The Advantages and Disadvantages of Going Public With Your Stock (IPOs)

Debating whether to take your company public (a.k.a. Initial Public Offering or “IPO”) is a huge decision. The fact that you’re debating it at all shows that you highly value your company, and that it’s expanding rapidly. So, congratulations! This is an exciting time for you and your business. But, from thoroughly researching the market and your company’s financials to dealing with new compliance requirements and Read More

4 Tactics to Try if the Other Party is Being Uncooperative

When you own a business, there are so many things you have to worry about. From growing your client base to keeping your employees happy, it’s easy for things to slip through the cracks. One of the most common problems that business owners deal with is unresponsive people, such as a vendor, contractor, or even another business partner. Sometimes the problem resolves itself quickly, and the other party has a very Read More

Shareholder Derivative Litigation 101

A derivative action is a lawsuit brought by a corporation’s shareholders on its behalf against a third party. Usually, this third party is an inside member, such as a director or board member. Most jurisdictions require that the shareholder files a request to the corporation before bringing suit to resolve it internally. However, there are times when the court lifts this requirement as if the request will be Read More

How to Prepare Your Company for Going Public

If you are a business owner and are considering going public, then congratulations! This transition means that your company is doing quite well and is a huge step towards your business growth. Initial public offerings (IPO), a.k.a the first time your company’s stock is sold to the public, can be hugely beneficial. They can provide an influx of capital and attract new customers that will continue to boost your Read More

Understanding Alternative Dispute Resolution Options

When legal disputes arise, many people assume that the only way to really resolve them is through litigation—that is, filing a lawsuit and having your day in court to air your grievances and allow a third party who is thoroughly versed in the law decide the issue for you. Litigation, however, is an expensive, time-consuming business that rarely ever leaves either party truly satisfied in the end.  There’s a reason Read More

3 Steps You Can Take Right Now to Minimize Your Risk of an Employment Lawsuit

As a company owner, you naturally want to do everything within your power to minimize the business’s exposure to risk. Employee lawsuits, unfortunately, can impact that goal and even threaten business continuity.   These lawsuits can be inspired by several situations. The employee might complain that they are being harassed or discriminated against, or accuse you of violating state or federal laws. Even if you Read More

The Articles of Incorporation: What They Are and What You Need to Know

You may know articles of incorporation by other names, such as certificate of formation, or corporate charter, but no matter the name, the purpose is still the same. The purpose of the articles of incorporation is to formally establish and register a corporation under a state’s laws and regulations. Remember that a corporation, unlike a sole proprietorship, is considered a separate legal entity apart from the Read More

Understanding the Key Differences Between Trademarks and Copyrights

The difference between trademarks and copyrights is frequently misunderstood by business owners, much to their detriment. Don’t be one of those business owners that are in the dark about their intellectual property! This blog covers some basics. What is a trademark? A trademark is a mark—a symbol, word, device, number—that is affixed to a product to identify the manufacturer of the product to the purchaser. The Read More

Understanding “Side Letters” When Raising Capital

Should you find yourself in the position of raising capital for a private fund, you should become familiar with a very common, yet often misunderstood, tool of this particular trade: the side letter. It’s a deceptively simple name for what can be a sophisticated and nuanced way to secure individual investors on their terms. Private equity funds are most often run as limited partnerships. By doing this, individuals Read More

5 Ways Disability Discrimination Can Manifest in the Workplace

With the advent of the Americans with Disabilities Act (ADA) in 1990, the issue of disabilities in the workplace became more well-known and understood. Employers learned more about their obligations with respect to disabled workers, and individuals with disabilities learned about their rights in the workplace. Despite this law, individuals with disabilities unfortunately still face discrimination in the workplace, in Read More