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...
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...
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...
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...
If you incorporate as a business in Florida, one of the things you must do in order to keep your corporation valid (and to avoid personal liability for the company) is to meet with your shareholders. Shareholder meetings are often perceived as giant and almost ostentatious affairs with large ballrooms filled with eager shareholders. Luckily...
Last month I was lucky enough, along with just 10 other people, to get a private hour with Daymond John from NBC’s Shark Tank. If time is money, then this was an extremely valuable hour, and I intended to make the most of it. Some people in the small room asked questions about Shark Tank,...
You have found the person with whom you want to spend a great deal more time and collaborate on ambitious and great things. You should probably make it official with an offer letter. This is not an offer of marriage, but rather the offer letter you give to the person you want to hire. Considering...
The short answer to the question is no. Non-disclosure agreements (NDAs) and non-compete agreements (NCAs) are related but they are definitely different agreements with different purposes. Both, however, are usually expected to be signed by employees, contractors, and others who work with trade secrets or other proprietary information prior to being given access to that information....