A Term Sheet Is Not Nothing 鈥� Postbit v. Look Dynamics and Type II Reliance Damages
Chancery enforced a term sheet’s good-faith negotiation covenant but denied expectation damages, awarding reliance damages instead. What that means for LOI drafting.
The Founder Employment Agreement Nobody Prices: Transition Risk When You Sell and Stay
When a founder sells and signs an at-will employment agreement, the severance months are the wrong fight. Cause, Good Reason, metrics, non-competes, and IP carry the risk.
The Remote 1099 Who Was Always an Employee: Multi-State Misclassification Traps for Florida Companies
A Florida company’s out-of-state remote 1099 may be an employee no matter what the contract says. ABC tests, treble damages, and the structures that survive.
Your PTO Policy Is a Wage Liability: The Multi-State Vacation Payout Trap Founders Miss
Accrued vacation is a wage in California and several other states, and a forfeiture clause won’t save you. How Florida differs and how to draft a PTO policy that holds up.
Buying a Florida Pain-Management Clinic 鈥� The 搂 458.3265 Registration Doesn’t Transfer
Florida 搂 458.3265 requires physician full ownership and a new registration application on any change of ownership. How that reshapes a pain-clinic acquisition.
Converting a Delaware Corporation to a Public Benefit Corporation: The Charter Amendment Is the Easy Part
Since 2020 a Delaware PBC conversion is an ordinary 搂 242 charter amendment. Here are the mechanics, the consents that actually gate it, and what Drakes Landing changed.
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