Well, it’s safe to say that 2020 didn’t go in a way any of us could have easily predicted. We made some solid guesses on what might happen in 2020 and in 2019 but most of our predictions got derailed by the pandemic. That being said, here’s our thoughts and predictions on 2021 as the …
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, …
What is an operating agreement and do I need one? Read More »
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 …
Odin Law and Media Sponsors IGDA Holiday Cheer Hackathon Read More »
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 …
A limited liability company (LLC) is one structure for a business. There are a few different ways to structure your business. However, we have a more in-depth overview of the entity types here. In order to set up an LLC, an individual or organization should follow these steps: Pick a name This is possibly the …
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: …
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 …
As a law firm with several video game attorneys on staff, everyone is a gamer in their own right. Here’s what we’ve been playing this fall: Brandon Huffman, Attorney & Founder Luigi’s Mansion 3 by Nintendo (Nintendo Switch), Call of Cthulhu (Tabletop) As we get closer to Halloween, my son and I are getting closer to finishing the …
Eight months after the enactment of AB 5, California’s Employee Classification law, employers are once again having to re-evaluate the status of their California employees. Earlier this month, California’s Governor signed AB 2257 into law, which carves out additional exceptions for industry freelancers. Background on AB 5 & AB 2257 AB 5, or the “gig …
Legislative Update: AB 2257 is now California law – now what? Read More »
