This article introduces the "confection theory" of entity formation: LLCs are like hard, sour lemon drops, whereas corporations are pieces of milk chocolate that melt in your mouth.
App.net took a wrong turn when it published Developer Terms insisting that App.net would own, outright, any feedback submitted to it. This post points to discussions on App.net and on GitHub about the issue, and suggests substitute license language.
Notes on a talk by Seattle lawyersDavid Brenner and Bruce Goto about how to mitigate risks posed by reliance on cloud services.
When should your business think about repurchasing shares? This article helps clarify the thought process behind the answer to that question, with an explanation of the economics of share repurchasing, some points about when share repurchases...
This article is a companion piece to a prior article which detailed the advantages and disadvantages of using equity financing to fund your small business or startup. The article linked here focuses on the other part of the capital structure,...
This article surveys current news and highlights several business news stories involving executive pay from across the globe. The article looks at current trends in American executive pay in light of the stagnation of the middle class and...
A poison pill is a corporate governance device which has the practical effect of giving a corporation's board of directors the final say over any takeover attempt. Many regard poison pills as friendly to boards of directors and contrary to...
A poison pill is a corporate governance mechanism which serves to make the corporation adopting the poison pill prohibitively expensive to acquire absent the consent of that corporation's board of directors. This article reviews the facts...
This article reviews several arguments from a high-profile lawsuit in which legacy TV networks are suing Dish Networks over equipment and software which allows Dish subscribers to watch TV shows commercial-free (albeit with a time-shift). As...
This article analyzes JP Morgan's recently announced huge trading loss to illustrate how Delaware courts analyze whether directors fulfilled their duties to oversee the business and affairs of the corporation; since most corporate law rules apply to...