Rent

Rent is so commonly understood that discussing the definition might seem like a waste of time. Rent, free rent, and additional rent are seemingly synonyms. The use of all three terms doesn’t appear at first glance to be particularly sensible: Why not just call “additional rent” “rent” and save the ink? And “free rent” seems like any oxymoron. But understanding the definition of rent, the differences between these terms, and why they are used is important to understanding your commercial lease. Ultimately, knowing the meaning of these terms and leveraging that understanding effectively can help you get a better deal. 

Rent

“Rent” is what you pay the landlord for the right to use the leased premises for a certain period of time. This…

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Calculator

The SEC recently release advisory committee recommendations for updates to the definition of “accredited investor,” other issues related to accredited investors, and recent updates to the securities laws. For years, there has been concern over the definition of accredited investor—specifically whether the financial thresholds are outdated—and whether changes to the definition would narrow the number of accredited investors, which...

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Trademark Dispute

What do beer, bocce and Bavarian singers have in common? Apparently a trademark dispute as of last month.

The famous Capitol Hill bar and restaurant Von Trapp’s was recently persuaded to change its name at the request of a member of the Trapp family of “Sound of Music” fame. The new name for the 10,000-square-foot space in Capitol Hill is Rhein...

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Registered Trademark

As we’ve discussed in previous posts, if you intend to build value behind any company trademark—for example, a name, slogan, or logo—then it is important to protect those trademarks. Filing for federal registration with U.S. Patent and Trademark Office (USPTO) is an important step to protect those trademarks. And when you file your trademark application with the USPTO, you...

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Hashtag Trademark

We’ve discussed the intersection of sports and law a number of times on this blog, particularly in the context of trademarks and other intellectual property, and today our topic is Dallas Cowboys Wide Receiver Dez Bryant, his “ThrowUpTheX” brand, and his attempt at trademarking a hashtag, #throwupthex.

For context, Dez Bryant is famous for “throwing up the X” after scoring touchdowns, which...

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Series Seed Valuations Up

Pitchbook recently released its VC Valuations and Trends Report, which analyzes a decade of data on VC valuations, financings, and series terms. We’ve extracted some of the highlights from the data on series seed financings below:

Series Seed Valuations at Ten Year High

Valuations in series seed rounds have increased year over year, with the median valuation for seed stage financings...

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Ruler

Many startups ask us about reserving an option “pool.” The “option pool” is a reserve of authorized but unissued shares of stock that the founders intend to use to compensate future key employees and investors. There is no size of option pool that is right for every company, although you’ve probably read that a “standard” option pool is generally...

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mediation history

Mediation is a process where a third-party neutral (the mediator) guides the parties through the negotiation process, and the parties decide on a mutually-beneficial agreement. Mediation is generally a non-binding alternative to litigation that allows parties to work with a neutral to air their grievances and receive neutral feedback on how best to reach a resolution.

Mediation dates back to...

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alternative dispute resolution

The phrase “Alternative Dispute Resolution” (ADR) refers to the different methods parties in conflict use to resolve disputes rather than filing a traditional lawsuit in court. The process can be as simple as meeting to discuss a possible settlement or as formal as an arbitration that can look a lot like a trial. ADR is growing industry, because many...

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Lease Structure Comparison

To understand your commercial lease, it is important to understand your lease structure. While no two leases are really the same, there are a few major types of commercial lease structures that most leases fit into. Understanding the lease structure your lease fits into will help you understand the major economic drivers and issues affecting your lease. And understanding...

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