Step 3: Understanding Stock vs. Asset Purchase Agreements
Introduction to Understanding the Types of M&A Agreements What is the main acquisition document you should expect to see in a business acquisition transaction? It depends, but you will typically […]
Prepping for an M&A Deal: The Letter of Intent (LOI)
Series: Prepping for an M&A Deal #2: The Letter of Intent (LOI) After a potential buyer expresses interest in your company, and you have taken care of all the expectations […]
Prepping for M&A: Essentials for Your Business
This blog series, Prepping for an M&A Deal, will provide actionable tips and insights on how to prepare your business for sale. In this first blog, we’ll cover the basics—enjoy! […]
UPDATE: H-1B Electronic Registration Process
As reminded by the United States Citizenship and Immigration Services (USCIS), during last year’s H-1B electronic registration period, the top two user errors were: Creating the wrong type of account; […]
Need to Generate Liquidity from your Business? A Minority Recapitalisation may be the Answer
Business owners may find themselves in situations where they wish to release large amounts of liquidity from their business, whilst retaining overall control of their company. A minority recap may […]
Not Ready to Sell your Company? A Dividend Recap may be the Answer
For most owners of medium-sized companies, the business ties up the bulk of their financial net-worth. When nearing retirement, owners often become aware of the concentration of risk and lack […]
What Options do Entrepreneurs have for Generating Liquidity?
Owners of closely-held businesses can find themselves in situations where they need to release liquidity from their investment but their equity positions are not readily tradable. For these entrepreneurs, a […]
Need to Renegotiate the Terms of your Acquisition? Approaches to Avoiding a Broken Deal
We have seen much speculation about the impact of the Covid-19 virus. One thing for certain is that the impact on businesses continues to be felt, with ongoing disruption to […]
What Compensation and Equity can a Search Entrepreneur Expect?
Reaching agreement with a set of investors represents a pivotal mile-stone for the search entrepreneur, as it is the key to getting started. Other than regulating the funding and conduct […]
How will Covid-19 Affect New Business Formation?
New businesses are the life blood of entrepreneurship. There has never quite been a crisis like Covid-19 before, where the government by its own action brought an otherwise healthy economy […]
So Your Startup is Ready to Issue Stock Options
At some point early in the life of a startup, the founders talk about issuing options to employees and potentially others who provide services to the company. Usually, until that […]
The Impact of COVID-19 on Simple Agreements For Future Equity (SAFEs)
Simple Agreements For Future Equity (“SAFEs”), although introduced relatively recently, have become one of the most common forms of fundraising for startups. The idea of the SAFE is to push […]
M&A Due Diligence in the Post-Covid World
M&A due diligence will adapt to the changing questions asked by buyers and new risk assessments in the post-Covid world. Any sudden disruption to the economy has wide ranging impacts, […]
Remote Working During Coronavirus May Spur Permanent Change
In a mere three months business has been upended and what we once perceived as the status quo has radically shifted. Covid-19 has challenged workers to be productive and efficient […]
Securities Laws Considerations for Early Stage Companies
Startups should ensure compliance with the federal and state securities laws in stock and option issuances, friends and family financing transactions, and issuance of SAFEs and convertible notes. While founders […]
Preparing Due Diligence for a Series A Financing as the Economy Reopens
Preparing Due Diligence for a Series A Financing as the Economy Reopens While the primary strategy for startups remains survival during the coronavirus pandemic, startups can prepare for a Series […]
Can you Get a Loan under the SBA Paycheck Protection Program (“PPP”) if you are a Startup?
Can you Get a Loan under the SBA Paycheck Protection Program (“PPP”) if you are a Startup? Startups may be eligible for PPP SBA loans after careful evaluation of the […]
How will Startup Fundraising be Affected by Coronavirus?
Startups will face headwinds in fundraising in the coming months due to the social and economic disruptions caused by coronavirus, but funding is nevertheless expected to continue, if at reduced […]
What to do if your Business Cannot Meet the Terms of its Agreements during the COVID-19 Outbreak
The COVID-19 (coronavirus) pandemic has presented unprecedented challenges to businesses in the United States and globally. With large parts of the economy shut down, and many employees required to work […]
Preferred Stock versus Common Stock in a Startup
Holders of a company’s common stock should understand the special rights of the holders of the preferred stock that impact the potential return on the common stock. Ownership in a […]
Is there a Market for your Later Stage Startup Shares?
You may be able to sell your later stage startup shares in the secondary market. Employees of startups often receive equity as part of their compensation. If there is a […]
What Happens at the End of the Term of a Startup Convertible Note?
If the convertible note has not converted prior to the end of its term due a financing or sale of the company, the best option is usually to extend the […]
Assembly Bill 5 (“AB 5”) – The Business to Business Exemption – Do you Meet the Exemption?
While AB 5 prevents companies from hiring “gig economy” workers as independent contractors, the business-to-business exemption for businesses contracting with one another can work if you satisfy its many requirements. […]
Incorporating a Tech Startup – The Key Issues
At some point, an entrepreneur is ready to take the concept they have been developing to the next level and start a business, which usually requires forming a business entity. […]
The M&A Nondisclosure Agreement (NDA) – The Key Issues
In an acquisition, the Buyer and Seller will want to keep confidential discussions about a potential transaction and the actual information that they will disclose to each other. Accordingly, the […]
How Delaware Companies Can Fix Corporate Mistakes
Corporate governance mistakes in Delaware companies can often by fixed by using the self-help remedy provided under Delaware General Corporation Law Section 204. Many companies are formed in Delaware, although […]
Understanding a Letter of Intent in an M&A Transaction
Understanding a Letter of Intent in an M&A Transaction At some point in the negotiations between the potential Buyer and Seller of a business there will be discussion of putting […]
Establishing a Subsidiary Company in the US
Is your company considering expanding its business operations to the US? There are a number of ways for non-US companies to enter the US market, including distribution arrangements, establishing a […]
Inspire Business Law Group Represents Tech Company in Cross-Border Sale Transaction
Inspire Business Law Group represented a California tech company in a stock sale transaction to a foreign strategic acquirer.
Ed Grenville Moderates Blockchain and Crypto Panel - Impacting Your Business with Tech Bay Area Advocates (10.22.18)
Enjoyed moderating the Blockchain and Crypto – Impacting Your Business panel with Tech Bay Area Advocates (TBAA) at DocuSign in San Francisco. Thanks to the panelists – Joe Ciccolo (Founder, […]
Inspire Business Law Group Represents Borrower in $10 million Asset-Based Financing Transaction
Represented fintech company in $10 million asset-based financing transaction.
New 2017 Amendment to the California Finance Lenders Law
If a lender makes a loan in California, and the lender is not a bank or other financial institution already regulated by federal or state law, they will be subject […]
Ambiguity in Earnout in Merger Leads to Delaware Litigation
Earnouts – the right to receive additional consideration from the sale of a business after the closing based on achieving future milestones – remain common in M&A transactions, but carry […]
Ed Grenville speaks on the panel “Building Companies for Successful Exits”
Ed Grenville, together with BDO and SiVal Advisors, spoke on the panel to entrepreneurs and investors about the need to consider the exit strategy in the very early stages of the […]