Five major changes to California’s privacy law your business should know about

Last election day, Californians approved Proposition 24–adopting the California Privacy Rights Act (CPRA) to expand the state’s existing privacy law, the CCPA.  Besides establishing a new enforcement agency and making it harder for state lawmakers to restrict state privacy law beyond the CPRA’s minimum standards, the new law makes substantial changes to California’s privacy regime. …

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What is an operating agreement and do I need one?

An operating agreement is an internal document that outlines how a limited liability company will be run. Basically, it includes everything the founders want to document about how to run their business.  Operating agreements can include all kinds of provisions, including specifics about when and how distributions are declared, who will serve as the managers, …

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Odin Law and Media Sponsors IGDA Holiday Cheer Hackathon

The International Game Developers Association (IGDA) is running a Holiday Cheer Hackathon through January 3rd, 2021, to share well wishes and traditions from all around the world. The Holiday Cheer Hackathon is providing support and community to all developers who may be unable to see friends and family during this holiday season. Odin Law and …

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Should I form a corporation or an LLC?

One of the biggest questions we get involves whether an entrepreneur should form a limited liability company (LLC) or a corporation when starting their business. We have previously written about different types of entities and provided an overview of several types of entities, including corporations and LLCs. This post focuses exclusively on the differences between …

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Why is my Delaware tax bill so high?

It’s that time of year when Delaware corporations start receiving franchise tax notices for annual taxes due by March 1st. Business owners may be shocked to see the total amount due for their corporation but they shouldn’t panic; they could owe significantly less than they think. Delaware has two methods for calculating annual franchise taxes: …

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Go Vote

In the United States, the average turnout hovers between 50-60% of the population. In 2000, roughly 50.3% of the eligible voting age population showed up at the polls. In 2016, roughly 55.5% of the eligible voting age population showed up at the polls. In 2016, the 55% VAP turnout put the US at 26th out …

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