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Important new Section 119 Added to the California Corporations Code

Important new Section 119 Added to the California Corporations Code

by Staff Attorney | May 12, 2023 | Business Transactions

For years Delaware and Nevada’s corporations have had a legal mechanism to ratify and validate past corporate acts, for example, a corporation or the company’s attorney forgot to have the company Board approve of stock issuances, stock options, partnerships, or...
Reincorporate in Another State! What are the Legal Steps?

Reincorporate in Another State! What are the Legal Steps?

by Staff Attorney | May 12, 2023 | Business Transactions

By Sutter Law a San Francisco Transactional Business Law Firm Reincorporating in Another State Your San Francisco Startup has just made the weighty decision to reincorporate itself in another state (say, Delaware).  What legal steps do you need to take to...
International Startup Founders and Navigating the Complexities of U.S. Business Law

International Startup Founders and Navigating the Complexities of U.S. Business Law

by Staff Attorney | May 6, 2023 | Business Transactions, Corporation & CA LLC

The United States is a land of opportunity for international startups from around the world. With a large market, a stable economy, and a favorable business environment, the country offers many advantages to those looking to start a business or expand their...
What a Startup Needs to Know about Convertible notes and SAFE notes?

What a Startup Needs to Know about Convertible notes and SAFE notes?

by Staff Attorney | Apr 18, 2023 | Business Transactions, Corporation & CA LLC

This article introduces Convertible notes and SAFE notes and explains the differences between them. Founders have two primary options for receiving seed investments into their Startups: Convertible Notes and SAFE notes. Convertible Note A Convertible Note is a type of...
What is a Form D? Why do I need a Form D?

What is a Form D? Why do I need a Form D?

by Staff Attorney | Apr 7, 2023 | Corporation & CA LLC, Business Transactions

Form D is a form used by startups to raise capital while remaining compliant with securities laws. The SEC filing form is used to file a notice of an exempt offering of securities under Regulation D of the U.S. Securities and Exchange Commission. The Commission’s...
What Startup Officers have to know about Parachute Payments

What Startup Officers have to know about Parachute Payments

by Staff Attorney | Mar 28, 2023 | Business Transactions

Intro A common issue in Mergers and acquisitions (M&A) transactions for San Francisco and Silicon Valley employees, contractors, corporations, and lawyers is who is properly classified as a disqualified individual for purposes of 280G of the Internal Revenue Code....
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