Legal Questions

Essential legal issues that startups face, including corporate formation, fundraising documentation, founders stock, and board relations.

2 Votes
3 Answers
2.5K Views
LLC, 3 members, 1 wants out

I am a member of an LLC along with two others. We each own 33% of the company and have invested very little. One of the three members has expressed interest in cashing out, severing all ties to...

asked Jan 11 '12 at 17:16
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Rachel557
11 points

1 Votes
2 Answers
2.32K Views
H1-B visa qualifying criteria for employer

I'm a non US citizen, member of a US Domestic LLC formed last year. The LLC pays taxes in the US, has both EIN and DUNS and has no employees yet. I would like to sponsor a non US citizen...

asked Jan 14 '12 at 01:57
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Tchitcho
18 points

2 Votes
3 Answers
2.58K Views
Is it necessary to use a law firm to file a trademark?

Just got quoted 3k from our legal team to file for a trademark. They cited their search report was much more thorough than what we could do on our own. Anybody filed successful trademarks on their...

asked Jan 14 '12 at 08:47
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Eric Littleton
107 points

0 Votes
3 Answers
2.56K Views
Is it legal to host unlimited domains in an unlimited hosting plan?

I have an unlimited webhosting plan from http://www.domainindia.org/web_site_hosting_india.php. I want to give my users a registered domain name like: usersite.com and provide a cpanel to them...

asked Jan 15 '12 at 19:58
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Sunil Kumar
1 point

1 Votes
9 Answers
4.69K Views
Looking for most permissive license for human readable source code

Having a web site that may contain source code posted by users, I am in need of a completely obligation free license, and a statement by which users agree code posted by them is allowed to be...

asked Jan 16 '12 at 12:25
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Leo
120 points

-1 Votes
2 Answers
1.57K Views
I have signed a non-compete agreement in the IT industry with my current employer

What if I make my father register the business? Can the employer close the business if my father will be the legal owner of the business? I am in Canada and my contract allow me to work as...

asked Jan 16 '12 at 18:14
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Iron Mannnn
3 points

0 Votes
3 Answers
2.58K Views
Create a US Company but working abroad

I want to create a company in the US and in the process obtain a Investor Visa. Although we want to focus on the US market, our plans are not to move right away there. The main reason is the...

asked Dec 29 '11 at 19:34
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Javier Chamizo
6 points

0 Votes
1 Answers
3.46K Views
Interstate commerce business registration requirements

What states in the United States, if any, require business registration to solicitate business and collect revenue? In this scenario, the business has no opperations in the state the business is...

asked Jan 2 '12 at 07:05
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Blunders .
899 points

7 Votes
5 Answers
2.74K Views
Developing software during my free time

I work in Qatar as an IT administrator. I have developed a piece of software for my company in my free time. Developing software isn't part of my duties. If the company asks for the program's...

asked Jan 3 '12 at 12:07
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Supun Silva
36 points

4 Votes
7 Answers
3.51K Views
New Business Idea - Who owns it?

I was looking for freelance work and met with a lawyer who had some work for me. The lawyer asked if I could build a product for him. I told the lawyer I can build the product and will charge him a...

asked Dec 19 '11 at 05:21
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Antonio
21 points

2 Votes
2 Answers
2.74K Views
Is it considered legal forming a business through your parents?

I'm 15, and an enthusiast programmer, I've built loads of web based applications, some of which have even been called useful after demo'ing them to others, apps that have not been created (atleast...

asked Dec 22 '11 at 01:53
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Karan K
26 points

1 Votes
1 Answers
2.6K Views
Interpreting Invention Assignment: what does "is not related" to the company's business mean in employment contracts?

I'm talking about those Invention Assignment clauses in employment contracts (especially with regards to California labor code section 2870) "Prohibiting employee assignment to an employer of...

asked Dec 25 '11 at 21:34
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Kamikaze Pilot
253 points

1 Votes
2 Answers
2.78K Views
court precedence on California labor code section 2870

Does anybody know of any actual court cases involving California labor code section 2870 which gives a clear precedence as to how judges would rule in such disputes (eg. a programmer makes...

asked Dec 26 '11 at 17:26
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Kamikaze Pilot
253 points

0 Votes
1 Answers
2.03K Views
Does anyone know of golfcentric angel investors?

I have been working on finding an investor for the LTPGA - The Less Than Perfect Golfers Association, Inc. Finding a golf-centric angel who has a sense of humor would be ideal. The basic math is...

asked Dec 27 '11 at 14:39
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Bubba G
1 point

3 Votes
2 Answers
2.69K Views
Can you explain this angel Investment term sheet?

My startup received a Terms Sheet from an investor and my co-founder and I are trying to figure out if they are saying that they are going to want 30% of our profits at the end of every year or if...

asked Dec 9 '11 at 10:04
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Tom Delaney
16 points

2 Votes
3 Answers
2.74K Views
How does a co-founder protect against being terminated and losing unvested equity?

If there's a Founder's Agreement in place with a vesting schedule, how does one actually go about firing a co-founder such that he loses his unvested equity? For a three person startup (split...

asked Dec 13 '11 at 05:35
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Helo
11 points

0 Votes
4 Answers
2.66K Views
Leaving the team but dispute over shares?

I am a software developer and I have been working with a few others in a startup for just over a year. However there has been a lot of conflicts lately and I can no longer work with them. I have...

asked Dec 16 '11 at 03:43
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James Gu
103 points

4 Votes
3 Answers
2.58K Views
Domains and trademark issues

When my company first got setup and registered domains, we were unable to get the .com of our company name, as it was already registered. We have all of the other top level domains for our name...

asked Dec 17 '11 at 03:31
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Bwasson
1,162 points

11 Votes
4 Answers
3.09K Views
Running an aggressive promotion against a competing product

We want to run a promotion on our website. In the promotion, if someone can provide us proof of purchase of a competitor's software license, we will give them a free software license of our...

asked Dec 2 '11 at 04:01
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James
58 points

2 Votes
1 Answers
2.38K Views
How do I protect myself contractually while providing software consulting services?

My partner and I are software developers. We have formed an LLC and are starting to take consulting gigs. We have spent most of our careers at larger companies and have never been involved with...

asked Dec 2 '11 at 15:15
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Frank
113 points