Spitz Law Firm – Blog

New Exemption for Sales of Restricted Stock

December 30th, 2015

President Obama signed legislation this month that creates a new, explicit exemption for private resales of restricted and control securities. The legislation, contained in Fixing America’s Surface Transportation Act (the FAST Act), will make it Read More

If I Lie To My Lawyer, Will It Save Me Money?

November 19th, 2015

Not a chance. Even so, I occasionally find a client or prospect holding back important information, presumably because they think it will complicate the project and cost them more money. But that’s exactly why it Read More


November 9th, 2015

On October 30, the SEC took another shot at legalizing equity crowdfunding, by passing final regulations that are much more streamlined and simpler than the original regulations. The new regulations will take effect sometime next Read More

Website Protection from Copyright Infringement Claims

August 19th, 2015

If you operate a website, you may have to worry about copyright infringement claims. This is particularly true if you have a blog, or if you allow visitors to post photographs, music clips, videos, or Read More


July 30th, 2015

[caption id="attachment_476" align="alignleft" width="150"] Why did I say that??[/caption] Famous last words. How many times has a company told you they would never sell your personal information, in order to get you to sign up, Read More

Is Your Contractor Really An Employee?

June 18th, 2015

If you weren’t distracted by Donald Trump throwing his comb-around into the presidential ring this week, you might have noticed that the California Labor Commission ruled that an Uber driver was an employee, rather than Read More

The Attributes of Successful Companies

May 28th, 2015

At a recent board meeting for a non-profit I am a director of, the executive director asked board members to identify the attributes of successful organizations. Lots of ideas went flying around, and several were Read More

Choose Your Investors Wisely

May 5th, 2015

A recent episode of Shark Tank demonstrates why startup founders have to be careful with who they choose to invest in their companies. I say “recent,” but I don’t watch the show every week, so Read More


April 30th, 2015

An increasing concern for employers is their employees’ use of social media. For some time now, employers have been devoting resources to monitoring their employees on social media. I’m not talking about someone taking a Read More

The Friends & Family Round

March 31st, 2015

Prior to doing a seed round or a full venture capital financing, startups frequently need to do a “friends and family” round of financing. This money is often essential to carry startups through to the Read More

VC Lawsuit Highlights Need for Discrimination Policies

March 6th, 2015

If you follow the worlds of startups and venture capital, you have probably heard of the sex discrimination lawsuit that Ellen Pao has filed against her former employer, the prestigious venture capital firm Kleiner Perkins Read More

SAFE – A New Financing Tool for Startups

March 2nd, 2015

If you follow startups, you’ve probably heard of convertible notes and Series A financings, but the newest item is the SAFE – the Simple Agreement for Future Equity. SAFE is a seed-stage financing tool that Read More