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Your company was founded to take advantage of ideas — but you will likely need help to execute your plan for monetizing those ideas. You may search for a canned Non-Disclosure Agreement (NDA) off the internet and plan to ask others to sign that before you disclose your ideas to them. An NDA is a good start, but if that is all you rely on to protect your ideas from being stolen, you might be at risk of losing everything. What is it? The NDA is designed to protect secrets, specifically trade secrets. A trade secret is a kind of intellectual property Continue Reading →
I get requests for free Non-Disclosure Agreement (NDA) templates all the time. If contracts were food, template NDAs would be junk food: They fill a limited purpose, but they’re not the basis for good business (or dietary) practice. Nearly everyone seems to know that they should use a NDA when they encounter a need to discuss sensitive information. But why? One way to protect ideas is to convert them into a form of intellectual property called a trade secret. A NDA can help you help protect your ideas, but by themselves NDAs can mislead their users into thinking their ideas are fully protected trade Continue Reading →
Question I have a company in another state with my business partner, but I am relocating to Virginia and we wish to form a company here in a completely different industry. How should we do that? Can I just use a DBA to do what I want? If I have to set up a new company should I do it as a subsidiary of the first company or as a completely different one? If the new company is owned by the existing company in the other state would we have to register the new company as a foreign entity in Virginia? Answer If the operation in Continue Reading →
The Purpose of Argent Place Law
Argent Place Law, PLLC serves businesses and business leaders in matters of business law, intellectual property law, and succession planning. Business law issues include contracts with customers, vendors, and partners as well as corporate law and corporate governance. Intellectual Property law issues include filings and strategic licensing for trademarks, patents and copyrights, and how to manage trade secrets. Succession planning incorporates business planning for an equity sale or asset sale as well as the integration of the business succession plan with personal estate planning through wills and trusts.