A legal blog on private funds, startups, and venture capital.
A legal blog on private funds, startups, and venture capital.
One situation I often encounter with small businesses is that sometimes they don’t always document the transactions they enter into with their owners and other related parties. For instance, let’s say that two owners of a corporation decide that their…
Previously, I have written about the advantages and disadvantages of incorporating in Delaware or Nevada as a small business owner. With regards to Delaware, my conclusion was that, for most small companies, the disadvantages outweigh any advantages. With regards to…
Recently, I posted a summary of the status of state investment advisor registration requirements for private fund managers in the Midwest in wake of adoption of the Dodd-Frank Act. Indiana, in particular had a rather confusing situation. Indiana’s Securities Division…
Having an effective relationship with your lawyer involves more than just hiring an attorney who is knowledgeable and competent. You must also be able to work with your lawyer in a way that gets a deal done while protecting your…
Previously, I wrote about the pros and cons of incorporating in Delaware as a small business owner. My conclusion was that, for most small companies, the disadvantages outweigh the advantages. In this piece, I’ll cover my thoughts on another state…
Recently, I came across an online petition proposing a new “Startup Exemption” to federal securities registration requirements. You can find the petition at this website: www.startupexemption.com. Like many other similar proposals, its goal is to ease the regulatory burden on…
