The SEC’s Proposed Amendments for the "Accredited Investor" Definition: A Long-Overdue Change to Increase Access to Private Investments

The Securities and Exchange Commission recently proposed amendments to the definition of “accredited investor” under Regulation D of the Securities Act of 1933, which, if adopted, would expand the categories of individual and entity investors in private securities offerings, including offerings under Rules 506(b) and 506(c) of Regulation D and other federal and state securities […]

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Investor Digital Subscription Platforms: Why You Should Be Interested

Bitcoin, blockchain and security tokens may not be concepts which are applicable to most businesses, but they are part of a new trend that may change the way most businesses raise capital. A digital subscription platform is a tool offered by blockchain companies such as Securitize and Harbor to facilitate a security token offering by

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The New "Silicon Road": Armenia’s Emergence as the Silicon Valley of Its Region

This article originally appeared in Asbarez Newspaper (available at asbarez.com) on January 24, 2020. For over two millennia, Armenia has served as the gateway between the East and the West along the Silk Road, which stretched from the Chinese Han Dynasty to the Roman Empire and included many countries in between. In more recent years,

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Protecting a Business Asset in the Event of a Divorce — Corporate Documents Alone Are Not Enough

Are you concerned about having your future ex-spouse become your business partner? You should be. In California, a spouse who works at their own business, whether the business was started prior to marriage or during marriage, most likely will have to pay a considerable amount of compensation to buy out their spouse in the event

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Raising Capital for Your Startup – The Benefits and Pitfalls of Convertible Promissory Notes and SAFEs

Two ways startups typically raise early capital are by issuing simple agreements for future equity (“SAFEs”) or convertible promissory notes (“Convertible Notes”). SAFEs and Convertible Notes have many characteristics in common, such as the ability to defer the valuation process for an early-stage startup. Understanding the benefits and pitfalls of each is critical for both

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Making Your Website Accessible for the Disabled under the Americans with Disabilities Act and State Equivalent Laws

The 1990 Americans with Disabilities Act (“ADA”) and comparable state laws have allowed disabled Americans to more fully participate in society, ensuring that businesses provide access that otherwise was entirely absent in earlier eras. Through a staggered series of compliance steps over the past nearly 30 years, through lawsuits by plaintiffs and enforcement by government,

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The California Consumer Privacy Act (“CCPA”) Is Coming January 1, 2020. Are You and Your Website Ready?

Everyone is aware of the various disclosures and “accept” boxes that many websites require visitors to click through. But for most businesses, there has been the general sense that these measures are “good”, but not required. That is because the United States has lagged behind most other countries when it comes to enacting strict consumer

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Why Ether and Ethereum Is Not a Security

Recently, news has been surfacing of blockchain and cryptocurrency related companies conducting unregistered securities offerings and being shut down by the Securities and Exchange Commission (SEC). For many companies, the viability of their business model is completely dependent on whether the blockchain-based service or product they offer is considered a security. In a recently given

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LASC’s Just-Issued New Rules Regarding Ex Parte Procedures Eliminate Surprises, But Come at the Cost of More Work

For well over a decade, the busiest and largest state court system in the world, Los Angeles County Superior Court, had one of the most liberal local rules for ex parte applications in the state when it came to notice. The only requirement was to provide “notice” of the time, date, and place of the

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Home Improvement Contracts: Protect Yourself as a Contractor and as a Homeowner

Are you a licensed contractor who works on homes?  Are you a homeowner considering hiring a contractor to renovate your home?  Before you begin working on another home improvement project as a contractor or, if you are a homeowner, before hiring a contractor to work on your home improvement project, it is imperative that you

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