The Small Business Association has issued a new proposed rule that would establish a safe harbor from fraud penalties for a business that acted in good faith in incorrectly representing the firm as being small. More information can be found here: SBA Rule.

Effective July 1, 2014, the minimum wage in California will increase from $8.00 to $9.00 per hour.  More informaiton can be found here.

Our data privacy and security team has released its quarterly update on trends in privacy and security class action litigation. Check it out here:

Ever wonder what might happen if you start a business with a close friend and although the business takes off, the relationship between the two of you sours after a couple of years?  Or what if you don’t know your co-founder all that well and it turns out she has […]

If your company hires unpaid interns, you may be risking serious litigation for violating labor laws.  More and more companies of all sizes – including major ones such as NBC — have found themselves facing suits from their former interns.  In fact, it’s become so common that there is a cottage industry of […]

Entrepreneurs are often advised to organize their new business as a corporation due to certain perceived advantages. Chief among the perceived advantages is that the corporate form primes the company for an eventual public offering, a tax-free acquisition by a public company, or an investment by a venture capital firm.[1] However, […]

Among the first and most valuable assets owned by a start-up is its brand name.  Your brand name is your reputation.  It identifies your products to consumers and differentiates you from others in the marketplace. Trademarks are the legal instruments that protect your brand.  They are also assets that can […]

This past Friday, the long-awaited Veronica Mars movie was released in theaters. With it came renewed attention to the concept of “crowdfunding,” which is raising money through a large number of small investors. Through the crowdfunding website Kickstarter, more than 90,000 individual backers gave $5.7 million towards the film in […]

From The use by the founders of Facebook and Twitter of grantor retained annuity trusts (“GRATs”) to reduce estate taxes has been widely publicized. What many founders and entrepreneurs may not realize, however, is that the same techniques may be appropriate for companies with more modest growth potential and […]

When working with start-up companies we are frequently asked whether it is better to form a new entity as a corporation or as a limited liability company.  Unfortunately, there is no one right answer to that question, but we have created the attached chart to identify some high level differences […]