and develop start-up companies with high growth potential in the United States. It is getting close to a “start-up…
The ramifications of a real estate transaction can be complex and, as such, need to be carefully scrutinized before planning a purchase or sale of a property. REAL ESTATE TRANSFER TAXES The real estate transfer taxes are one-time taxes imposed by a state and/or a municipality upon the completion of the transaction transferring real property. In New York, the New…