Corporate Law

When Should You Incorporate?

January 7, 2011

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You have this great business idea and perhaps you are short on funds. You know that you should speak to a lawyer. So you decide to call my office looking for some advice.  The first question that you will probably ask is if you should incorporate your business.  My answer is nearly always [...]

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SecondMarket has received a SEC inquiry

January 3, 2011

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The SEC is looking into secondary stock trades of private companies.  According to Fortune, SecondMarket now has received a formal inquiry from the SEC.
What follows is an official statement from SecondMarket spokesman Mark Murphy:
“We have now received a voluntary request for information from the SEC regarding ‘Pre-IPO Pooled Investment Funds.’ We are fully cooperating with [...]

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When will the SEC look into Facebook-Goldman?

January 3, 2011

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Commuting to work today, after refreshing my NY Times Droid app for the first time in a week, the #2 article of the day was that Goldman Sachs, recipient of TARP money and a Russian investor, invested $500 million in Facebook.
It is well known that Mark Zuckerberg, values his autonomy and will do [...]

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Professional Board of Directors: Why You Should have one

December 6, 2010

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Robert C. Pozen, writing in the Harvard Law School Forum on Corporate  Governance and Financial Regulation argues that Sarbanes Oaxley has been largely ineffective.  Many of the largest companies had to be bailed out despite adhering to the rule that  all boards of public companies as well as their important committees would be comprised mainly [...]

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Top Ten Legal Mistakes Made by Entrepreneurs

November 8, 2010

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The life of a start-up can be like riding the Taconic State Parkway, a single mistake can cause serious damage.   Many entrepreneurs try to “play lawyer” to try to save money.  I don’t really understand the concept.  Simply because you know how to change the oil in your car does not make you a [...]

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Do you Have an Exit Plan for your Small Business?

October 18, 2010

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On October 1, 2010, Gallup released a poll which found that nearly half of all small business owners may never retire. Incredibly  nearly half, 47%, of small-business owners now plan to never retire until forced to do so for health reasons — up from around 40% in 2007. Small business owners are also saying that [...]

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What is Stock?

October 16, 2010

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Great infographic on what is stock…

Personal Finance Software – Mint.com

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Simon Sinek: How great leaders inspire action

September 12, 2010

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Simon Sinek has a simple but powerful model for inspirational leadership all starting with a golden circle and the question  People don’t by what you do but why you do it. His examples include Apple, Martin Luther King, and the Wright brothers. Watch his TED talk.

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What you need to know about Supplier Agreements

July 12, 2010

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A good supplier agreement is to designed to keep you out of court. It can also help you win a lawsuit if there is a dispute. If you have an ongoing relationship with a supplier, a well-drafted agreement is crucial. One especially thorny issue is creating a way to easily end a contract.  If you [...]

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Do you Know When a Motion to Dismiss Should be Made?

May 19, 2010

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You know that litigation could be expensive.  If your attorney is a Linchpin he will always present an analysis of the costs of defending a lawsuit to you.  Great attorneys are often able to limit the costs of litigation while continuing to defend you aggressively. Bad attorneys make lots of money by drafting unnecessary motions.
Some judges [...]

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