Blog & Announcements
Oh No! I don’t own what I thought I did – saving your deal when you are the infringer
By: Robert Hawn, Esq. As a business lawyer to many technology start-ups in Northern California, I work with software companies to assist them in licensing their code to OEMs and end users. When providing code to large company licensors, the licensing agreements are...
What Should LLC Managers Get Paid?
By: Tamara B. Pow, Esq. A question I am frequently asked by LLC owners how LLC managers should get paid? A limited liability company operating agreement should clearly outline payments to both Managers and their affiliates, since these payments are typically made...
Consider Carefully the Powers Granted to LLC Managers!
By: Tamara B. Pow, Esq. When starting an LLC, carefully consider the powers granted to an LLC manager. Your operating agreement should have customized provisions regarding what the manager(s) can and cannot do – do not just accept some form language. As an LLC...
Electing and Removing LLC Managers – What You Need to Know
By: Tamara Pow, Esq. Beware of LLC Managers that can’t be removed! As a business attorney, I work with many LLCs in San Jose and the Bay Area. Some of those have had to remove their LLC manager for one reason or another. I cannot overemphasize the importance of having...
Corporation Alert! New Statement of Information Forms
By: Tamara Pow, Esq. The California Secretary of State has updated business entity forms yet again this year. In July I wrote a blog referencing the changes to certain LLC forms including the Articles of Organization, Certificate of Dissolution, Certificate of...
Bob Hawn presenting to the Internet & Privacy Law Committee on November 8th
Bob Hawn will be presenting a seminar on Website Terms of Use and Contract Formation to the State Bar of California's Internet and Privacy Law Committe on November 8th.
Should your LLC be Member Managed or Manager Managed? Don’t take this critical decision lightly.
By: Tamara Pow, Esq. One of the first decisions you have to make when you decide to form a limited liability company is whether the company will be managed by the members or by one or more managers. This decision is so important, it is one of the very few items of...
Online Agreements: Size Matters!
By: Robert Hawn, Esq. I recently had the opportunity to speak on a panel at the State Bar of California Annual Meeting to discuss doing business online. As a technology lawyer practicing in the San Francisco Bay Area, I constantly advise clients on their online...
California Conforms to New Tax Due Dates – Update your Agreements!
By: Tamara B. Pow, Esq. On December 8, 2015 I published a blog about new federal partnership tax return filing deadlines . At that time, the IRS had just announced that partnership and S corporation returns will be due 2 ½ months after year end, or on March 15 th if...
LLC Operating Agreements – Failure to Contribute, Part II
By: Tamara B. Pow, Esq. What do you do if your LLC needs capital and a Member fails to contribute their share? The question of “What if the Company needs more money?” was addressed in Part I of this blog . If it is at all possible that the LLC will need additional...
Strategy Law is sponsoring C2SV
Strategy Law is proud to be a sponsor of Creative Convergence Silicon Valley (C2SV) , a cutting edge conference bringing together business disrupters and technology luminaries along with established and emerging musical artists for two days of forward looking...
LLC Operating Agreements – Failure to Contribute, Part I
By: Tamara B. Pow, Esq. Don’t get caught with an underfunded LLC. Plan ahead in your LLC Operating Agreement. The question of “What if the Company needs more money?” is often not addressed by an LLC until it is too late, the LLC is in need of cash, and has no ability...
Promissory Notes: Practical Considerations When Entering Into A Note
By: Serge Filatov, Esq. One of the easiest ways to document a loan is through the use of a promissory note. Practicing here in Silicon Valley and San Jose, I have documented countless promissory notes for clients. If you are considering entering into a promissory...
I’m So Happy – Keeping the Peace With IP Infringement Clauses
By: Robert V. Hawn, Esq. Many technology companies generate their revenue by providing their technology, often in the form of software, to customers through licenses, subscriptions, or software as a service platform. As a technology lawyer practicing in Silicon...
Loans and Liens and . . . What Can Go Wrong Here (Part 2)? The Devil is in the Details – Protecting a Lender’s Collateral Position Under the UCC
By: Jack Easterbrook The lender gets loan documents signed by the borrower and takes collateral from the borrower to secure the debt. It sounds easy and familiar. So what could go wrong? The progression of cases interpreting the Uniform Commercial Code (UCC) provides...
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