Wilmington Startup Attorneys & Lawyers
How it Works
Ryan Wertman, Esq.
Wilmington Startup Lawyers
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Legal Services Offered by Our On-Demand Wilmington Startup Attorneys
On UpCounsel, you can find and connect with top-rated Wilmington startup attorneys & lawyers that provide a range of startup law services for startups and entrepreneurs that are starting a business. Any of the top-rated Wilmington startup lawyers you connect with will be available to help with a variety of your startup law related legal needs on-demand or on an ongoing basis in the city of Wilmington, DE.
From primarily dealing with things like business formation, contracts, leases, equity financing, securities, and intellectual property protection, the Wilmington startup lawyers on UpCounsel can help you with a variety of specialized and general startup law related legal matters. No matter what type of startup law needs you have, you can easily hire an experienced Wilmington startup lawyer on UpCounsel to help you today.
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- 7 min read
What is a Right of First Refusal?
A right of first refusal, also called an ROFR, a first right of refusal, or a last look provision, gives a person or company the opportunity to start a business transaction before anyone else can. It could provide the first chance to buy stocks or real estate at the same price and terms as another offer. If the holder of the right of first refusal declines, the owner of the asset can sell it to whomever they want.
There's even an ROFR in many child custody agreements. It requires that one parent offer the other parent the chance to watch the kids before using a family member or outside child care.
A Right of First Offer: What is it?
A right of first offer or ROFO requires owners to tell the holder first when they plan to sell an asset. Then the holder of the ROFO has the right to make the first offer on the busine
- 3 min read
What is Secured Debt?
Secured debt is a debt that's secured by pledging an asset for collateral. It means someone took on a debt and backed it with a piece of property they own. The lender puts a lien on the asset that's been pledged, giving them the ability to legally take the asset if the debt is defaulted on.
Common examples of a secured debt include a mortgage and a car loan. The car or the house become the security asset for the debt that you took on. If you default on the payments for any reason, the lender has the right to take you to court in order to recover the asset.
A lender usually requires the asset be maintained and/or insured to a set standard in order to maintain asset value. For example: a lender who issues an auto loan requires the borrower to obtain a specific type and level of insurance coverage. In t
- 6 min read
What Is Corporate Structure?
Corporate structure is a way of organizing a company in three parts. This includes:
- Board of directors, who control the business
- Corporate officers, who oversee operations
- Shareholders, who own the business
Corporate Structure: What Is It?
Also known as corporate governance, corporate structure is the way of running a business. Corporate structures include:
Board of Directors
The board of directors reports to the shareholders. The board's tasks include:
- Making sure managers are effective
- Keeping the chief executive officer (CEO) on track
- Reviewing the company's plans, budgets, and goals
- Ensuring th
- 4 min read
Common Equity: What Is It?
Common equity is the total amount of all investments in a company made by common equity investors, including the total value of all shares of common stock, plus retained earnings and additional paid-in capital. The measure of common equity does not include the value of preferred equity, that is, the value of preferred stock or any other related interest (limited liability units, or limited partnership interests) with preferred equity status.
Issues regarding equity investment in a company can be complicated. Potential investors are strongly advised to seek out the advice
- 13 min read
What Is Startup Valuation?
Startup valuation is simply the value of a startup business taking into account the market forces of the industry and sector in which that business belongs.
These factors include the balance (or imbalance) between demand and supply of money, the size of recent events, the willingness of investors to pay premiums to invest in the company and the level of need the company has for money.
What Is a Startup?
A startup company is a new business which is potentially fast growing and aims to fill a hole in the marketplace by developing and offering a new and unique product, process or service but is still overcoming problems.
Startup companies need to receive various types of funding in order to rapidly develop a business from their initial business model that they can grow and build up.