I’ve recently come across a couple of interesting articles that I felt were worth sharing with the community. Also, there’s an event on the SPC this week that some of you may consider attending: 1. The Truth about Ben and Jerry’s Widely used as the impetus for the benefit corporation, there was more going on with respect to the sale of Ben and Jerry’s Ice Cream to Unilever than most know. The question is: how much was corporate law to blame for the selling (out) of that socially driven and highly successful business? This article from the Stanford Social Innovation......
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Articles, Benefit Corporation, Finance, Flexible Purpose Corporation, L3C, Mission, Social Enterprise, Social Entrepreneur, social entrepreneurship, Social Purpose Corporation, Venture Capital |
August 15, 2012
Capital and Control: The final two considerations for determining legal structure for your Social Enterprise.
You want to make a change with your new business venture and you’re ready to file the necessary paper work to form a legal structure, but what type of legal...
Articles, Benefit Corporation, L3C, Social Enterprise, Social Entrepreneur, social entrepreneurship |
July 14, 2012
The Latest on Washington State’s Social Purpose Corporation – Is Seattle the Capital for Social Entrepreneurship?
Over the course of my routine internet reading this past week, I came across a large number of blogs and stories regarding the Social Purpose Corporation and some creative ways...
Articles, Benefit Corporation, Flexible Purpose Corporation, L3C, Social Enterprise, Social Entrepreneur, social entrepreneurship, Social Purpose Corporation |
July 4, 2012
The Difference Between a Benefit Corporation and a (certified) B-Corp
I’m often asked: What’s the difference between a benefit corporation and a B-Corp, are they the same thing? No, these are not the same thing. The benefit corporation is a...
Articles, Flexible Purpose Corporation, L3C, Mission, Social Enterprise, Social Entrepreneur, social entrepreneurship, Social Purpose Corporation |
June 7, 2012
Why the Social Purpose Corporation is Necessary: Self-identification and Legitimacy.
Effective today, Washington will recognize a new corporate entity: the social purpose corporation. You can learn more about this legal structure here and here (or even download the legislation’s text...
Articles, Benefit Corporation, Flexible Purpose Corporation, L3C, Mission, Social Enterprise, Social Entrepreneur, social entrepreneurship, Social Purpose Corporation |
June 6, 2012
Are the managers of traditional corporations “really” required to maximize profits to shareholders? A review of eBay v. Craiglist et al, in the argument supporting “hybrid” social enterprises.
Over at her blog Razesquire, Karen Raz asked an interesting question summarized as follows: where in the law does it say that traditional corporations must pursue a duty to maximize...
Articles, Benefit Corporation, Flexible Purpose Corporation, L3C, Social Enterprise, Social Entrepreneur, Venture Capital |
January 30, 2012
Before Raising Money – Identify Your Liabilities
As more social enterprises seek to obtain investment capital to help grow their business, it is important for Officers, Directors, and Founders to identify potential liabilities, and deal with them,...
Articles, Benefit Corporation, Dispute Resolution, Flexible Purpose Corporation, L3C, Social Enterprise, Social Entrepreneur |
January 15, 2012
Dispute Resolution Planning for Social or Hybrid Entities
With the uncertainty surrounding new corporate entities such as the Benefit Corporation, Flexible Purpose Corporation, and Low Profit Limited Liability Company, it is important for these businesses to contractually control...