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The Greening of Bitcoin
Elon Musk performed his magic on the price of bitcoin again on May 12, 2021…just not in the way most fans of the cryptocurrency had
SEC Extends Dodd-Frank Whistleblower Protection
A recent SEC action (June 23, 2021) regarding Guggenheim Securities, LLC (“Guggenheim”) extended the Dodd-Frank Act whistleblower protections to include employee manuals and training materials. Whistleblower Protections
Non-Disclosure Agreements – Protecting The Company’s Crown Jewels
If you are an entrepreneur, you’re familiar with Non-Disclosure Agreements (“NDAs”), sometimes also called “Confidentiality Agreements.” The purpose of an NDA is to protect company-owned proprietary
What Should You Expect from Your Outside General Counsel?
In my last blog on Outside General Counsel (OGC), we discussed four reasons why you should have an OGC. A key question is, what will the OGC
Four Reasons Your Business Needs an Outside General Counsel
Large businesses have in-house general counsel, a lawyer (or many lawyers) who are employed full-time to provide legal advice for day-to-day company problems, deal with
The Economics of Outsourced General Counsel
In my earlier blogs we discussed some of the advantages to your business of using an outsourced general counsel (OGC), and the types of things a OGC
Nine Steps to a Successful Business Sale – Part 10: Additional Considerations
In Part 9, we discussed establishing a Transition Committee to develop and implement a transition plan. If you follow the nine steps listed above, you should
Nine Steps to a Successful Business Sale – Part 9: Manage the Transition
In Part 8, we discussed Seller Financing. Let’s assume that careful seller financing closes the financing gap. In this part, we consider transition issues. The buyer
Nine Steps to a Successful Business Sale – Part 8: Seller Financing
You’ve gone through these steps with your prospective buyer. You’ve answered all the due diligence issues, gotten agreement on some thorny problems, and are ready
Nine Steps to a Successful Business Sale – Part 7: Earn-Outs
In Part 6, we discussed handling communications of the sale with employees, customers, and other stakeholders. In this part, we will discuss earn-outs, a common component
Nine Steps to a Successful Business Sale – Part 6: Communications
In Part 5, we discussed the process of documenting the transaction and the importance of your professional advisors in the process. In this part, we consider
Nine Steps to a Successful Business Sale – Part 5: Documenting the Transaction
In Part 4, we discussed managing the terms of the sales transaction. We’ve noted in earlier parts of this article that the sale of a business
Nine Steps to a Successful Business Sale – Part 4: Manage the Terms
In Part 3, we discussed “cleaning up your act,” to get your business in order for a potential buyer to perform due diligence. In this part,
Nine Steps to a Successful Business Sale – Part 3: Clean Up Your Act
In Part 2 we talked high-level about the process of selling a business. We briefly mentioned the due diligence process. In this part, we discuss the due
Nine Steps to a Successful Business Sale – Part 2: Understanding the Process
In Part 1, we considered some factors that go into deciding to sell your business. We mentioned the need for a good M&A team to help.
Nine Steps to a Successful Business Sale – Part 1: Goals and Planning
You’ve spent years building a profitable business. Now you’ve reached a point in your life that makes you pause and consider the future of the