A Hard Lesson in Trade Secrets

Full Disclosure: If you want to read the source article that gave rise to this post, you can do so here: https://www.cnbc.com/2019/03/23/how-sex-drug-promescent-sparked-a-150-million-legal-battle.html. I would categorize it as “kinda-NSFW,” but probably not something you want to have up on your screen should your boss be doing laps around the office. Under Wis. Stat. Sec. 134.90(c), a “trade … Read more

Dealing with Deadlock

“Sure, 50\50 ownership is fine” the potential clients said to me as they looked across my desk. “We haven’t really talked about it, but I guess it’s fair. Do you think that’s best?” Entrepreneurship is my jam – I love it! I have met with many nascent entrepreneurs – all with various legal and business … Read more

Making Estate Administration Easier: 3 Things to Think About

Here are 3 quick tips to make your loved one’s estate plan execution process a little easier. It’s uncomfortable to discuss estate planning with your parents or other loved ones, but these simple tips will make administration of any estate much, much easier. Where is the Will\Trust\Etc?:  This is pretty self-explanatory – but please discuss with mom … Read more

Mac Ain’t So Big Anymore (in Europe)

We file a lot of trademarks here at OG+S. At the most basic level, a trademark allows you the right to exclude someone else from using your name or logo – and also allows you to exclude someone from using a name or logo that is close (or kinda close) to your protected name or logo. … Read more

Cut that slice in half: Dilution and Pizza

Building on the totally tubular authorized, issued, and outstanding shares (pizza slices) post from two weeks ago, this post discusses a simple dilution example to help highlight the basics.  Leonardo’s Pizza Parlor has 5,000,000 Authorized Shares; it has 1,000,000 shares outstanding.  Let’s assume you own 100,000 shares of  the Company – or 10% of the … Read more

There is Only One Pizza – But the Number Of Slices is Up to You

This is the first post in a series about dilution.  Before we start down that path though, lets start with some simple background information. The key to understanding dilution comes with three simple words: Authorized, Issued, and Outstanding (shares). Authorized Shares means the total (read, total ever) shares a Corporation can create or “cut itself into.”  If … Read more