,%20we'll%20start%20by%20defining%20it.)
I’m sure you’re saying, “Wait, another alphabet soup of regulation?” Yep. GDPR stands for The General Data Protection Regulation. Heard of it? The topic's been floating around the news over the past couple years, and today it finally becomes enforceable. But how many of you have been paying attention? Hopefully you all raised your hand as this new regulation could have an impact on your business. For the sake of this blog post, let's say you haven't done your homework on GDPR. If that's the case (which I'm sure it's not), we'll start by defining it.
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As much as we hate to admit it, sexual harassment is a hot topic right now. From celebrities to large corporations and even startups, it’s everywhere. And regardless of whether you want to discuss it, sexual harassment needs to be talked about with your employees because, let's face it, it's not going anywhere unless we do something about it.
...Read More%20before,%20but%20now,%20let’s%20take%20the%20time%20to%20really%20understand%20this.%20Over%20the%20next%20few%20posts%20in%20this%20series,%20we’ll%20take%20a%20dive%20into%20the%20indemnification%20pool%20(pun%20intended)%20and%20break%20down%20the%20useful%20definitions%20and%20considerations%20to%20give%20you%20enough%20to%20have%20a%20conversation%20and%20lead%20you%20into%20more%20in-depth%20research.%20In%20fact,%20Indemnification%20Caps%20(“Caps”)%20are%20essential%20to%20both%20buyers%20and%20sellers%20and%20draw%20on%20expertise%20from%20litigators%20and%20deal%20lawyers.%20Are%20they%20worth%20it?%20You%20bet,%20a%20botched%20indemnification%20negotiation%20could%20negate%20the%20entire%20value%20of%20the%20deal%20you%20just%20closed.%20Is%20it%20tricky?%20As%20you’ll%20see,%20the%20negotiators%20have%20their%20own%20language.%20Let’s%20start%20with%20a%20broad%20definition%20that%20we%20can%20refer%20back%20to%20throughout%20the%20series:%20What%20is%20an%20Indemnification%20Cap)
We have all come across this concept (or is it a term?) before, but now, let’s take the time to really understand this. Over the next few posts in this series, we’ll take a dive into the indemnification pool (pun intended) and break down the useful definitions and considerations to give you enough to have a conversation and lead you into more in-depth research.
In fact, Indemnification Caps (“Caps”) are essential to both buyers and sellers and draw on expertise from litigators and deal lawyers. Are they worth it? You bet, a botched indemnification negotiation could negate the entire value of the deal you just closed. Is it tricky? As you’ll see, the negotiators have their own language.
Let’s start with a broad definition that we can refer back to throughout the series: What is an Indemnification Cap?
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When you form a company you need lots of legal documents in place. But how do you know what you need and when you need it? Look no further! We've created this handy legal document timeline just for startups. And as always, please give us a call at 765.423.7900 if you need help getting any of these documents drafted.
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Think you have an idea? Like a really good idea? Well, it may be worth nothing if you don't get the proper protection in place. But how do you know if you need protection? And another question: how do you know what kind of protection you need? A patent? Trademark?
The good news is, we came up with an idea of our own. It's called Informed IP.
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