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Jan 04

What Startups Can Learn from the 76ers ‘Process’

For those of us who are Philadelphia 76ers fans, we are all too familiar with the phrase, “Trust the Process” and how Sam Hinkie, the team’s former General Manager, spent years structuring the franchise for future success while experiencing losing seasons.  With the 76ers still… Read More

Dec 13

‘Twas the night before the holiday party

With the holiday season underway, we thought we’d repost this blog from our partner, Chastity Bruno, as a friendly reminder for employers and employees to help make the office holiday party a success…and to avoid any potential lawsuits. It is that time of year again… Read More

Nov 30

The Estate Tax Repeal Redux

A bit of tax history is in order.  In 2001 President George W. Bush signed the Economic Growth and Tax Relief Reconciliation Act of 2001 which eliminated what he had dubbed during his campaign the “death tax” … except it wasn’t a real repeal.  Under… Read More

Nov 23

Trademark Trial and Appeal Board Lights-Up Applications for Marijuana-Related Products

The importance of protecting one’s brand name is common knowledge across all industries (See clip of Frank Lucas in American Gangster). In a precedential decision the Trademark Trial and Appeal Board (TTAB) recently declined another mark within the marijuana industry, holding that the United States… Read More

Nov 14

Will My Facebook Page Join Me In Heaven?

What happens to your Facebook page, your Twitter account, your online banking and brokerage accounts and your emails when you die?  Who has access to these “digital assets” and who can use and control them or close them down?  This issue has been the subject… Read More

Nov 09

New Disguised Sale Rules

One way of cashing out business assets involves contributing the business assets to an entity classified for tax purposes as a partnership in exchange for a minority interest in the partnership, where the partnership would borrow money on a full recourse basis and distribute the… Read More

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Oct 27

Selling Your Legal Practice in PA just Got Easier

Effective this week, a change in the Pennsylvania Rules of Professional Conduct will have a major effect on succession planning for lawyers. Under the old rule, an attorney who wanted to sell his or her practice was required to sell the entire law practice to… Read More

Oct 25

Equity Crowdfunding is Here, but Where is the Crowd?

In April of 2012, President Obama signed the Jumpstart Our Business Startups (JOBS) Act into law.  Congress’s intent was to make it easier for small businesses to raise money by easing regulatory burdens on raising capital. As part of the JOBS Act, the Securities and… Read More

Oct 18

New Jersey Abolishes Its Estate Tax

Since 2002 New Jersey has imposed one of the highest, if not the highest, estate tax among those states which continue to impose an estate tax.  That is because its estate tax exemption of $675,000 was the smallest in the nation. That is no longer… Read More

Oct 10

The Portland Rock Band That Could Change Trademark Law Forever

Supermarket tabloids love to report on the legal battles of musicians: from Michael Jackson’s trial on charges of sexual abuse, to Britney Spears’ conservatorship, to Justin Bieber’s DUI, the more salacious the story, the better.  Even the more reputable news outlets get in on the… Read More