Posts tagged “TechLaw”
Making the hunter the hunted: North Carolina gives business owners new tools to combat 'patent trolls'
TechLaw: Litigation in federal courts under federal law is a primary weapon in the battle to protect patents from infringement. However, because of alleged abuse, certain states, including North Carolina, have taken it upon themselves to establish their own rules of conduct for patent infringement actions.
TechLaw: The North Carolina Workers' Compensation Act requires all employers with three or more employees to carry workers' compensation insurance. Your non-profit owners association, for either your residence or your commercial property, may not carry such insurance because its board thinks it's not an employer when, in fact, it is.
TechLaw: Medicare recipients who have personal injury claims need to be aware that, by law, they will have to repay Medicare for any payments made as a result of the injury from any judgment or settlement they may receive.
Raleigh attorney Jim Verdonik, one of the most experienced and outspoken experts when it comes to the ins-and-outs of startup and emerging company financing, says a crowdfunding bill that could pass at any time in the General Assembly is good news. But don't expect miracles. Plus, he notes, the SEC has yet to implement federal legislation known as the JOBS Act. He calls the delay a "disgrace."
Local tech companies like Cary's SAS Institute pushed for the measure, saying they were often forced to defend themselves against "non-practicing entities," or NPEs, that are shell companies created for the purpose of holding a patent. Those companies then try to enforce the patent against bigger companies, hoping to extract settlements in lieu of costly litigation.
TechLaw: Income taxes that would otherwise be incurred as a result of the involuntary conveyance or destruction of real property can be deferred to a later date by using the tax-free exchange of property provisions of the federal Internal Revenue Code.
The company is now using the Supreme Court's own language to force broadcasters to treat it just like a cable TV company. In Aereo's view, that means broadcasters must license their signals to Aereo under a 1976 copyright law.
The car service Uber has agreed to limit prices during emergencies, natural disasters or other unusual market disruptions consistent with New York's law against price gouging, the company and state attorney general said Tuesday.
TechLaw: Rising federal estate tax exemptions are providing you an opportunity to reconsider your existing trusts to determine whether a trust termination may provide an income tax benefit to your trusts' ultimate beneficiaries.
Entrepreneurs and businesses are still waiting for final action on what many see as key pieces of legislation in the General Assembly: Crowdfunding for new businesses and legislation to cut down on patent trolls.
Technology startups aren't likely to be scared away from innovation due to Aereo's loss at the Supreme Court, but investors are going to "be more careful," says Jim Verdonik, a veteran attorney who works with venture capitals and startups. Is Uber the next startup headed for a crash?
The broadcasters told the court, and the majority of the justices agreed, that Aereo's "competitors pay for the rights to retransmit 'live TV' to the public -- as they must to avoid liability for copyright infringement -- while Aereo does not."
The American Bar Association says lawyers now have a green light to scan the social media sites of jurors, but warns against actively "following" or "friending" jurors or otherwise invading their private Internet areas.
TechLaw: Many government agencies are focusing on how employers use information learned from employees' social media posts. The EEOC recently held an important meeting on social media and employment discrimination.
TechLaw: An entrepreneur obtaining a commercial loan for a new business will often be required by the lender to sign a personal guaranty. It is very important to seek legal advice prior to signing one.