Legal Questions
So my business is called The Hot Wafel (Wafel is spelled like this in Europe).A competitor is using the words "Hot Waffles" to describe what he offers to the public. Is their potential conflict...
What does the term: nonrecourse deduction(s) mean?In legal documents I have seen the term nonrecourse deduction(s) used as it pertains to taxation and other economic factors. It is not clear to me...
1 point
If we were to incorporate our company in another company (where one of our co-founder lives), would that seriously limit our ability to raise money from venture capital firms?The primary benefit to...
7 points
The advice I have found so far indicates that you need product liability insurance if you "make a change" to a product (even if you are not the original manufacturer). Is adding software is a...
Under my agreement with my current employer, they retain ownership of everything that I create, both at work and side projects (the legal wording is very lose on this, and I guess it's like that...
12 points
Hello, Need an advice. We are foreigners who have registered an LLC company in Delaware and we do have EIN. We are planning to do an e-commerce business in USA (online shop) with the help of...
6 points
I'm a one man startup with a high price, low volume, niche software product that I'm considering selling in the US. However, I'm concerned that it may infringe a US patent without me knowing...
I am located in India. I currently have a full time job and due to financial constraints, I need to continue this. I intend to start a firm that will provide Web Development Services. I need to run...
122 points
We are building a website which will aggregate listings from various other websites. I would build my website to add extra search filters and other useful tools around this content that the other...
I have a small ecommerce store which generates a profit ($200K to $300K a year) that someone would like to purchase. The value of the deal isn't huge, it's just 1.5x the yearly multiple. As such,...
12 points
We have a small B2B application and have poured a lot of energy and resources into designing a great user experience. Our closest competitor just "overhauled" their own UX and it's a blatant rip...
2 points
I have been offered a job that is online based, working entirely from home. I reside in Hong Kong, the company is formed under HK law but the contract states that it will be governed by New York...
A larger competitor recently sent us a legal letter asking us to change certain things about our app because it infringes on their app (it doesn't).Is it legal for us to make this letter public on...
6 points
Is it possible for a fund raising deal with a venture capitalist to fall apart after a term sheet has been executed?If so, what are some common reasons why deals fall apart at this stage?
7 points
As an employer, is it even worth getting employees to sign an NDA? Do they provide any significant legal protection (enforceable)?Most startups don't even have the resources to pursue a legal...
17 points
I was doing business under a DBA, then I became incorporated. When I incorporated, I applied for a new EIN - and got one. I have since closed that corporation and now again doing business as a...
11 points
Let's say that I start a McDonald's franchise and create social media accounts for my specific location to engage with my customers.Who would own those social media accounts? I, as a the franchise...
7 points
What are the specific reasons to incorporate your company in Delaware instead of the state you reside in? Almost everyone states that Delaware is the primary choice for businesses.What are some...
32 points
I have little funds to start a business (rent space, etc). I have an idea for a cookies company for a very specific target audience: Paleo-friendly cookies made without carbs.Would it be legal for...
I'm confused on how contracts with overseas vendors would work in the event there is a dispute.Lets assume I'm working with a development vendor in India. We have a contract and they decide to not...
7 points
