What Is the Right of First Refusal?
What Is the Right of First Refusal? The right of first refusal is an essential legal safeguard that enables business owners to safeguard their financial and ownership interests. Before the stock is sold to an…
Are LLC Membership Interests “Securities”?
In a recent and unexpected development in government guidelines, securities law can now apply to an ownership interest in an LLC. An ownership stake may occasionally qualify as a security covered by federal and state…
Transferring Property to an LLC
Transferring Property to an LLC In California, when real estate is transferred it typically results in a change in ownership, which causes the property’s taxable value to be reassessed. However, there are a few exceptions…
Informal Discovery Conference
Informal Discovery Conference For any business owner, litigation is a hefty investment. However, working with a good lawyer can significantly reduce your legal costs and save valuable time. New rules have established informal discovery sessions…
Angel Financing, Venture Capital, or Private Equity?
Collateral serves as insurance for secured creditors’ investments and while it can offer prudent financial security, that is only true if creditors abide by all legal guidelines. This is why it’s wise to hire a…
Do I Need a PPM When Investing?
Do I Need a PPM When Investing? A PPM, or private placement memorandum, is a useful marketing tool that informs and sparks up interest, but it also helps investors comply with SEC law. A PPM…
California Employee Meal and Break Requirements
California Employee Meal and Break Requirements A significant portion of civil action and Labor Commissioner disputes between employees and employers in California are caused by employers’ failure to comply with the rules regarding required breaks…
Raising Capital with Regulation CF
Raising Capital with Regulation CF The methods used by startups to obtain funding have come a very long way due to technological advances, so much so that federal securities laws have evolved to ensure these…
Should I Offer a Stock Option Pool?
Should I Offer a Stock Option Pool? An ever-more common option for dividing equity for startups is a stock option pool. Equity compensation is a fairly common incentive that business owners use to pull in…