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Compliance & Securities

Payroll protection program
Apr 02 2020
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Payroll Protection Program Loan Forgiveness Limitations

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On March 27, 2020, the Corona Virus Relief and Economic Security Act (“CARES Act”) became effective.  Included within the CARES Act is the Paycheck Protection Program (“PPP”), which authorizes the Small Business Administration (“SBA”) to guarantee loans to certain eligible small businesses.  One of the unique features of the PPP loans is that, unlike traditional SBA loans, the lender may request to have the principal amount of the loan forgiven.  There are limitations on the…
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Nov 10 2019
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Large Tech Company Embraces New California Privacy Law

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Many consumers have grown frustrated and skeptical of large companies and social media platforms neglecting to take necessary measures to protect their personal data. As a result, states are taking action to help fill the void. California is a prime example. The California legislature passed one of the most comprehensive privacy laws in the country, the California Consumer Privacy Act (“CCPA”). This legislation is set to take effect on January 1, 2020; however, the actual…
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Oct 25 2019
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Is Your Business Ready to Comply with the Newly Enacted California Consumer Privacy Act?

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If you own a business in California, get ready to comply with a newly enacted set of regulations governing the privacy rights of consumers to certain types of data. The legislation, known as the California Consumer Privacy Act (CCPA), is a major piece of privacy legislation that could have more repercussions on U.S. companies and businesses than the landmark General Data Protection Regulation (GDPR) that went into effect in the European Union. Impact of the…
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Jul 14 2019
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How to Utilize Intellectual Property to Generate Income

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One of the most important assets of a startup business may be its intellectual property. This term legally encompasses creations of the mind, including inventions, artistic work, literary pieces, names, symbols, designs, and images that are used in business In other words, your intellectual property can be the very fabric of your business. It can be strictly protected, or it can be sold and licensed to generate an income stream. Hence, your intellectual property needs…
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Jan 10 2018
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California’s Website Privacy Laws

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In the current age of technology and necessary online presence, most businesses need a website to survive. If your business does run a website, you must ask yourself this question: do you need a privacy policy?Unless your website is non-interactive, such as a blog, the answer will be “yes.” The California Online Privacy Protection Act applies to any person or company whose website or mobile application collects “personally identifiable information”from California consumers. It requires the…
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Dec 12 2017
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The Difference Between Venture Capital and Private Equity

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Both private equity and venture capital are terms used to describe ways that investors acquire an interest in privately held companies as opposed to investing in public companies (like those listed on the New York Stock Exchange or Nasdaq). What follows below is a brief explanation of the difference between venture capital and private equity.No matter what type of investment you are seeking for your business or entrepreneurial endeavor, advance planning, research, and working with…
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Nov 13 2017
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SEC Allows Crowdfunding

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Companies can now offer and sell securities through crowdfunding. The Securities and Exchange Commission (SEC) recently gave the green light under Title III of the Jobs Act. Companies interested in offering and selling securities through crowdfunding should discuss with a qualified business lawyer in Los Angeles, who can explain the new SEC rules regarding crowdfunding. What is crowdfunding? Crowdfunding is a new and growing method to fund business projects. Crowdfunding uses easily accessible outlets, such as…
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Dec 08 2016
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The Importance of Having an Attorney When Crowdfunding Your Business Idea

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Raising money through crowdfunding may seem simple and easy, especially since there are popular websites that claim to streamline the process. Unfortunately, if you do not talk with a business lawyer in Los Angeles before you post your information in order to solicit funding, you could create legal problems for yourself and your business. You could also put your ideas at risk. Your idea for your product or service has value, and you do not…
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Nov 16 2016
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CROWDFUNDING: HOW TO RAISE MONEY FOR YOUR CONCEPTS AND NOT HAVE THEM BE STOLEN

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Whether you are a creator, developer, or inventor, raising capital for your new invention can be one of the most difficult aspects of getting it off the ground. Crowdfunding allows project creators to use the Internet to raise the money needed to fund their projects. Through the investment of small amounts of money by many people, small businesses and solo entrepreneurs can finance their invention or product without going through the hassle of obtaining a…
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