Publications

Pros and Cons of Taking Venture Capital

The majority of startups never get to the point where taking venture capital is even an option. This is because they either fail outright or they simply never build the type of company profile that fills venture capital investors’ imaginations. The Pros Receive a Major Infusion of Capital One the most obvious

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The Special Features of a Business Acquisition Agreement

Throughout our history, at Lee Shome & Kennedy we have overseen mergers & acquisitions for a wide array of companies, with ranges above $50 million all the way down to under $1 million. It’s this practical application of business law that has allowed us to understand the intricacies of business acquisition agreements.

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The 5 Elements That Constitute a Binding Contract

In order for a contract to be legally binding, a few key elements must be demonstrated. In certain instances, additional features may be added to cover the best interest of the signing parties, but these five points will cover the major requisites. Offer Acceptance Consideration Mutuality of Obligation Competency and Capacity Legally

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Practice Due Diligence When Buying A San Diego Business

San Diego Business and Due Diligence When buying a business, there are always risks. The process becomes even more nerve-wracking because a business is different from any other asset one can buy. While some of the aspects of the business may be tangible, many are not. The business will likely have receivables,

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Workplace Discrimination – The Hidden Costs of Hidden Harassment

The United States Equal Employment Opportunity Commission, EEOC, released a report on the Study of Harassment in the Workplace. The results highlight the hidden costs that often go uncalculated in an environment of harassment. Organizations, public and private, would be wise to familiar themselves with the hidden dangers of workplace harassment. Along

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The Importance of Maintenance on your Corporate or LLC Status

Legal Requirements Never before has it been easier to form a Corporation or LLC. Once you have made a decision between the two structures, the details of establishment can be implemented relatively quickly. With agencies boasting 15-minute forms and 24-hour Articles of Organization, the convenience often belittles the subsequent maintenance. We would

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The Role of External Consultancy In A Closely Held Corporation

Some Limitations and Restrictions Closely held corporations, sometimes called close corps, are companies controlled by a small number of shareholders. In most cases, the original investors maintain control of their shares for the long-term, with little interest in selling shares or relinquishing any powers. “Closely held” is defined by the IRS as

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Your Start-Up’s Name Could Lead to Trademark Issues

Avoid Problems From The Start Founders of up and coming companies have a dear place in their heart for the name of their startup. Some of them even have a business name before they have a business model. The majority of issues that evolve into trademark litigation can be avoided. While there

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Ensuring Compliance While Conducting Background Checks

Authorizing Background Checks Must Exclude Liability Wavers Conducting background checks on prospective employees is a practice companies large and small carry out to ensure the candidate is who they say they are. For organizations operating in the upper echelons of their industry, background checks are mandatory. Employers, therefore, must understand the processes

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Applying For A Trademark

  Trademark Steps Background: The legal definition of a trademark is, “any word, name, symbol, or design, or any combination thereof, used in commerce to identify and distinguish the goods of one manufacturer or seller from those of another and to indicate the source of the goods.” 15 U.S.C. §1127. Simply, a

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