Intellectual property

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Unsettling – Judge Rakoff asks the SEC for an explanation in Citigroup matte

Articles, Business Transactions & Services, Flat Fees, Intellectual property, SEC, Social Enterprise & Nonprofit, Startup & Formation / By

Securities case on hold as Judge asks SEC to provide a factual basis for their settlement agreement with Citigroup. On October 19, 2011, the Securities and Exchange Commission (“SEC” or the “Commission”) filed a lawsuit against Citigroup Global Markets Inc. (“Citigroup”) in the United States District Court, Southern District of New York. The Allegations In …

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Dispute Resolution Planning for Social or Hybrid Entities

Articles, Benefit Corporation, Business Transactions & Services, Dispute Resolution, Flat Fees, Flexible Purpose Corporation, Intellectual property, L3C, Social Enterprise, Social Enterprise & Nonprofit, Social Entrepreneur, Startup & Formation / By

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 the dispute resolution process. Legislation acknowledging new forms of business entities called “Benefit Corporations” (enacted in six states California, Maryland, Virginia, Vermont, Hawaii and New …

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