Reference Materials

SEC Provides Guidance On Regulation A+

The Securities and Exchange Commission’s (SEC’s) Division of Corporation Finance in November issued four new Compliance & Disclosure Interpretations...

SEC Adopts New Rule 147A To Facilitate Interstate Securities Offerings

The Securities and Exchange Commission (SEC) recently adopted new rules aimed at modernizing how companies can raise money to...

Rule 504 Of Reg D Could Become More Useful Following SEC Amendments

The Securities and Exchange Commission (SEC) recently adopted amendments to Rule 504 of Regulation D under the Securities Act...

Revenue-Based Financing: An Alternative Funding Option

The hardest part of starting a business can often be figuring out how to raise capital necessary to fund...

Dec 9 · 2 min read >

Sandbagging In M&A Deals: What Does Silence Mean?

Sandbagging in billiards and other games happens when someone pretends to be a worse player in order to trick...

Independent Contractor Or Employee? What Businesses Need To Know

Employee misclassification has been a hot topic these days as as growing number of businesses increasingly turn to contract...

Dec 1 · 4 min read >

Shareholder Inspection Rights In Delaware

An earlier post covered the inspection rights of shareholders of California corporations. Here, I cover the rights provided in...

Shareholder Inspection Rights In California

Corporate shareholders have certain rights to access the books and records of a company in which they hold stock....

Corporate Dissolution: An Alternative To Business Bankruptcy

Each year tens of thousands of financially troubled businesses file for bankruptcy. But there can be other legal options...

Drag-Along Provisions: What Startups Need To Know

It is common for shareholder agreements to include what is known as a drag-along, or bring-along, provision. This provision...