Tag Archives: Start Up

Invention Developer Services for Inventors Are Highly Regulated

If you have that once-in-a-lifetime idea, and want to sign up with an invention developer, make sure certain things are in place because the law requires them. Continue reading

Advertisements
Posted in Uncategorized | Tagged , , , , , , , , , , , | Leave a comment

Daily Penalties for LLC Failing to Keep Records

If any member makes a demand that such records be kept when they are not, the LLC will be subject to a daily penalty of at least $25 per day. Continue reading

Posted in Uncategorized | Tagged , , , , , , , , , , , , | Leave a comment

Dissociation of LLC Member Does Not Discharge Them from Liability to LLC Members

Becoming a member in an LLC is a serious commitment and dissociation does not relieve the dissociating member from liability, whether the dissociation is voluntary or not. Continue reading

Posted in Uncategorized | Tagged , , , , , , , , , , , , | Leave a comment

Some Shareholders Have an Absolute Right to Inspect Corporation Records

Inspection rights are important to shareholders and directors. The corporation has an obligation to provide access to its records according to applicable law. Continue reading

Posted in Uncategorized | Tagged , , , , , , , , , | Leave a comment

Securities are Stocks, Debentures, Viatical Settlement Contracts, Straddles, and More

In other words, whenever you are trying to raise money for your business, no matter how creatively you have structured the investment, odds are you are really just offering or selling securities that will likely need to be registered or otherwise exempt from registration. Continue reading

Posted in Uncategorized | Tagged , , , , , , , , , , , , , , | Leave a comment

Board of Directors May Mortgage or Sell All of the Corporation’s Assets

But what you may not know is that the corporation’s board of directors has broad powers to mortgage or sell the corporation’s assets. Continue reading

Posted in Uncategorized | Tagged , , , , , , , , , , , , , , , | Leave a comment

Selling a Stake in Your Business to Investors May Require a Securities Registration

More red tape on your way to starting or growing your business. Fortunately, there is a way to cut through some of that red tape – legally. Continue reading

Posted in Uncategorized | Tagged , , , , , , , , , , , , , , , , , , , | Leave a comment

Licenses, Permits and Registrations for a New Business

One of the earliest steps that entrepreneurs must take is determining what licenses, permits and registrations are required for their new business. Although no discussion can provide an absolutely complete answer to this question, there are certain general requirements that … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , , | Leave a comment

Founding Owners’ Agreements

When entrepreneurs or other business people are starting a business, they naturally do not focus on what might happen after the business has commenced and there are issues that arise among the different owners of the business. As time goes … Continue reading

Posted in Uncategorized | Tagged , , , , , , | Leave a comment

How a Business Can be Subject to the Securities Laws

Whenever a business entity issues ownership interests, whether it is to existing owners or new investors, one must be aware that such issuance can be deemed an issuance of securities and that the securities laws may come into play.  If … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , , , , , , , , , , , , , , | Leave a comment