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I took the “admin law” class in law school. It was deadly dull and the professor didn’t breathe any life into it.

But suddenly in 2024, admin law is very much alive. It’s now the hot area of law for many businesses, especially those in regulated industries.

For the sake of brevity, the term “administrative

The Delaware General Assembly is about to change the Delaware General Corporation Law (DGCL) as soon as June 30 of this year in ways that could diminsh Delaware’s status as the go-to state for incorporation.

The proposed amendments to Section 122 of the DGCL will convert Delaware’s universally accepted board-centric model to a contract-centric model,

Joining a startup? Get your stock options right! Here’s what to know about grant sizes, vesting, cliffs, exercise price, and the ISO v. NSO dichotomy, plus advanced asks around accelerated vesting, cashless exercise, future retention grants, extended post-termination exercise rights, and the possible pros and cons of restricted stock awards versus stock options.

Executive Summary

Few things are more risky in business than amateurs loosely signing NDAs.

NDAs, or non-disclosure agreements, allow parties to share sensitive information while discussing a potential transaction or commercial relationship – often defined in the NDA as the “Business Purpose.”

In a proper NDA, each party agrees to several core confidentiality protections and information use

April 9, 2022

The Honorable Gary Gensler, Chairman
U.S. Securities and Exchange Commission
100 F. Street NE
Washington, DC 20549-1090.

RE: Comments on Proposed Rules regarding “Special Purpose Acquisition Companies, Shell Companies, and Projections,” Release Nos. 33-11048; 34-94546; IC-34549; File No. S7-13-22

Dear Chairman Gensler,

I appreciate the opportunity to comment on the proposed rules

The Role of SPACs in Entrepreneurship and Innovation
Wow – how quickly we went from “Rise of the SPACs!” to “SPACs on their Backs!”

In 2021, there were 613 SPAC IPOs. As of mid-March 2022, there have been only 52.

In 2020, there were 143 SPAC mergers, or “de-SPAC” transactions, and in 2021 there were

Provisional, Omnibus, and Continuation
Patent ApplicationsThis post highlights patent strategies that support these objectives:

  • cheaply and timely protecting inventions,
  • buying time during the patenting process to slow cash burn, raise funds, assess commercial viability, adapt to competitive developments, and optimize between patent and trade secret IP protections,
  • preserving alternative trade secret strategies, and
  • growing a