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Blog Bite: What’s the Point of Committees?

The Board of Directors is allowed to set up committees, which are delegated certain responsibilities of the Board. These committees may consist of directors but also other individuals who are suit...

Blog Bite: What is a Section 83(b) Election?

Simply put, a Section 83(b) election is a tax code election made by someone who is receiving shares over time. Consider the following: if a founder just started a company, they might go on a th...

Blog Bite: How the Right of First Refusal Interacts with US Securities Law

The Right of First Refusal (ROFR) is a staple clause in most corporations’ shareholder agreements and by-laws. Simply put, it requires any shareholder who is offering (or receives an offer) to s...

Blog Bite: How Could Share Issuance Affect Your Franchise Taxes in Delaware?

Delaware is a popular jurisdiction for incorporation for many companies seeking to operate in the United States on account of it having a comprehensive and supportive set of favourable laws for co...

Blog Bite: Filling Vacancies on Your Board of Directors

Many jurisdictions require an Annual General Meeting at which a Board of Directors is elected, and unless otherwise indicated in company by-laws, every share is entitled to one vote toward the boa...

Blog Bite: Don’t Ignore the “Action Without Meeting” Clause!

In Delaware, and in most other US jurisdictions, a written resolution of shareholders (in lieu of a shareholders’ meeting) can only pass if at least a majority of shareholders entitled to vote a...

Blog Bite: Bringing An Investor Onboard? Document Your Corporate Resolutions!

Delaware, a popular jurisdiction for incorporation in the United States, requires a majority of shareholders to pass a written resolution in lieu of a meeting in most shareholder-level decisions, ...

Do Not-for-Profit Directors Get Paid?

There can be a tendency for entrepreneurs making their initial foray into the not-for-profit (NFP) space to draw parallels and comparisons with their experiences and knowledge from the for-profit ...

Our Daily Reading List – 26/09/2018

1 #Corporate #Law Should Embrace Putting Workers On Boards: The Evidence Is Behind Them - by Ewan McGaughey @HarvardCorpGov Read Here   2 US #Corporate #Law News: Delaware ...

We had the pleasure of meeting Cooperathon at the Montreal Startup Open House

We had the pleasure of meeting Cooperathon at the Montreal Startup Open House and they alerted us to this upcoming event. Join Cooperathon and you could change the world! Do you like building...

Knowledge Helpdesk Questions (Ongoing)

Legal drafting is hard!  Our organizational members can access our knowledge helpdesk.  This Is No Substitute for Expert Legal Advice:  Our knowledge-helpdesk is intended to assist you to find kno...

Pick of the Litter: This Robot Just Wants To Hug A Jellyfish Without Committing Jellymurder

The 'Hound is sniffing out cool innovations for you. Multiplicity's What's Cool Weekly This Robot Just Wants To Hug A Jellyfish Without Committing Jellymurder Chinese Sci...

Breaking Down Barriers for the Latino Community

Rajah Lehal, Founder and CEO of Clausehound has an organizational role in activating the BMW Foundation Responsible Leaders Networks in North America. BMW Foundation is a supporter of...

The Business Case for Investing in Women

Our partner organization Invest Ottawa recently published an article on the AccelerateOTT panel discussion. It has a simple message: invest in women founded businesses. It provides se...

Drake and Michael Jackson Controversy

Our partner organization Bullfrog Insurance recently wrote an article on Drake's latest album and music copyright. With the controversial inclusion of a previously unheard of MJ song,...

Paperchaser

Following the ethos of all our Clausehound products, our Paperchaser product is a "blueprint" to a company's legal foundation.  Regardless of whether you are starting a bakery, restaurant, software b...

Founders Agreements: Splitting that Za

So, you have a million - nay - a billion-dollar idea you’re trying to get to market, but you don’t know where to start. For starters, building a strong foundation  might begin by defining the bus...

Pick of the Litter: Removing Old Underwater Oil Rigs Worse Than Leaving Them?

The 'Hound is sniffing out cool innovations for you. Multiplicity's What's Cool Weekly Removing Old Underwater Oil Rigs Worse Than Leaving Them? Credit Score For Develope...

Canadian Innovation Exchange 2018

Our partner organization CIX is proud to be bringing back their annual growth-stage startups conference! Think you have what it takes to be one of the top 20 hottest tech companies? A...

How This Museum Helps Shape the Future of the Mediterranean

Rajah Lehal, Founder and CEO of Clausehound has an organizational role in activating the BMW Foundation Responsible Leaders Networks in North America. BMW Foundation is a supporter of...

How Are You Going to Attract and Retain Top Talent?

Our partner organization Invest Ottawa has recently made a post on acquiring and keeping top talent. Everybody has heard about the workplaces with yoga, catered lunches and in-house m...

GBC Entrepreneur Spotlight: Alex Rushdy and Lucas Takashi

Our partner organization, startGBC, recently posted about two successful George Brown entrepreneurs. Alex and Lucas discuss their success with 13am Games, their journey leading to it ...

5 Things to Consider When Using a SAFE

The Simple Agreement for Future Equity (SAFE) has been gaining popularity  as a result of its use by seed accelerators such as Y Combinator in the US, and NACO in Canada. It has allowed startups to g...

Pick of the Litter: A New Cloaking Approach Could Potentially Make Objects Invisible From Every Direction

The 'Hound is sniffing out cool innovations for you. Multiplicity's What's Cool Weekly A New Cloaking Approach Could Potentially Make Objects Invisible From Every Direction ...

YEDI Spring 2018 Venture Fair

Our partner organization YEDI is hosting their Spring 2018 Venture Fair. This will show off start-ups from their recent Spring Incubator Track, and let them pitch their innovative ide...
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