The Foundry Law Blog

Social Purpose Corporations: Beyond the Profits

Social Purpose Corporations (SPC) are an interesting and (relatively) new corporate form available in Washington State that gives directors and officers the luxury of exploring ways to positively impact their employees, community, and environment, with less fear of repercussions via legal action from angry shareholders.  If you are starting a company that has one of […]

Relief In Sight: Liquor & Cannabis Board to Consider Rules Changes

I have been telling my cannabis industry clients and constituents for two years to be patient; the regulations which, to a great extent, have choked the development and growth of the legal cannabis industry in Washington, will loosen up eventually. Washington’s restrictive and conservative approach, which has purposefully stayed under the federal oversight scrutiny, appears […]

#BestContestEver #TopTenBestPractices

Are you thinking about running a social media contest to engage your users and help your business stand out? We’re sharing our top ten things to think about to run a successful social media contest and create a positive experience in the process. What Kind of Competition are you Running? We start by noting the […]

Work For Hire vs. Assignment of Work Product

FOR EDUCATIONAL USE ONLY This table does not constitute legal advice – if you have questions, please contact [email protected] Work-For-Hire Assignment of Work Product Defined by the United States Copyright Act of 1976 ((17 U.S.C. § 101)) as:1) a work prepared by an employee within the scope of his or her employment; OR2) a work […]

Delaware passes into law the Public Benefits Corporation

  Great news for Social Innovators! Delaware has passed into law the formation of Public Benefits Corporation and the forms are up and running as of August 1, 2013. The public benefits corporation (PBC) is a new option for businesses and entrepreneurs that are for-profit enterprises with a social mission.  This will allow enterprises to […]