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Business Law

Foreign Subsidiary's Lease

Can My Company Guarantee My Foreign Subsidiary’s Lease Without Board Approval? 

Can My Company Guarantee My Foreign Subsidiary’s Lease Without Board Approval?  The Guarantee That Never Makes the Board Agenda  My subsidiary can’t get a lease, a vendor contract, or an equipment loan signed abroad unless my US company backs it. So I sign the guarantee to keep the deal moving, and it never makes it to the board agenda or gets

Can My Company Guarantee My Foreign Subsidiary’s Lease Without Board Approval?  Read More »

Fraud Lawsuit

Could My Own Investor Updates Turn Into a Fraud Lawsuit Years From Now? 

Could My Own Investor Updates Turn Into a Fraud Lawsuit Years From Now?  The Habit That Turns Into a Lawsuit  I send investors a quick update. The app is almost done. Nobody double-checks the wording before I hit send.  That habit feels harmless right up until it isn’t. The gap between what I said and what I built has years to grow

Could My Own Investor Updates Turn Into a Fraud Lawsuit Years From Now?  Read More »

Executive's Equity

Is My New Executive’s Equity Single Trigger or Double Trigger, and Why Does It Matter? 

Is My New Executive’s Equity Single Trigger or Double Trigger, and Why Does It Matter?  Did I just hand my new CFO a parachute I can’t afford, or a promise that protects no one?  I raised my round, hired the VP of Sales or CFO I needed, and the offer letter mentioned “accelerated vesting on a change

Is My New Executive’s Equity Single Trigger or Double Trigger, and Why Does It Matter?  Read More »

Fixed-Fee Outside Counsel

Should I Switch My Company From Big Law Hourly Billing to Fixed-Fee Outside Counsel? 

Should I Switch My Company From Big Law Hourly Billing to Fixed-Fee Outside Counsel?  The Question Behind the Invoice  Am I getting my money’s worth from the firm billing me by the hour?  I check my invoice from last month against the one from three months ago. The number moves. A quick contract review costs a different amount depending on which

Should I Switch My Company From Big Law Hourly Billing to Fixed-Fee Outside Counsel?  Read More »

Enterprise Contract

Did I Just Accept Unlimited Liability to Close My Biggest Enterprise Deal? 

Did I Just Accept Unlimited Liability to Close My Biggest Enterprise Deal?  The Redline Nobody Flagged  I just landed the enterprise logo my board has been asking about for two quarters. Legal review felt like the last thing standing between me and a signed contract.  The redlines came back mostly clean. One section barely changed: indemnification (my promise to

Did I Just Accept Unlimited Liability to Close My Biggest Enterprise Deal?  Read More »

IP

Who Owns the IP When My Startup Co-Builds Tech With a Bigger Partner? 

Who Owns the IP When My Startup Co-Builds Tech With a Bigger Partner?  A partner 10 times my size wants to build something with me. Their platform, my technology, one roadmap.  It feels like validation. It might also be the fastest way to lose what makes my company worth funding.  Joint development deals rarely spell out who owns

Who Owns the IP When My Startup Co-Builds Tech With a Bigger Partner?  Read More »

Board Consent Rights

What Happens to My Board Consent Rights the Moment My Portfolio Company Signs an LOI? 

What Happens to My Board Consent Rights the Moment My Portfolio Company Signs an LOI?  How I Found Out  My portfolio company just told me it signed a letter of intent to sell. Nobody asked me first.  I still have a board seat. I still have consent rights in the investment documents. But the company is now

What Happens to My Board Consent Rights the Moment My Portfolio Company Signs an LOI?  Read More »

Service Level Agreements

Service Level Agreements for Startups: What Are You Actually Promising?

Service Level Agreements for Startups: What Are You Actually Promising? Your sales deck says 99.9% uptime. Your first real enterprise prospect just asked you to put that number in the contract, with money attached if you miss. Those are two different promises. The first is marketing. The second is a commitment you can be held

Service Level Agreements for Startups: What Are You Actually Promising? Read More »

AI Feature

Whose Data Trained Your AI Feature? The Licensing Question Founders Ignore Until It’s Too Late

Whose Data Trained Your AI Feature? The Licensing Question Founders Ignore Until It’s Too Late You have shipped an AI feature. Customers like it. The product works. Then an investor’s lawyer asks one simple question during diligence: Where did the training data come from? Your engineering team may know which model you used. Your product

Whose Data Trained Your AI Feature? The Licensing Question Founders Ignore Until It’s Too Late Read More »

Customer Contracts

What Happens to Your Customer Contracts When Your Cloud Vendor Goes Down?

What Happens to Your Customer Contracts When Your Cloud Vendor Goes Down? Your biggest customer calls after a major infrastructure outage. They want to know what your contract promises. How much uptime did you guarantee? What remedy do they receive? Can they terminate the agreement? Are you responsible for their losses? You open the contract

What Happens to Your Customer Contracts When Your Cloud Vendor Goes Down? Read More »

90 Days of Exclusivity

The Buyer Wants 90 Days of Exclusivity Before a Deal Is Final. Should You Say Yes?

The Buyer Wants 90 Days of Exclusivity Before a Deal Is Final. Should You Say Yes? A buyer just sent you a letter of intent. The purchase price looks attractive. The terms seem promising. You are excited to finally have a serious buyer at the table. Then you reach the exclusivity clause. The buyer wants

The Buyer Wants 90 Days of Exclusivity Before a Deal Is Final. Should You Say Yes? Read More »

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