Business Rap: Investing in Single-Family Homes
On November 7, Foster Swift Business Attorney John Mashni, joined a round table discussion with other business professionals on Business Rap, a weekly podcast featuring Mid-Michigan's brightest business owners and decision makers discussing business trends, challenges and politics affecting employers and owners. Read More ›
Categories: Did you Know?
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Are Ransomware Payments Tax Deductible?
Earlier this year it was revealed that hackers had seized 1.5 terabytes of data from HBO, and over the course of the summer the hackers released the stolen property, including script summaries for "Game of Thrones," as well as scripts and entire seasons of other HBO shows. Read More ›
Categories: Cybersecurity
Forming a start-up venture with others? Consider a Founders' Agreement.
Co-founders of a start-up venture often find themselves excited and enthusiastic about getting their business idea off the ground. Amidst the whirlwind of developing a product or service and forming a team, it can be easy for the founders of the start-up to put legal work on the backburner. That is often a costly mistake. This blog post is the first in a series of articles on legal issues facing early stage ventures. In this installment, we will discuss founders' agreements. Read More ›
Categories: Did you Know?, Startup
Equifax or EquiFaux Pas: Updates on the Equifax Breach
In September 2017, credit reporting agency Equifax announced that personal information for over 140 million U.S. consumers was potentially compromised. Equifax’s forensic investigations have put the number closer to 145.5 million. The compromised data includes names, social security numbers, birth dates, addresses, driver’s license numbers and even credit card numbers. Within a matter of weeks after the breach, Equifax’s CEO, Richard Smith, announced he was stepping down. It soon became clear that Equifax’s troubles were just beginning. Read More ›
Categories: Cybersecurity, Did you Know?, Digital Assets
#Sponsored: What Social Media Influencers Need to Know to Remain Compliant with the FTC
Influencer marketing on social media is a very big business. Here’s how it works: brands team up with individuals with large and engaged followings on social media platforms such as YouTube, Facebook and Instagram (i.e., “influencers”), and pay them to promote their products. Read More ›
Categories: Digital Assets, News, Regulations, Social Media
Two Stars?! What can my Business do in Response to Negative Reviews?
Businesses are understandably concerned about negative reviews posted on popular websites such as Yelp, Facebook, and TripAdvisor. Read More ›
Categories: Did you Know?, Digital Assets, News, Social Media
Wire Transfer Attacks are Increasing: Here’s What Companies Can Do to Prevent Them
In our fast-paced, interconnected business world, the ability to quickly, easily and safely wire money is essential. Companies rely on wire transfers to complete transactions and keep supply chains moving. But with this convenience comes risks. Read More ›
Categories: Cybersecurity
How Are Foreign Entrepreneurs Affected by the Delay of the International Entrepreneur Rule?
On July 11, 2017, the Department of Homeland Security ("DHS") temporarily delayed the effective date of a rule that would have allowed foreign entrepreneurs to temporarily come to the United States and work in the country when they have received significant financial backing from established investors. Read More ›
Categories: Financing, Startup, Venture Capital/Funding
Online Sales, Export Opportunities and Due Diligence…Oh My (Part II)
Businesses receive online orders or inquiries from international entities through their websites constantly. In addition to business due diligence of vetting a potential customer and potential business deal (see Part I of this article dated June 12, 2017), legal due diligence on the export control side is key. Read More ›
HHS Office for Civil Rights Publishes Checklist for HIPAA Covered Entities Responding to Cybersecurity Incidents
The U.S. Department of Health and Human Service's Office for Civil Rights ("OCR") recently published guidance for entities covered by HIPAA, entitled "My entity just experienced a cyber-attack! What do we do now?" Read More ›
Categories: Cybersecurity, Digital Assets, Electronic Health Records, Fraud & Abuse, HIPAA
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