Posts tagged “TechLaw”
Retention elections: General Assembly creates a new way for voters to elect incumbent justices of NC Supreme Court
In June, Governor Pat McCrory signed into law new legislation entitled "An Act Allowing Voters to Elect, and Then Retain, Justices of the North Carolina Supreme Court for Election"("Act"). The Act heralds a new day in the election of North Carolina Supreme Court Justices.
Social media giants including Twitter, Yahoo, Facebook and Google are pushing back against Senate legislation that would require them to alert federal authorities of any terrorist activity, according to industry and government officials.
TechLaw: Do you have students and recent graduates eager to learn about your company and industry just to get a leg up for future employment prospects? Did you know that unless you are careful, you may have to pay them even if they are willing to work for free?
Amazon accused of antitrust violations; Firefox blocks Flash; Undercover Colors testing; BioDelivery Sciences VP named
In today's Bulldog Update of technology news: Amazon accused of antitrust violations; Firefox disables Flash; Undercover Colors testing drug detecting nail polish; BioDelivery Sciences names VP; Liquidia names COO.
Imagine working out a divorce without hiring an attorney or stepping into court or disputing the tax assessment on your home completely online. A Silicon Valley company is starting to make both possibilities a reality
TechLaw: Before you decide to part ways with equity ownership in your business to get, retain, or motivate key employees, you should consider the options and benefits that a phantom stock plan can provide to both your business and your employees.
There are many opportunities to serve on the board of a nonprofit corporation, whether a public charity, private foundation, home-owner association, trade association, or church. Before joining a nonprofit board, however, you should consider the liability protections you can expect under the North Carolina Nonprofit Corporation Act, the nonprofit corporation's governing documents and the nonprofit corporation's directors' and officers' liability insurance policy.
TechLaw: Avoidance of estate taxes is one consideration in estate planning. Under current law, however, estate tax issues generally affect only the wealthiest 1% of the population, but everyone should be mindful of income tax issues, specifically basis, when making estate planning decisions. Due to changes in the tax laws, estate plans and trusts put in place under prior law may no longer efficiently address these income and tax basis issues.
TechLaw: As two of the accounting world's major governing bodies work to converge their standards on the recognition of revenue of contracts with customers, they are changing the rules on how lessees must address leases on their balance sheets and profit and loss statements. The result may drastically alter how commercial leases are negotiated.
'I'm from the government and here to help:' The NLRB's new EXPEDITED union 'representation case procedures'
TechLaw: Union membership in the private sector, nationwide and in states like North Carolina, is hardly flying off the shelf. It now appears that the NLRB is trying to accomplish by administrative fiat what has not been accomplished legislatively (i.e., to make it easier for unions to win "certification" elections).
TechLaw: When lenders make a loan to a closely-held company, they frequently require one or more of the company's principals to personally guarantee repayment of the loan. Can they require that the principal's spouse also guarantee the loan?
"Patent trolls" generally refer to businesses that buy up patents, particularly in technical areas like computer chips, cloud computing and wireless routers, with the sole intention of filing lawsuits or demanding licensing fees from tech companies, particularly startups around the time of their public offering.
TechLaw: The United States Congress and the North Carolina General Assembly have made some significant tax reforms over the past couple of years that may have a considerable impact on your taxes this year. It's important for you to understand how these changes may impact you so that you can properly budget your personal finances and potentially implement some tax planning strategies.
In today's Bulldog tech roundup: Racy posts on hacked Charlotte Motor Speedway social media; New books says Steve Jobs considered buying Yahoo; Lyft funding increases ride-sharing competition; NC Senator Burr on the Cybersecurity Information Sharing Act, Vaeant ups offer for Salix.
TechLaw: Clicking the "Accept" or "Agree" button on a website has become a daily ritual. Electronic consents have become ubiquitous because businesses of all kinds need to obtain them from customers for a host of reasons. However, many are simply doing it wrong.
TechLaw: Bankruptcy protection--particularly in a Chapter 11 reorganization--can be a powerful tool for a company in financial distress. But can a debtor company go even further and use its plan of reorganization to secure releases not only for itself, but for third parties such as its officers or owners?