Formation Issues

Delaware’s Corporate Law in the Culture War: What It Means for Startups and Founders

Controversial rulings—combined with high-profile criticism from high profile figures like Elon Musk—have sparked a broader debate about whether companies...

Stockholder Beware, Delaware Chancery Court upholds “Loser Pays” Provision

Last month, the Delaware Court of Chancery issued an important decision via memorandum opinion on a variety of issues...

SEC Proposes Raise To Reg A+, Crowdfunding Limits

The Securities and Exchange Commission has proposed raising the maximum limit for Regulation A+ and Regulation Crowdfunding.

Mar 18 · 2 min read >

SEC Proposal Would Expand ‘Accredited Investor’ Definition

The Securities and Exchange Commission has voted to update its definition of accredited investor, changes that are expected to...

Kik ICO Showdown May Reverberate Across Crypto Industry

The U.S. Securities and Exchange Commission has sued Canadian social media company Kik Interactive Inc. over a $100 million...

SEC Sues Social Media Co. Over $100 Million ICO

The U.S. Securities and Exchange Commission has sued Canadian social media company Kik Interactive Inc. over a $100 million...

Jun 11 · 1 min read >

SEC Provides Clarity For Digital Token Sales

The Securities and Exchange Commission earlier this month issued detailed guidance to companies that want to sell digital tokens,...

Founder’s Stock: Should You Subject It To Vesting Before A Venture Financing?

When the founders of a company invest in their business – either with money or their intellectual property –...

Putting A Cap On Participating Preferred Stock

Participating preferred stock – which entitles the investor to a preferential payment upon liquidation, as well as a share...