Exporting through the Cloud – Where is Your Data Going?

Use of Cloud-based services has grown rapidly over the last five years. Cloud service providers (“Cloud Providers”) are increasing in numbers and cloud-based offerings are being offered to the general public with increasing frequency. Many companies are choosing to host Software-as-a-Service (SaaS) products and other offerings in “the cloud.” And many companies, from start-ups to… View Article

Google Play: Android Developers – Read the Fine Print

This post is about the Google Play Developer Distribution Agreement (the “GP Agreement”) only. There may be a future post on the iOS Program Developer License Agreement but . . . no guarantees.The Android operating system is positioned well for the “internet of things” and is growing fast. With over a million individual applications and tens of… View Article

Don’t Wait to Enter into a Buy-Sell Agreement

Buy-sell agreements are so important that you should often incorporate buy-sell agreement terms into an LLC agreement, operating agreement, shareholder agreement or other agreement, to avoid the need for a secondary document and/or being without buy-sell agreement terms in place.What is a buy-sell agreement? Essentially, a buy-sell agreement consists of a set of terms (agreed… View Article

Amendments to Minnesota Business Corporation Act

If you are a shareholder of a Minnesota corporation you may be aware of the “squeeze out” process that occurs through a reduction of shares to a fractional share and the subsequent exercise of the corporation’s rights to cash out and redeem that fractional share (e.g. you previously owned 30,000 shares and after the reduction… View Article

SBA Eliminates the “Personal Resources Test”

The U.S. Small Business Administration (“SBA”) recently released its Final Rule for its updates to the popular 504 and 7(a) loan programs. Before April 21, 2014, an applicant for one of these popular SBA loans was required to show that the desired funds were not available from the personal resources of any owner of 20%… View Article

Good Contracting and Agreement Practices for Businesses and Individuals Providing Fee-Based Creative, Development and Marketing Services

Whether you are a freelance independent contractor or an established company that develops websites or applications, creates graphic design work-product, or engages in SEO/SEM work, you may have experienced many customers or potential customers who want “something for nothing” (i.e. for the possibility of something in the future). For example, many start-ups or established companies… View Article

HIPAA Administrative Simplification Rules

The Department of Health and Human Services provided its Modifications to the HIPAA Privacy, Security, Enforcement, and Breach Notification Rules under the Health Information Technology for Economic and Clinical Health Act (“HITECH”), the Genetic Information Nondiscrimination Act, and Other Modifications to the HIPAA Rules (collectively also known as the “Final Rule”) on January 25, 2013…. View Article