When might bankruptcy be the right course of action to take to eliminate securities violations? In this post, we will explore why this course of action was needed for Neogenix and how it might apply to your company.
FINRA has begun gathering information on how to implement the new JOBS act required provision of Regulation D regarding crowdfunding. What does this mean for your business?
After almost a year since Congress passed the Jumpstart Our Business Startups Act (or JOBS Act), which originally had great excitement from the start-up community, I’ll explore how implementation of the JOBS Act has progressed and what we might...
This post discusses the effectiveness of using an entity such as an LLC or limited partnership that provide limited liability protection. Deciding if this is necessary is dependent upon each situation but should be determined by seeking legal counsel...
Do I need an LLC or corporation or can I operate as a sole proprietor? Will purchasing insurance grant me enough liability coverage? Will my LLC become an asset for me? Are there any costs to incorporating? These are some of the many questions...
The SEC released its preliminary regulatory requirements for the new amended Rule 506 of Regulation D. This is only a proposed rule, which means that the amended 506 can not be implemented into practice yet. This article discusses the proposed rule...
The JOBS Act contained two very important provisions for startups: Reforming Regulation D to allow for general solicitation and a provision allowing crowdfunding, which will grant startups the ability to raise capital via the Internet. Both...
Are lawyers really all that important for letters of intent (LOIs)? This post discusses the benefits and implications of having and not having legal counsel during the initial stages of a business deal or venture.
Rule 506 of Regulation D is the most commonly used exemption from securities registration requirements for startups to raise capital. There can be no general advertising or solicitation but an unlimited amount of money from "accredited investors" can...
Article is the fourth in a series exploring techniques to attract and retain important and key employees through the use of profits interests. Profits interests are interests in a Parternership's or LLC's future profits without using existing...