Odin Law

Roe v. Wade

At Odin Law and Media, we are outraged at the overturning of Roe v. Wade. We acknowledge the basic truth that women are competent, autonomous people who will make their own healthcare decisions. These choices are intensely private, and the government has no role to play in them. The entire democratic system is weakened when …

Roe v. Wade Read More »

What does at-will employment mean?

At-will employment is the default rule of employment in the United States. However, some states, even ones that adhere generally to at-will employment, have restrictions and limitations surrounding employment termination. This post summarizes at-will employment in a general sense and does not delve into all exceptions and restrictions. As always, it is best to seek …

What does at-will employment mean? Read More »

Equity Investment Term Sheets: Liquidation Preferences

A liquidation preference deals with what happens to the proceeds of the Company after it is dissolved or sold. Investors typically want to get their money back first before anyone else and a liquidation preference outlines that right. There are several types of liquidation preferences. Standard Seniority This is present in most financings. It means …

Equity Investment Term Sheets: Liquidation Preferences Read More »

Brandon J. Huffman Quoted on Esport Workplace Challenges

The Washington Post recently wrote about alleged workplace abuse at esports organization TSM along with employee misclassifications. Here is an excerpt: Former workers described the atmosphere at TSM and Blitz as start-up-like, where hierarchies were fluid and staff was expected to wear many hats at once. But experts who reviewed contracts for some former workers …

Brandon J. Huffman Quoted on Esport Workplace Challenges Read More »

Ryan Fairchild Quoted on Esports Classification Concerns

Law360 recently wrote about the concerns with esports classifications, particularly with independent contractor classification issues. Here is an excerpt in relation to the contract between FaZe Clan and Turney Tenney, also known as Tfue: Outside the FaZe Clan case, a reason for the lack of litigation could be that players either make too littleor too …

Ryan Fairchild Quoted on Esports Classification Concerns Read More »

Best Practices in Creating and Enacting Return-To-Work Policies for the Company, Part 2

As more offices open up, more companies are seeking to keep their workforce safe. A vaccination policy, discussed in our previous blog post about return-to-work policies, is one piece of that process. However, no matter what policies a company has decided to adopt, there are important considerations in how to handle employee or visitor information …

Best Practices in Creating and Enacting Return-To-Work Policies for the Company, Part 2 Read More »

Equity Investment Term Sheets: Right of First Refusal and Co-Sale Right

Two common equity investment term sheet phrases are “right of first refusal” and “co-sale right” – but what do they mean? Right of First Refusal The right of first refusal is a right given to investors that allows them to purchase shares of stock that a stockholder is attempting to transfer.  For example, a co-founder …

Equity Investment Term Sheets: Right of First Refusal and Co-Sale Right Read More »

Best Practices in Creating and Enacting Return-To-Work Policies for the Company

COVID-19 has resulted in a multitude of questions about employment law and how businesses can navigate the pandemic in a safe and legal way.  In general, this overview on best practices will be high-level but these issues tend to be very state-specific, so a good starting point is going to be any state or local …

Best Practices in Creating and Enacting Return-To-Work Policies for the Company Read More »