Business

What are fiduciary duties?

When bringing on new board members or officers, companies should make sure those individuals are aware of their responsibilities to the company. This includes their “fiduciary duties” to the company. Why do corporate board members and officers owe fiduciary duties, and which duties are owed? Shareholders are the owners of a company. The success of …

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What is Steam Deck? How will publishing agreements be affected?

There are many opinions on how Valve’s Steam Deck may benefit game developers, especially indie developers, but when we heard the announcement we were mostly concerned with one thing: how will Steam Deck affect publishing agreements moving forward? What is Steam Deck? Valve recently announced a new gaming handheld device called the Steam Deck that …

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What are the different clauses in an NDA?

Non-disclosure agreements, as we talked about in a previous blog post, are important tools for any company that shares confidential information with third parties. Within a non-disclosure agreement (NDA), there can be different clauses about rights, relief and more. This post is meant to summarize some of the more “legalese” provisions that might appear in …

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What is an NDA and why does it matter?

Non-disclosure agreements are important tools for any company that shares confidential information with third parties For some companies, this confidential information may represent some of its most competitive assets. For others, the protection may be for the benefit of protecting the personal information of clients or employees. Whether working on a consulting agreement, service agreement, …

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Can I raise money or sell my business when I have a PPP loan?

What is a PPP loan and do I have one? A Paycheck Protection Program (PPP) loan is a loan that is backed by the Small Business Association (SBA) to provide economic relief to businesses adversely impacted by COVID-19. If a business owner applied for economic aid under the CARES Act, they probably have a PPP …

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Are giveaways on Twitch legal?

Giveaways that are run on Twitch are subject to the same laws as giveaways (which vary from state to state in the United States). We’ve talked about the differences between giveaways (aka sweepstakes) and contests before and what can define a giveaway. So, are giveaways on Twitch legal? It depends If all of the normal …

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What is one thing that most (if not all) digital creators need?

Here’s a hint – not having these is one of the biggest mistakes digital creators can make. We’re not talking about tons of followers or amazing brand deals or even the best equipment. While those things are certainly nice, if a creator doesn’t have the right agreements in place for their team (and by team, …

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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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