Texas Data Privacy & Security Act
This blog focuses on the Texas Data Privacy and Security Act (TDPSA) which establishes new consumer privacy rights and imposes data security obligations on qualifying businesses, effective July 1, 2024. If you conduct business in Texas or handle Texas residents’ personal data, it’s essential to understand these requirements and take steps to ensure compliance.
The Power of an LOI
This blog post explains why a Letter of Intent (LOI) is essential in acquisition transactions, despite initial alignment between parties. It outlines how an LOI benefits both buyers and sellers by clarifying key financial and legal terms, setting expectations, and providing enforceable confidentiality and exclusivity.
Stockholders’ Rights of Venture Investors After Moelis
This blog explores the tension between Delaware corporate law’s board management principle and investor demands for control, highlighting legal challenges and potential legislative changes to the Delaware General Corporation Law after the Moelis decision.
What Is A Search Fund & Why Should You Start One?
Starting a search fund offers a direct path to leading a profitable business. This blog covers the history, mechanics, and life cycle of a search fund, as well as the characteristics of companies targeted by search funds.
Comparing the Conversion Mechanics of Safes and Convertible Notes
This blog focuses on understanding the conversion mechanics of Safes versus Convertible Notes, which is essential for founders navigating pre-seed financing, as they differ in their treatment of shares outstanding and impact the equity distribution among stakeholders.
General Update on Pick’em Contests
For our Fantasy Sports and Gaming clients, VW Senior Attorney Blake Hart has provided an update on the evolving situation with Pick’em contests!