Lawyers as Accidental Project Managers August 4th, 2010MMM Tech Law Video Channel Legal Project Management, MMM Articles Lawyers as Accidental Project Managers (The Case for Project Management in the Practice of Law) By Grant W. Collingsworth You’re sitting at the closing table for an important corporate acquisition. You’ve been working on this Read More
“Twitter Helps Usher in New Set of Trademark Perils” August 3rd, 2010Patents/IP Infringement, Intellectual Property, Trademark As social media outlets become increasingly popular, trademark owners are faced with a completely new arena in combating trademark infringement. This article explores how companies are working to maintain the integrity of their brands as legislation tries to catch up with the changing times. Read More
“Preparing Your Company for an Initial Public Offering” August 3rd, 2010Tech IPO IPO, MMM Articles, Practical Pointers by John C. Yates, Esquire Are Incorporation Documents and Corporate Records in proper form? Articles of Incorporation must comply with state law (O.C.G.A. §14-2-202 for Georgia corporations) and should indemnify Directors to the maximum extent. Bylaws must accurately reflect an effective plan for managing the Company and regulating its affairs and should protect the Company’s Officers and Directors from liability to the maximum extent provided by law. Foreign Qualification Certificates must be available from every state in which the Company conducts the required level of business. Stock Read More
Implementing a Revenue Recognition Plan August 3rd, 2010Finance, Accounting & Compensation Contracts, Finance, Practical Pointers, Sales by John Yates Introduction This memorandum provides practical pointers for technology companies and their professional advisors to consider in view of the impact that accounting guidelines, industry practices, and other revenue recognition requirements may have on their business. In many cases, these pointers will help to reduce the amount of time required to respond to future inquiries from third parties and accountants regarding a company’s understanding and implementation of revenue recognition policies. 1. Determine Revenue Recognition Goals. The technology company should determine whether its goal is to recognize revenue as soon as possible or defer the recognition of revenue. If the goal is Read More
Too Many Boards, Not Enough Help July 30th, 2010Venture Capital Board of Directors/Governance, Entrepreneurs This Wall Street Journal article reports that some start-up companies worry that a number of venture capitalists are juggling too many companies. Read More
New Problems With Old Domain Names – Dot Co vs. Dot Com July 30th, 2010Patents/IP Ecommerce, Intellectual Property, MMM Articles This article by MMM’s Kelly Whitehart provides insight in to why U.S.trademark owners should consider registering their domain names in Colombia. Read More
River Cities Capital Funds Study: “2009 Software as a Service Valuation & Capital Efficiency Benchmark Study” July 30th, 2010Finance, Accounting & Compensation, M & A, Venture Capital Software, Valuation Explore the key findings in River Cities Capital Funds’ 2009 “Software as a Service Valuation & Capital Efficiency” benchmark report. Read More
Houlihan Lokey Purchase Agreement Study July 30th, 2010Finance, Accounting & Compensation, M & A, Private Equity Escrow Houlihan Lokey’s Mergers and Acquisitions group conducted a study and published this in-depth analysis of purchase agreement terms. Full Article. Read More
Georgia Appellate Court Finds Hawks-Thrashers Sale Verbal Agreement Binding July 30th, 2010MMM Tech Law Video Channel Appellate Court, Breach of Contract, Contracts, General Counsel/In-House Attorneys, Hawks, Thrashers, Turner Broadcasting The Georgia Court of Appeals upheld a decision to hold Turner Broadcasting System to its apparent verbal agreement to transfer ownership of the Hawks and Thrashers franchises, ordering the payment of the original $281-million award. Facts: During the course of negotiations with Texas business man David McDavid, Turner entered into a Letter of Intent that precluded binding negotiations without a signed agreement. However, that contract had expired by the time Turner representatives purportedly said “we have a deal” in continued verbal negotiations. McDavid had prepared a press release to announce the purchase when Turner retracted the offer, prompting McDavid to sue Read More
Tech Trek to India: India Old and New July 29th, 2010International, MMM Tech Perspectives Tech Trek to India John illustrates the contrast between the ancient and the modern in today’s India. Shot while visiting Gurgaon Delhi as part of the Tech Trek to India series. Read More