Legal issues Comparing Loans and Equity Investments

July 5, 2011

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When starting a business, you probably need to finance part of it. After looking at you own pocketbook, which usually includes any savings, raiding your retirement account or if you are lucky any inheritance money from Aunt Matilda you probably need more money. There are two sources of outside funding: equity investment and loans.
Loans: [...]

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How to prevent your NY Business from being Sued in a Foreign Jurisdiction

July 5, 2011

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Running an online business can have a variety of hidden legal dangers.  When you decide to create a website and open an online business, you are setting shop to the world. Your customers can be anywhere.
Recently, one of my clients opened a vintage jewelry shop online.  Her office is based in Manhattan. A customer residing [...]

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How to Prove Misappropriation of Trade Secrets in New York

June 23, 2011

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Frequently, preliminary injunctions are often sought in cases where you have an employee and it is your belief that that he has taken your companies trade secrets. For example, a sales person may decide to walk away with your customer lists.  The hurdles for obtaining a preliminary injunction is high because it is such a [...]

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Creating Bylaws for Your New York Corporation

June 1, 2011

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How can I set internal rules within my company to help resolve disputes in the future? The answer is your next step in forming your corporation or start-up. After creating your articles of incorporation, you must now create bylaws. Bylaws are contained within a single written document and dictate the operating standards and procedures of your business [...]

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Keith Ferrazzi and his Big Wheels Story

May 14, 2011

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Keith Ferrazzi is a fantastic author. His business book classic, Never Eat Alone, has proved quite influential not only my professional, but also my personal life.  The basic premise is simple enough. You eat 3 meals a day. Simply develop the habit picking up the phone and let people know that you would like to [...]

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Social Media Enforcement guides

May 9, 2011

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Looking for subpoena information for social media sites. Check out this link, compiled by the Samuelson Clinic at UC Berkeley.

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Happy Mother’s Day from Law Office of Frederic R. Abramson

May 6, 2011

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I am fortunate to be surrounded by wonderful mothers. Even though my mom lives 2,000 miles away in Arizona, she is not only loving and kind, but she is also a great mentor who is always there to listen.
My wife is an amazing mother to my 2 children. She balances her challenging roles as an [...]

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NYC Tech Mentorship Program

May 3, 2011

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On the always informative Nextny Google group, Mike Lewis posted this interesting NYC tech Mentorship program. Here are the details:
NextNY presents the NYC Tech Mentorship Program, in collaboration with
General Assembly. It is connecting a select group of smart developers
with top startup leaders serving as mentors. The goal of the program
is to help high-potential techies reach [...]

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Choosing a Business Entity in New York

May 2, 2011

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When you start a new business or start-up in New York, there are some major legal hurdles you’re going to encounter. It’s important to examine these issues carefully because they’re often confusing. Each issue should be discussed with an attorney because they can affect your business costs, tax structure, business organization, and liability. [...]

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Apple sued for Undocumented Location Database

April 26, 2011

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Techcrunch reports that the first lawsuit has been filed against Apple over its controversial undocumented location database. In case you missed it, your iPhone has been tracking your every move. Not only has it been tracking where you are, but where you have been. Yikes!
It comes as no surprise that a quick, nearly instantaneous lawsuit [...]

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