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Author Archives: David Toback

EstatePlan7

Nikolas Cruz’ Criminal Case Has Estate and Probate Legal Issues

By David Toback |

The criminal case involving accused school shooter Nikolas Cruz is in the early stages, but there are already angles of the case that are starting to involve probate and estate law. The post-tragedy legal situation is an interesting look about how estate law can come into play when least expected. Qualification to Use the… Read More »

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IP

Patent Infringement Claims Are Not Always Valid

By David Toback |

Patents protect our intellectual ideas, and make sure that our proprietary business inventions aren’t stolen and used by just anyone. But sometimes, patents can be used the wrong way, as they often are by what are known as patent trolls. A recent allegation of infringement has arisen, bringing to light how important it is… Read More »

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BusFraud

Stay on the Legal Side of Securities Fraud Laws

By David Toback |

Martin Shkreli, who best became known as “Pharma Bro,” has been sentenced to 7 years in prison. Although his actions were high profile, what led him to his conviction can be a lesson to business owners everywhere. Shkreli’s Conviction Shkreli became infamous when it was revealed that a drug company he had purchased raised… Read More »

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Business3

Your Shareholders’ Agreement Can Protect Your Investment In a New Business

By David Toback |

In the world of corporate and business documents, we often pay a lot of attention to Articles of Incorporation, bylaws, LLC management agreements, corporate resolutions and other records that govern your business and instruct directors and shareholders how a company will operate. Buying In But what if you are buying into an existing company?… Read More »

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Legal3

Business Policy Changes Can Create Legal Problems

By David Toback |

Change is at the heart of any good business. Staying stagnant will often lead to your business being left behind, while change is often the catalyst for growth and profits. But change must be implemented correctly. Often, good ideas can lead to trouble when the legalities of the changes aren’t fully thought through. Such… Read More »

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DNATest

Can You Patent Your DNA?

By David Toback |

Deep inside of you, there is something that potentially has great value to the outside world, which you may not even be aware had such value: your DNA. Much like your contact information which has value when data lists are purchased by marketing companies, your DNA has similar value to companies that are not… Read More »

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Taxes

Tax Laws Apply to Cryptocurrency

By David Toback |

Cryptocurrency, which once was just Bitcoin, and now is seemingly a slew of online virtual currencies, is becoming more and more a part of our world. The news seems obsessed with reporting on it as an investment, particularly the swings in value that are more dramatic than any traditional stock or investment. Whether you… Read More »

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Tax2

Sales Taxation for Online Purchases May be Coming

By David Toback |

You may not have noticed, but when you buy something online, rarely is there a sales tax imposed the way there is when you buy something locally, at a brick-and-mortar store. You may be wondering why Uncle Sam doesn’t want its cut of those transactions. The answer lies in a 1992 Supreme Court decision,… Read More »

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BooksGavel

Things You Didn’t Know About Shareholders and Corporate Shares

By David Toback |

If you have a small business, you may have shareholders. Yet, you may not even give thought to the legalities of shareholders or the ways that shareholders can impact your business. Here are some little known things about shareholders that every business owner should know. You Pick the Classes There are different classes of… Read More »

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BusinessCompl

Apple’s Problems Are a Good Legal Lesson for Businesses

By David Toback |

Our parents would always tell us that honesty is the best policy. That maxim is not only good life advice, but good legal advice as well. Often companies get in trouble not because of something that they did or failed to do, but because they didn’t just tell customers or the public what they… Read More »

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