BizTech Law Blog
Equity incentive plans are a powerful tool for encouraging and rewarding a company’s employees and leadership, who may include prospective investors, through different kinds of equity interests and structures. Different structures can present different tax and economic consequences for the company and participants upon grant, vesting, purchase, or later sale.
Closely held businesses vary widely in size, budget, legal and tax structure, sophistication, compensation philosophy, and risk tolerance. Incentive programs therefore also vary widely among closely held and ...
See also Recommendations on AI and Copyrightability from the U.S. Copyright Office’s Latest Report
It is no surprise that generative artificial intelligence (“AI”) is changing the way companies all over the world operate. Some are embracing it with open arms and finding consistent opportunities to integrate AI into the workplace. Other businesses have found themselves at a standstill in terms of incorporating AI into their preexisting tools and technology, wondering whether embedding AI into their systems is a necessary step to stay relevant or one that may take them away ...
Beware of a new scam targeting Michigan businesses and individuals. The scam uses fake mailings containing “Annual Statement Past Due” notices.
These notices arrive in plain white envelopes, bear no return address, and contain QR codes for payment of alleged past-due fees.
This scam is an attempt to collect money or sensitive information. While the notices appear official and reference actual business names, Michigan’s Department of Licensing and Regulatory Affairs (LARA) has confirmed that this is a scam. If you receive such a notice, shred it and do not engage with the ...
To hear more on this topic, business & IP attorney, Lindsey Mead, recently appeared on an episode of Expert Connexions to discuss the copyrightability of AI-generated content. See the interview here.
The United States Copyright Office (the “Office”) released the latest part in its Report on Copyright and Artificial Intelligence on January 29, 2025. Part 1, titled “Digital Replicas” was published on July 31, 2024 and discussed videos, images, and audio recordings that are manipulated to falsely depict individuals and information. This practice of creating ...
The landscape of retirement plan eligibility is shifting, and plan sponsors need to prepare for key compliance changes affecting long-term part-time (“LTPT”) employees.
The Federal Trade Commission (FTC) is continuing its firm stance in regulating companies making unsubstantiated or exaggerated claims about their products or services employing artificial intelligence (AI).
On January 20, 2025, President Donald Trump revoked former President Joe Biden’s executive order related to the utilization of artificial intelligence (“AI”).
The Kansas City Chiefs and the Philadelphia Eagles are playing in Super Bowl LIX this Sunday, February 9. If the Chiefs win, this will be their third consecutive Super Bowl win, and, according to the Kansas City Star via reporter Blair Kerkhoff, the team can purportedly use Miami Heat team president and legendary NBA coach Pat Riley’s trademarked phrase “three-peat”.
Now is a busy time for businesses as they wrap things up before year-end. But the holiday season can be stressful for a different reason when the owner or some of the employees are responsible for the care of aging family members on top of working full-time.
This blog has been updated since December 4, 2023. The data below is current.
The IRS has announced the 2025 cost-of-living adjustments for retirement plan and health and welfare benefit plan limitations. The charts below set forth the applicable limitations.
