Sherman Oaks Contract Lawyers
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Legal Services Offered by Our On-Demand Sherman Oaks Contract Attorneys
The Sherman Oaks contract attorneys & lawyers on UpCounsel are dedicated to helping businesses save time, money, and peace of mind with contract drafting and review, negotiations, litigation support, discovery, commercial business transactions, and more.
Our independent contract attorneys are available on-demand to provide contract legal services for businesses or to support your in-house general counsel to help lighten the load for transactional matters or litigation support.
Although the work of the Sherman Oaks contract attorneys found on UpCounsel often varies they are highly experienced in legal contract activities such as commercial contract negotiations, document review in response to document subpoenas, request for production of documents, legal research, draft legal briefs, along with providing a full range of other contract legal services to businesses of any size.
Improve Your Legal ROI with Affordable Contract Attorneys that service Sherman Oaks, CA.
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- 4 min read
It used to be that initial public offerings (IPOs) were reserved for high tech, healthcare and larger retail companies, but that is no longer the case. There are many sectors that now take advantage of this tool, so it pays to be more aware of some of the intricacies involved in the IPO process. Let's start by defining some relevant terms:
What is an IPO?
An IPO is the process of taking a private company and making it public. Essentially, when a private company participates in an IPO, they sell shares to the "general public" for the first time, and invite investment from outside their inner circle of employees and investors. The reality is that most of those initial shares issued by the company will be bought by institutional investor
- 4 min read
What is Capital Stock?
Capital stock is the common stock and preferred stock that a company is allowed to issue according to its corporate charter. Common and Preferred stock can be separated into different classes of stock with their own features. In accounting, capital stock is one part of the equity section on a balance sheet.' Only corporations can sell capital stock to investors.
Capital stock is not necessarily equal to the number of shares that are currently outstanding. It is the maximum number of shares that can ever be outstanding. If a company wants to change this number, they have to change it on their charter. This is done with a vote. When companies do this, it is usually so that they can raise more capital.
- 7 min read
What Is a Delaware LLC?
A Delaware LLC, or limited liability company, is a type of business entity created by filing the Certificate of Formation with the Delaware Secretary of State. It creates a legal existence separate from its owners. Owners and managers are not personally liable for any of the company's debts.
A contract drafted by the company's members called the Operating Agreement outlines the structure of a Delaware LLC and the rules that govern the members, or owners, of the LLC. The Operating Agreement is legally binding and enforceable by every person that signs it. The members are free to organize the company however they see fit. The can create their own terms for governing, operating, and overseeing their LLC.
The first Delaware LLC was formed on October 1, 1993, when the Delaware Limited Liability Company Act first made the LLC a legitimate business entity. Right now about two-thirds of all of the
- 10 min read
What Is Cybersquatting?
Cybersquatting examples show Cybersquatting (a.k.a. domain squatting) is the act of registering, trafficking in or using a domain name in bad faith. Cybersquatters neglect the existence of a trademark to profit from others. In fact, domain names are cheap and are sold on a "first come, first served" basis.
As the internet started becoming popular, internet users knew businesses would need a website. Some users started buying domains to create sites that looked like they were from reputable companies.
Example: A cybersquatter could buy Heinz.com if the company hadn't created a website yet, looking to sell the domain to Heinz at a later date for profit, or use the domain name to attract traffic and generate money through advertising.
If a business has a good reputation but no website, the company either pays the owner of the domain name to transfer the domai
- 11 min read
What Is a Non Solicitation Agreement?
A non solicitation agreement is a common contract clause that says if you work for a competitor, you won't solicit any business clients, bring over any employees, or use any confidential information connected to your current job. In other words, you can't use your old company contacts to help your new company.
For example, imagine you're a high-ranking salesperson for a company that sells copper wire. Because of your job, you've spoken with copper wire buyers all across the globe. One day, a different copper wire seller offers you a better job and you accept. If your employment contract with your first job has a non solicitation agreement, you can't go to the copper wire buyers and ask them to switch suppliers because you've switched employers. The same applies if you go into business