Avoiding Patent Infringement Litigation
Patent litigation can be cost-prohibitive for startups. The costs of defending your business in a patent infringement lawsuit can easily exceed $1…
How to Find Software Development for a Minimally Viable Product
June 19, 2013contracts,employment,IP,softwareEmployment Law,Copyright
Startups often find themselves in search of developers for their minimally viable product. A common issue for startups is where to find software…
To 83(b) or Not to 83(b) (Part 2 of 2)
May 30, 2013EquityEquity Compensation
The tax implications of failing to file an 83(b) election when receiving restricted equity can sting. Let's further examine the impact of…
To 83(b) or Not to 83(b) (Part 1 of 2)
May 28, 2013EquityEquity Compensation
Failing to file an 83(b) election can be as painful as being stung by 83 bees. Equity Compensation Founders and early employees of a company often…
Conversion From an LLC to a C Corp: Don’t Fear the Paperwork!
May 10, 2013EntityEntity Formation
Converting to a Delaware C Corp might not involve as much paperwork as you think. Converting from a Michigan LLC to a Delaware C Corp is a common…
Design Patents: An Alternate Form of IP Protection
May 3, 2013IP,PatentsIP,Patents
Apple’s 633,092 design patent, one of the patents at issue in the recent Apple v. Samsung, covers the ornamental design of an electronic device. The…
Is the risk of a non-accredited investor worth it?
April 30, 2013financing,securitiesFinancing,Securities Law
Using non-accredited investors is possible but may add risk and decrease flexibility in raising capital. A company offering to sell equity to…
How to acquire trademark rights in a company or product name?
April 22, 2013IP,TrademarksIP,Trademarks
Entrepreneurs can benefit from registering their company or product names as trademarks with the United States Patent & Trademark Office in…
The Risks of Using Presentation Slides as Your Provisional Patent Application
April 17, 2013IP,PatentsIP,Patents
Entrepreneurs often believe that a set of powerpoint slides will automatically serve as an effective provisional patent application. A…
Avoiding a Heart Attack with Delaware Franchise Tax
April 16, 2013EntityEntity Formation
Relax - There are two ways to calculate your Delaware Franchise Taxes. Image from Wikipedia Commons. There are two ways to calculate your Delaware…