A private placement memorandum (PPM) is used to offer security in a private company to specific groups of qualified investors. It is used as a marketing tool to provide information and generate interest, but it also serves to meet the requirements of SEC regulations. It is therefore important to be…
Articles Posted in Corporations
What Is a UCC Filing and What Protections Does It Provide?
Secured creditors use collateral to protect their investments. Collateral can be a good form of financial protection, but the security only exists if creditors follow all legal requirements. If all legal requirements are not met, a secured creditor might not have priority over other creditors – or have no legal…
How to Read an Investor’s Term Sheet
Term sheets are, by design, made to be simple. They are supposed to give a general overview of a proposed investment in very broad terms. Despite this, a term sheet can contain provisions that could create complications for your business in the future. An experienced investment lawyer can help you…
Comparing Angel Financing, Venture Capital, and Private Equity
There are many ways to capitalize a new business. Angel financing, venture capital, and private equity are popular methods of raising capital, but it is important for business owners to understand the difference. These different methods are appropriate at different stages of your business life cycle. Successful entrepreneurs know when…
Shareholder Rights to Inspect Corporate Documents
Shareholders have important legal rights under California law. These rights protect a shareholder’s ability to make informed financial decisions about their ownership rights in a company. If you do not understand these legal rights, a company can try to get around them and benefit itself at the expense of its…
New California Laws Effective in 2021
As with every new year, 2021 has brought changes to the law that can affect your business. California business owners must stay up to date on the legal changes that can affect their liabilities. The experienced business attorneys at Structure Law Group are here to help you understand all potential…
Shareholder Derivative Suits
When a company suffers financial harm due to mismanagement by a corporate officer or a board member, it is the shareholders that usually suffer the consequences. The law allows shareholders to sue for their losses when a company cannot or will not sue the officers that caused it. These are…
Breach of Contract, Force Majeure, and COVID-19
The coronavirus has created many new legal issues with unclear answers. Courts across the country will spend months – and likely years – sorting through a backlog of civil cases involving legal questions about the financial losses created by COVID-19. While it is not possible to predict the outcome in…
Misuse of the Discovery Process
Many business owners are familiar with the discovery process. When a lawsuit is filed, it triggers a formal process of exchanging evidence between the parties to the case. The discovery process has specific rules governed by law. These rules are designed to protect litigants from opposing parties who would misuse…
Breach of Contract and Punitive Damages
A breached contract can result in significant business losses. The amount of the contract may not reflect lost business, missed opportunities, and other financial losses that can seriously hurt your bottom line. Unfortunately, these losses are not adequately reflected by the value of the breached contract. In some cases, the…