Monthly Archives: January 2010

Starting a Business – Limited Liability Company (LLC) (Part 6 of 7)

Arguably the most versatile of the forms, the LLC is somewhat of a hybrid, in it allows for the management flexibility of a general partnership, but features the limited liability of a limited partnership. LLCs can be member-managed or manager-managed … Continue reading

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Celebrity Trademarks: Beyonce, a.k.a. Sasha Fierce

From my office in Jacksonville, Florida, to a corner store in Hawaii, you would be hard-pressed to find anyone in the 12-35 year old demographic who does not know Beyonce. For all six of you who don’t, here’s a quick … Continue reading

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Celebrity Trademarks: Paris Hilton

Go ahead, roll your eyes. I am. And I’m synchronizing it with an annoyed sigh and a defeated slouch. As irritating / overrated / superficial / predictable / contrived / insincere / underwhelming as Paris Hilton is, I have to … Continue reading

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Starting a Business–”C” Corporations and “S” Corporations (Part 7 of 7)

A “C” Corporation requires the issuance of shares and the election of a board of directors. There is no personal liability incurred by the shareholders, directors, or officers for actions by the corporation. “C” Corporations are subject to double taxation, … Continue reading

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Starting a Business – Limited Liability Partnership (LLP) (Part 5 of 7)

LLPs allow for all of the partners to share in management, and in case liability arises (for malpractice or negligence only), the offending partner is personally liable. Just like any other partnership, LLPs have pass-through taxation. Forming an LLP requires … Continue reading

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Starting a Business – Limited Partnership (Part 4 of 7)

In a limited partnership, there are two classes of partners: general and limited. The general partner is the one who runs and manages the business, oversees the day-to-day operations, and incurs personal liability on behalf of the partnership. The limited … Continue reading

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Starting a Business – General Partnership (Part 3 of 7)

In a general partnership, agency theory applies wherein each of the partners can bind the entire partnership. Each partner also incurs personal liability, but benefits from what is termed “pass through” tax treatment. “Pass through” tax treatment means that although … Continue reading

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Starting a Business – Sole Proprietorship (Part 2 of 7)

The sole proprietorship is owner-managed and is suitable for a single-owner/employee enterprise. The owner/employee faces total personal liability but is taxed personally via their individual income tax return. Although there are no structural formalities within a sole proprietorship, the name … Continue reading

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Starting a Business – What are the options? (Part 1 of 7)

Before registering a business, every new business owner is confronted with the task of deciding what business form/entity to use. Well, the basic common business forms come in 6 flavors. They are the sole proprietorship, the general partnership, limited partnership, … Continue reading

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Intellectual Property Basics: Seminar at Florida Coastal School of Law

Recently, at the Florida Coastal School of Law campus in Jacksonville, Florida, law professor, Carolyn Herman and patent attorney, Clark Wilson, presented a seminar entitled, “Identifying Intellectual Property Issues for the General Practitioner.” It was a succinct presentation covering patent, … Continue reading

Posted in Copyright Law, Infringement & Misappropriation, Intellectual Property & Licensing, Patent Law, Servicemarks, Trademark Law | Leave a comment