Insights & Tips
Last month, the Federal Trade Commission issued a first-ever Policy Statement outlining its approach to policing “unfair methods of competition” under Section 5 of the FTC Act. For a breakdown of this Policy Statement and its possible effects on privat …
According to the Center for Responsible Enterprise and Trade, or CREATe.org, the loss of trade secrets — ranging from proprietory formulas to confidential information to production methodologies — can have a devastating impact on a company. When there …
An S Corporation, also known as an S Corp, is a special type of corporation created through an IRS tax election. An eligible domestic corporation can avoid double taxation (once to the corporation and again to the shareholders) by electing to be treate …
A partnership is one business in which two or more people share ownership. Each partner contributes to all aspects of the business, including money, property, labor or skill. Each partner, in return, shares the profits and losses of the business. Becau …
A corporation, or a C corporation, is an independent legal entity owned by shareholders. This means the corporation itself and not its shareholders is held legally liable for the actions and debts the business incurs. Corporations are more complex than …
A cooperative is a business or organization that is owned and operated for the benefit of those using its services. Profits and earnings generated are distributed among the cooperative members, who are known as user-owners. An elected board of director …
A limited liability company (LLC) is a hybrid legal structure providing the limited liability features of a corporation with the tax efficiencies and operational flexibility of a partnership. The “owners” of an LLC are called “members.” Depending on th …
A sole proprietorship is the simplest and most common structure to choose when starting a business. It is an unincorporated business owned and operated by one individual with no distinction between the business and you – the owner. As owner, you are en …
Why am I starting a business? What kind of business do I want to start? Who is my ideal customer? What products or services will my business provide? Am I prepared to spend the time and money needed to get my business started? Who is my competition? Wh …
According to the most recent regulatory framework, the Internet Corporation for Assigned Names and Numbers (“ICANN”) has established a uniform domain name dispute resolution policy that is applicable to all registrars of .com, .net and .org domain name …
Congress enacted the Anti-Cybersquatting Consumer Protection Act which prohibits certain types of cybersquatting. The statute amended the Lanham Act to make it a type of trademark infringement if a domain name containing a distinctive or famous tradema …
Cybersquatting is a broad term used in the trademark and internet communities to describe the bad faith registration of domain names. Cybersquatting encompasses registration of domain names containing trademarks, either to sell back to the trademark ow …
