On April 23, 2024, in a 3-2 vote, the Federal Trade Commission (FTC) issued a final rule banning non-compete clauses in most employment agreements nationwide. ...
In a ruling with very specific and limited impact, the U.S. District Court for the Northern District of Alabama recently held the Corporate Transparency Act (the “CTA,” the subject of a recent post on this blog) unconstitutional on the grounds that the CTA exceeds Congress's...
In the fast-paced world of startups and entrepreneurship, blending the old with the new can often lead to unexpected challenges, especially in the realm of legal compliance. Take, for instance, the intersection of age-old U.S. securities laws—which governs the raising of capital—and the dynamic domain...
The Corporate Transparency Act (CTA), a new federal law that imposes reporting requirements on many businesses of all sizes, has flown under the radar for many entrepreneurs and business leaders. According to a recent Wall Street Journal article, a significant number of small businesses, in...
The kickoff of the Virginia General Assembly’s 2024 Legislative Session brought the introduction of two bills proposing significant changes to the permitting process for commercial-scale solar and energy storage, in response to an emerging trend of localities implementing policy roadblocks to renewable energy development. ...
Large-scale solar development is widespread in rural Virginia. Such projects usually require special use permit approval at the county level, among other actions. In the face of citizen opposition to large solar projects, often of the "not in my backyard" variety, some Virginia county governing bodies...
On February 7, 2023, well-known venture capitalist Mike Solana tweeted his point of view about the impact of artificial intelligence on the legal industry: “There will probably be a 12 to 24 month sweet spot for lawyers smart enough to use AI...
In the excitement of the “idea” phase of a startup’s life, it is easy for its founders to forget that the company’s only real asset at that time is its intellectual property (“IP”). If the founders are able to decide on an appropriate split of...
Solar Magazine, one of the solar power industry’s leading publications, recently published an article written by Greene Hurlocker partner Jared Burden titled "What’s Driving Solar Industry Investment and Where Are Dollars Flowing To?” Jared’s article addresses the reasons for growth in the solar power industry, where...
The typical founder team starts an entrepreneurial venture with limited resources—meaning their own resources. They run a race to get customers to buy their product before the company runs out of cash. They may get an SBA loan, they may get some money from an...
