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CCPA Compliance: One Year Later
It was only one year ago that the California Consumer Privacy Act of 2018 (CCPA) went into effect. The CCPA is a landmark privacy law providing California residents various protections with regard to...
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Trademark Modernization Act: Overview
On December 27, 2020, the Trademark Modernization Act (“TMA”) was signed into law, making changes—some effective immediately—to the Lanham Act. Among the changes, some specifically important ones to...
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Washington State LLC Builder For Multi-Member LLCs
If you have or are thinking about going into business with others, then you know how important it is to get the right legal foundation in place for your company. A solid foundation means less time...
View ArticleUnderstanding an NDA and Issues to Watch Out For
Whether you are exploring an exciting new partnership, joint-venture opportunity, or seeking funding to grow your company, non-disclosure agreements (NDAs), or confidentiality agreements, are a normal...
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Trade Secret Basics – Protect Your Company’s Confidential Information
A “trade secret” is generally defined as a piece of confidential information belonging to a company that provides the business with a competitive advantage in the marketplace. A few common examples...
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New Washington Law Limits Use of Certain Nondisclosure and Nondisparagement...
Washington Governor Jay Inslee signed into law the Silenced No More Act on March 24, 2022. The new law places specific restrictions in the way employers use nondisclosure and nondisparagement...
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Non-Solicitation v. Non-Compete Clauses
Non-solicitation and non-compete clauses are both common provisions that employers incorporate into employment agreements. While the two may have similarities, they are quite different provisions that...
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Hey, Foundry: Authorized Shares & Ownership
Email from a recently formed two founders start up: “Hey, Foundry, when you formed our corporation, I thought we had 10 million authorized shares. Why do we only have 4 million shares each and not 5...
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What Does Indemnity Mean and How Does it Impact my Business?
“Indemnity” is a legal term that often arises in discussions and dealings with business contracts. The term means that if one party to a contract suffers a loss because of a second party’s conduct,...
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Are Electronic Signatures Valid in Washington?
In many instances, yes. Washington adopted the Uniform Electronic Transactions ACT (UETA) in 2020. UETA sets forth specific requirements concerning the validity of electronic signatures for...
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The Importance of Information Security Policies & Why Your Company Needs One
Information security policies, also known as “ISPs,” refer to a collection of directives, regulations, and rules that advise and direct how an organization manages, protects, and distributes its...
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Are Non-Solicitation Clauses Enforceable?
A non-solicitation clause is a common provision that employers incorporate into their employment agreements. The clause essentially tries to protect a company’s clients. Under Washington law,...
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Delaware or Washington: Where Should I Incorporate My Startup?
This is a common question that our attorneys often hear from Washington startups. While the specific answer will likely depend on your particular company and situation, there are a few factors to take...
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New Independent Contractor Protection Ordinance to Take Effect Sept. 1
On September 1, 2022, the City of Seattle will have a new ordinance regrading independent contractors. The new law, labeled the Independent Contractor Protection Ordinance (ICPO), is designed to...
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Hey, Foundry: what are your thoughts on not including a vesting schedule for...
Email from a startup whose founders have been working on the company’s product for months prior to incorporating: “Hey, Foundry: what are your thoughts on not including a vesting schedule for our...
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Three questions to resolve before you enter a potential acquisition
One of my favorite parts about being an attorney at Foundry is the firm’s acquisition practice. Whether we are representing the buyer or seller, acquisitions are an exciting, pivotal moment for our...
View ArticleHey, Foundry: are you now in Spokane?
Yes. Foundry Law Group is excited to announce its expansion into Spokane, Washington with the hiring of Spokane-based business attorney, Asif Lundstrom. “I joined Foundry because the firm’s culture...
View ArticleNonprofit renewals – FAQ
The State of Washington approved a new nonprofit law that went into effect on January 2, 2022. With the new requirements, there are new questions on the renewal form/process with the Secretary of...
View ArticleCan I Use Chat GPT to Draft Employment Contracts
We don’t recommend it. For those unfamiliar with Chat GPT, it’s essentially an artificial-intelligence (AI) chatbot that was created by a company called Open AI. It has garnered much attention as of...
View ArticleWhat Does “Human” Element Mean as it Applies to Copyright?
The U.S. Copyright Office will only register a work of authorship if that work is “eligible” for copyright protection. The “human” element to copyright is essentially one element for copyright...
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