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Showing 4 posts from March 2014.

PART 3: New Michigan Law Permits Intrastate Crowdfunding

law permits intrastate crowdfundingPart 1 and 2 of this series discussed the basic requirements that must be met to utilize Michigan’s new intrastate crowdfunding exemption.

This post will discuss the definition of an “accredited investor.” The distinction between accredited and non-accredited investors is important. Non-accredited investors cannot invest more than $10,000 under Michigan’s new intrastate crowdfunding exemption. Accredited investors, on the other hand, are not subject to the $10,000 investment cap. Read More ›

Categories: Crowdfunding, Venture Capital/Funding

Hydraulic Fracturing Fluid = Trade Secrets

hydraulic fracturing fluidThe toxic cocktail of chemicals in a company’s hydraulic fracturing fluid – much like Coca Cola’s secret recipe - is a trade secret.

Fracking involves pumping water, chemical fluids and sand underground into rock formations to fracture the rocks; the granular sand keeps the cracks open, thereby allowing the release of oil and natural gas from the fractured created rock veins. Read More ›

Categories: Trade Secrets

YouTube Video Admitted as Character Evidence in Murder Case

youtube video admitted as character evidenceDid you know that the YouTube video you just posted may be used in court to determine your character? In a Delaware case, Gallaway v. State, a video of a man using mouthwash as a decongestant may have been the difference for the jury, which found him guilty of murdering his daughter. The father claimed he was performing stretching exercises with his daughter when she slipped and fell on the floor. A few days after the fall, she died from suspected non-accidental trauma. Read More ›

Categories: Social Media

Part 2: New Michigan Law Permits Intrastate Crowdfunding

michigan law permits intrastate crowdfundingPart 1 of this series discussed the 12 basic requirements that must be met to utilize Michigan’s new intrastate crowdfunding exemption.

This post will take a deeper look at Requirement 2. As noted in Part 1, Requirement 2 states that the offer must meet the requirements for the federal exemption for intrastate offerings under Section 3(a)(11) of the Securities Act of 1933 (the “1933 Act”). Read More ›

Categories: Crowdfunding, Venture Capital/Funding