A Home for your Start-up: Kendall Square

Tuesday, July 28th, 2009

When we formed VC Ready Law Group, we believed that much of our business would touch and concern Cambridge – being the home of Harvard, MIT, several of the Boston area’s more prominent IT and biotech venture capital firms and many up-and-coming IT and biotech companies – so we decided to locate our office in [...]

Non-competition Agreements in Massachusetts

Thursday, July 23rd, 2009

Yesterday VCRLG attended the Boston Bar Association’s “Freedom to Compete?” symposium on the current debate in the Massachusetts’ legislature about limiting or prohibiting the use of employee non-competition agreements in Massachusetts. The discussion focused on a draft bill, sponsored by State Reps. William Brownsberger (who was on the panel) and Lori Ehrlich, that would prohibit [...]

Legal Basics: Formalities of corporate decision-making

Wednesday, July 15th, 2009

Corporations typically have a three-tiered governing structure: the shareholders elect a Board of Directors to oversee operations and the Board appoints officers to run the day-to-day business. While a corporation’s officers make the vast majority of business decisions ad hoc, sometimes approval of the corporation’s Board and/or shareholders is required. Entrepreneurs are often dismayed by [...]

Financing Your Business: Raising Capital Under Regulation D

Monday, July 6th, 2009

Anytime a privately-held company issues securities – to investors in a financing, to employees as compensation, or for any other reason – the issuer must be able to point to an applicable exemption from the general requirement that all issuances of securities be registered with the Securities and Exchange Commission (SEC). When raising capital from [...]