Easy To Do, Frequently Missed: Limiting Your Liability for Online Content August 30th, 2010MMM Tech Law Video Channel General Counsel/In-House Attorneys, Privacy/Security, Risk Management It is a fact of life that companies frequently write their own terms of use and privacy policies rather than using an attorney. Time and money are always short, and these things would seem easy to do. After all, plenty of websites have examples that other lawyers have pored over. Why not just adapt that work? Here’s one thing you may miss. Many website terms of use have a reference to what happens when your site ends up displaying someone else’s copyrighted work. The terms of use have a section that gives a name, address and contact information where notices of Read More
The “Series A” Dilemma August 30th, 2010Venture Capital The “Series A” Dilemma The line is growing of entrepreneurial companies seeking Series A funding in the range of $1-2 million. In the course of my three decades of representing tech companies, I can’t remember so many entrepreneurs looking for Series A money at the same time. This is a good news/bad news story. The good news is there are dozens of entrepreneurs starting companies and bootstrapping them with their own money and cash from friends and family. A significant number of these new entrepreneurs are first-timers — and many of them are bouncing back from a recent lay-off or consulting role. The Read More
John C. Yates Welcomes You to MMM Tech Law & Business Report August 27th, 2010MMM Tech Perspectives MMMTechLaw.com developer and Chair of MMM’s Corporate Technology Practice discusses why the Report is a critical resource for entrepreneurs, investors, and strategic partners. Read More
Too Early to Call Recent Increase in M&A Activity a Trend? August 27th, 2010M & A Editor: Carl J. Erhardt August is shaping up to be a busy month for M&A activity. However, a broad pickup in the nation’s economic growth — fueled by consumer spending –likely is needed for this increased activity to become sustainable. Read the NY Times article here. Read More
Yates Perspective – Vol. I August 26th, 2010MMM Tech Perspectives The goal of the MMM Tech Law & Business Report is to inform, educate and socialize important business and legal issues directly relevant to our target audience — entrepreneurs, investors and strategic partners. For over three decades the MMM Corporate Technology Group has delivered value added legal services and information to hundreds of clients in our tech ecosystem. www.www.mmmtechlaw.com now organizes, summarizes and provides practical pointers relating to legal and business issues impacting entrepreneurs and growing technology and business services companies. In my column, Yates Perspectives, I’ll give my thoughts on current issues of direct relevance to entrepreneurs. This Report also includes Read More
How the US Supreme Court Case of Bilski v. Kappos Impacts VCs & Investors August 25th, 2010Patents/IP Software Editor: John R. Harris The dust is still settling after the U.S. Supreme Court’s Bilski v. Kappos decision about the patentability of processes (business method and otherwise) on June 28, 2010. Scholars and experts in other parts of the world seem to agree that the recent decision about the patentability of processes is, for the most part, “business as usual” here in the U.S. Europe in particular has long been hostile to the patentability of computer software and business methods. According to one European legal scholar’s observation, the “machine-or-transformation” test discussed in that case is either: “(i) woefully imprecise and ill-equipped for determining Read More
IPO Market in a Traffic Jam August 25th, 2010Tech IPO Comment: IPOs are experiencing problems and delays from pricing and unstable markets. Full article. Note: The Wall Street Journal requires a subscription for viewing this article. Read More
Atlanta: The Hotbed of Banking Innovation August 25th, 2010Venture Capital Financial Tech Finextra holds a “Twitter-view” with Atlanta start-ups, consultants and advocates. Read it here. Read More
Understanding the New Section 409A Plan Document Correction Program August 25th, 2010Finance, Accounting & Compensation, Tax The “document correction program,” as the IRS refers to it in Notice 2010-6, is intended to motivate taxpayers to review nonqualified deferred compensation plans in order to identify and correct any provisions that fail to comply with Section 409A. This white paper by Manager Jeffrey A. Martin and Partner G. Edgar Adkins, Jr., in our Washington National Tax Office explores the various provisions of the correction program, including eligibility requirements, written document failures that can be corrected, actions and reporting requirements that apply to all document failures corrected under the program, and special amendment period and transition relief Read More
How to live “Green” Within Your Financial Means from the Creator of Dilbert August 24th, 2010Clean Tech/Green Energy While trying to build a green home, Scott Adams, creator of Dilbert, ran into practical roadblocks. Mr. Adams wanted the “greenest house on the block,” but he didn’t want to build it out of “twigs, pinecones and bird nests.” As he writes in the Wall Street Journal, he ultimately came up with a more pragmatic definition of “green”. His solution proposes that we live the life we want “with as much Earth-wise efficiency” as our wallets and our busy schedules allow. Read Article. Read More