COVID-19 continues to cause numerous cities and states to issue “stay at home orders” disrupting many business’ ordinary operations. As a result of the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”), the United States Patent and Trademark Office (the “USPTO”) has extended certain filing deadlines for selected patent and trademark documents. Specifically, for trademark filings, any […]
The General Data Protection Regulation (the “GDPR”), promulgated by the European Commission, was adopted in April 2016 and became effective in May 2018. Rarely mentioned with positivity in the past two years, the GDPR standardizes data protection laws across the European Union and applies to companies located outside of the EU that offer goods or services or are monitoring the […]
This blog post is part two of two discussing equity incentives and ways for employees to liquidate a portion of their shares while the company remains private. Part One discussed the issuance of equity incentives to employees and other key personnel. Focusing now on already issued and vested equity incentives (for illustrative purposes hereof, we will focus on stock options), this […]
This blog post is part one of two discussing equity incentives and ways for employees to liquidate a portion of their shares while the company remains private. Most companies are in the middle of granting 2020 annual equity awards. This granting of equity awards is happening simultaneously with the COVID-19 outbreak and the larger volatility on business operations and financial […]
With so many companies’ runways depleting in these unprecedented times, many companies are seeking relief through the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”). One attractive program falling within the U.S. Small Business Administration’s (SBA’s) Section 7(a) loan program is called the Paycheck Protection Program (the “PPP”), where a business can receive […]
As COVID-19 continues to spread and disrupt industries across the globe, patent offices in Coronavirus affected countries are, for lack of better term, not immune. These patent offices are responding by implementing deadline extensions, office closures, and delays in services. Below is a list of relevant patent offices divided by region and their respective statuses […]
As COVID-19 continues to spread and disrupt industries across the globe, patent offices in Coronavirus affected countries are, for lack of better term, not immune. These patent offices are responding by implementing deadline extensions, office closures, and delays in services. Below is a list of relevant patent offices divided by region and their respective statuses as of March 20, […]
On November 23, 2016, a federal Judge in Texas issued an order temporarily barring the Department of Labor (“DOL”) from enforcing its much-publicized new overtime rule, just over one week before the rule’s December 1 effective date. As explained HERE, the new rule would have represented a landmark change to the overtime rules under the […]
In a few short weeks, most startups and small businesses will be required to either raise the salaries of employees making less than $47,467.00, or else risk paying overtime wages. Effective December 1, 2016, updates to the Fair Labor Standards Act are significantly limiting the category of employees who can be classified as “exempt” from compulsory […]
Here’s 7 Things to know about Patent Rights – #4 is what most people DON’T know, #1 is the most important to know, and #7 reflects a recent change to our patent laws. 1. First Come, First Served: The US patent system will only award a Patent on an idea or invention to the first inventor […]