The Foundry Law Blog

Hey, Foundry: are you now in Spokane?

Yes. Foundry Law Group is excited to announce its expansion into Spokane, Washington with the hiring of Spokane-based business attorney, Asif Lundstrom.  “I joined Foundry because the firm’s culture and approach to the practice of law is unique and reminds me a lot of the high-growth tech companies I previously worked for: agile, client-centric, and […]

Three questions to resolve before you enter a potential acquisition

One of my favorite parts about being an attorney at Foundry is the firm’s acquisition practice. Whether we are representing the buyer or seller, acquisitions are an exciting, pivotal moment for our clients. However, acquisitions are also stressful for clients: a lot of money is involved and the “what if” and “what about” considerations are […]

Hey, Foundry: Authorized Shares & Ownership

Email from a recently formed two founders start up: “Hey, Foundry, when you formed our corporation, I thought we had 10 million authorized shares. Why do we only have 4 million shares each and not 5 million if we are 50-50 owners?” At Foundry, we frequently receive questions like this. To start, it is standard […]

Washington State COVID-19 Business Resources

This post covers Washington State COVID-19 business resources and relief. COVID-19 is having an impact on all businesses throughout the State of Washington. Below is a brief list of some important resources available now for Washington businesses affected by COVID-19.   The Small Business Administration COVID-19 Business Relief Many businesses are experiencing financial disruption because […]

Does my startup need Patent or Trade Secret protection on its IP?

One of my favorite responses to any question is: “I guess I’ll have to answer your question with another question.”  It’s probably the reason people generally avoid me at parties, but so often when giving any advice, it makes more sense to leave the decision in the hands of the person with the most intimate […]

What Makes a Good Privacy Notice?

A “Privacy Policy” commonly refers to what is technically a business’ “Privacy Statement” or “Privacy Notice”. The policy is made up of the internal and external protocols, rules, guidelines and steps that a business takes regarding the collection, use, storage and destruction of personally identifying information (PII) and non-personal (aka. “technical”) information. Businesses put a […]

Make it a Policy to Protect Your Business From Privacy Threats

2016 will be remembered as the year that privacy became the buzzword small businesses took notice of. We saw the establishment of the first ever Federal Privacy Council this year, read about numerous data breaches (and maybe even felt the impacts personally), and the US specifically felt the repercussions of the overturning of its data […]