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Best State for Incorporating Your Business
Apr 25 2025
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Best State for Incorporating Your Business

Posted by Posted in Entity Formation & Structure
If you are looking to incorporate your business, then an important question needs to be answered – which state do you want to incorporate in? For many years, Delaware was the go-to state for businesses looking to incorporate in the United States. For example, 80% of all US IPOS were incorporated in Delaware and 68% of all Fortune 500 companies are incorporated in Delaware. Why? Because Delaware features business-friendly laws, has a solid legal system,…
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Apr 10 2025
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Navigating Regulatory Compliance for Tech Startups in 2025

Posted by Posted in Compliance & Securities, Startup & Emerging Companies
Despite many startups serving as budding businesses working with limited resources, they must nevertheless comply with an array of legal obligations and regulatory requirements. Why? Because failing to comply with these legal requirements will expose the startup to adverse consequences such as legal penalties, loss of investor confidence, and security breaches.  In addition, in the age of business interdependence, compliance for startups and smaller companies can help them gain a competitive edge in opportunities for…
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Feb 10 2025
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How AI is Transforming Legal Risks for Businesses in Los Angeles

Posted by Posted in Compliance & Securities, Intellectual Property & Technology, Risk & Asset Protection
Los Angeles is home to an array of tech-driven business enterprises, including companies that are at the forefront of Artificial Intelligence (AI) development and innovation. The recent advent of AI tools and applications is both exciting and concerning. Why concerning? Because AI is creating potentially new legal risks and/or revealing existing legal risks that need to be addressed by LA business owners. Legal Implications of AI for Los Angeles Business Owners AI tools and systems…
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Legal Challenges for Entertainment Startups in Los Angeles
Jan 15 2025
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Legal Challenges for Entertainment Startups in Los Angeles

Posted by Posted in Startup & Emerging Companies
Los Angeles is generally considered to be the epicenter of the U.S. entertainment industry. Film companies, productions companies, studio lots, etc. call Los Angeles (and surrounding localities) home. This is why Los Angeles is also home to a significant number of entertainment startups and new business ventures focused on expanding and enhancing the entertainment industry. However, amidst the creative and cutting-edge energy of the area, it is vitally important for individuals launching entertainment startups to…
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business attorney los angeles
Oct 23 2024
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How to Get Your Los Angeles Business Ready for Sale

Posted by Posted in Corporate Governance / M&A / Exits
If you are a business owner who is eyeing retirement, interested in pursuing other business opportunities, or you simply want to cash out on your business, it is in your best interest to properly prepare your business for an exit, so it is attractive to prospective buyers at the maximum value. There is no doubt that selling a business in Los Angeles or any other city or state is a major decision that necessitates strategic…
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Pros and Cons of Doing a Series LLC in Delaware (1) - Hakim Law GroupPros and Cons of Doing a Series LLC in Delaware (1) - Hakim Law Group
Sep 24 2024
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Pros and Cons of Doing a Series LLC in Delaware

Posted by Posted in Entity Formation & Structure
If you are considering establishing a limited liability company (LLC) in Delaware, but are looking for enhanced legal protections, it may be worthwhile to consider doing a Series LLC in Delaware.  A Series LLC is a unique structure that allows for the creation of multiple “series” within one LLC, each with its own assets, liabilities, and operations.  Under Delaware law, an LLC is allowed to be composed of an individual series of membership interests.  In…
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AI Regulations Under Consideration in California - Hakim Law Group
Aug 29 2024
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AI Regulations Under Consideration in California

Posted by Posted in Compliance & Securities
California lawmakers recently voted to advance legislation that would require artificial intelligence companies to test their systems and add safety measures to prevent them from being potentially manipulated to wipe out the state’s electric grid or help build chemical weapons — scenarios that experts say could be possible in the future as technology evolves at warp speed, according to the Associated Press. The bill, SB 1047, specifically requires developers of large AI models to conduct…
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Negotiating a License Agreement
Aug 06 2024
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Negotiating A License Agreement

Posted by Posted in Contracts & Agreements
License agreements are necessary for the parties on each side of the transaction. Licensors, the inventors of software, creators of design, or benefactors of brand recognition, can monetize their intellectual property. Licensees can use the authorship or invention of others without being accused of infringement. A license agreement transfers the right to use and transforms infringement into a permitted act. At the Hakim Law Group, our team of intellectual property attorneys is here to guide…
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M&A Creating Value at Integration - Hakim Law Group
Jul 24 2024
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M&A: Creating Value at Integration

Posted by Posted in Corporate Governance / M&A / Exits
Companies with an ambitious merger and acquisition record may deliver higher returns for shareholders. However, the returns evidenced on paper will not become a reality without a successful integration. This is where the value is created, the crux of an M&A plan. The business law professionals at The Hakim Law Group want the business leaders in the Los Angeles area to recognize integration as a skill set, not as another process in an M&A plan.…
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