Category: business law

First Time Entrepreneur Workshop – Saturday September 15th!

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Crowley Corporate Legal Strategy and the LA Venture Association (LAVA) are pleased to announce the next First Time Entrepreneur training program. The program is open to entrepreneurs that are starting companies in areas that are likely to draw venture capital investment. The program is not open to service providers.

During the five hour program, you will learn how to:

  • Determine the value of your company
  • Put together a capitalization table
  • Understand how VCs screen potential investments
  • Understand the differences between trademarks, copyrights and patents and when you need them
  • Choose and work with co-founders
  • Network at startup events — the right way

Julie Pantiskas of Pasadena Angels will also be the guest investor speaker.

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For more information and to purchase tickets, visit: https://www.lava.org/events/first-time-entrepreneur-workshop-1

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LAVA – Los Angeles VC Panel

Thank you to the LA Venture Association (LAVA) for hosting the Los Angeles VC Panel and LAVA Annual Membership Meeting last week.

 

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GDPR Article featured in Valley Lawyer

We’re proud to share that our associate attorney, Angela Bandich, wrote an article about the GDPR (Europe’s new data privacy regulations) that was featured in the August 2018 issue of Valley Lawyer!

Congratulations!

Read the full article here, starting on page 36: GDPR: New EU Regulations on Data Privacy.

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ENTREPRENEUR WORKSHOP

Join us on Saturday September 15th for our next First Time Entrepreneur workshop!

The program is open to entrepreneurs that are starting companies in areas that are likely to draw venture capital investment. (The workshop is not applicable to service providers).

TICKETS: https://www.lava.org/events/first-time-entrepreneur-workshop-1

During the workshop you will learn how to:

  • Determine the value of your company
  • Put together a capitalization table
  • Understand how VCs screen potential investments
  • Understand the differences between trademarks, copyrights and patents and when you need them
  • Work with co-founders
  • Network at startup events — the right way

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CLIENT BULLETIN: California Supreme Court Changes Standard for Classifying Workers as Independent Contractors

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CALIFORNIA SUPREME COURT CHANGES STANDARD FOR CLASSIFYING WORKERS AS INDEPENDENT CONTRACTORS

On April 30, 2018, the California Supreme Court changed the standard used to determine whether a person is an independent contractor or employee of a company.

The Dynamex Operations West, Inc. v. Superior Court case centered around whether delivery service drivers for Dynamex were independent contractors or employees. For the past 30 years, companies relied on a multi-factor test in California that focused on whether the company had control over the how the work was being completed to classify a worker. Dynamex, also relying on this standard, argued that their drivers were independent contractors because the drivers set their own driving schedules, used their own vehicles, had the ability to decline delivery assignments and could work for multiple companies.

The Supreme Court, however, adopted a new standard in the Dynamex case and ruled that the drivers were in fact employees and allowed the drivers to be certified for a class action lawsuit.

The new “ABC test” will likely make it difficult for companies to classify workers as independent contractors in California because it presumes all workers are employees unless the company can demonstrate that the worker:

A). is free from the control and direction of the hiring entity in connection with the performance of the work, both under the contract for the performance of such work and in fact; and

B). performs work that is outside the usual course of the hiring entity’s business; and

C). is customarily engaged in an independently established trade, occupation, or business of the same nature as the work performed for the hiring entity.

Part A of the test includes similar language from the previous test with respect to control; however Parts B and C impose new restrictions on companies being able to classify a worker as an independent contractor. For Part B, the Supreme Court provided an example that a plumber or electrician who is hired by a retailer to perform maintenance work at a retail store is truly an independent contractor because the work being provided is outside the usual course of the retailer’s business. Part C is designed to identify those workers who have decided to go into business for themselves, regardless of whether the worker has actually formed a separate entity.

With this new standard in place, companies should reevaluate existing agreements with independent contractors to ensure whether these workers are indeed independent contractors under the new ABC test or should now be classified as employees and afforded the benefits of an employee.

June 18, 2018: Top Legal Mistakes Made by First Time Entrepreneurs

 

Join us Monday, June 18, 2018, from 6:30 – 8:30 pm, at the General Assembly Los Angeles in Santa Monica, CA.

About This Event

Legal mistakes can doom even the best startup concepts and founding teams. Join Matt Crowley from Crowley Corporate Legal Strategy as he aims to prepare you to deal with the essential legal issues that every startup faces. Making sure the legal matters are in order while you’re running your company is one of the most important things that can make your startup more investible in the future.

What You’ll Take Away: Learn from other people’s mistakes and take away best practices for your own companies.

Agenda:

6:30 – 7:00pm Check-In and Networking

7:00 – 8:00pm Presentation

8:00 – 8:30pm Q&A

For more information and to RSVP visit the General Assembly Website Here

Top 10 Legal Mistakes of Startups and How to Avoid Them

Had a great workshop alongside Justin Hughes, Professor of Law, Loyola Law School; and Shannon Trevino, Business Law Practicum Director, Loyola Law School. We shared our insights on the”Top 10 Legal Mistakes of Startups and How to Avoid Them” with the to Loyola Marymount University entrepreneurship students. Thank you to Professor David Y Choi for organizing the event!

Photograph provided by: Shannon Trevino