The principal reason for forming a new business is to enjoy the protection that it provides. Business owners who choose to incorporate as a corporation or form a limited liability company (LLC) are afforded protection […]
A business with equal 50/50 partners is a unique relationship. While the profits and losses are divided evenly in a straight 50/50 partnership, so are the voting rights. Thus, neither partner can do anything without […]
Earlier this spring, the California Supreme Court announced a major change in independent contractor law, adopting a “ABC” test for determining whether an individual is an employee or independent contractor. The new independent contractor test […]
Many companies incorporate and stop there. Failing to take the next steps can cause problems, including “piercing of the corporate veil.” This takes place when a judge determines that shareholders and/or directors should be personally […]
Under United States common law, the first user of a trademark (which can be a company name, product name, tagline, or logo) in commerce has priority over all later users of identical or confusingly similar […]
A majority of public companies and fast growing startups have been incorporating in Delaware for decades. Serving as the birthplace for companies has been the business of Delaware since 1792, when it established its Court […]
The General Data Protection Regulation (GDPR) was approved by the European Parliament and Council in April 2016 as the primary law regulating how companies protect EU citizens’ personal data. In addition to businesses located in […]
The terms of employment are important whether you are a small business owner or a soon-to-be employee. Like most contracts, employment agreements often include state-specific provisions. That said, there are universal elements that should be […]
Typically, cryptocurrency tokens are considered either utility tokens or security tokens. There is a huge difference between the two as the latter falls under the purview of numerous SEC regulations. Lately, the SEC has taken […]
Early-stage entrepreneurs are rightly concerned with how much an LLC will cost to set up. They’re also usually curious about how much it will take to maintain the LLC from year to year. After all, […]
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