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 […]

Check the Box Licenses: Effective? We say Yes!

At Foundry we draft and review terms of service, terms and conditions, and end user license agreements on a regular basis. Each time, we are faced with the question of the best way to display the terms of service and have end users agree to them? In our work we always review the placement of […]

My Startup Weekend Rollercoaster Ride

Attending a Startup Weekend is like riding a rollercoaster for the first time: after you’ve attended once, you decide whether you’re a rollercoaster-person or not. If you are, you want to take another ride. And maybe another after that! Startup Weekend is a weekend full of hands-on experience where experienced and aspiring entrepreneurs’ work together […]

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 info@mksinghlaw.com 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 […]