VC Deal Lawyer

The basic difference between a board of directors and a board of advisors is that the former is a legal requirement and has fiduciary duties to the shareholders of the corporation and the latter is not a requirement and bears no legal responsibility to the shareholders of the corporation.  The board of advisors concept was [...]

On November 10, 2009 I attended the inaugural FashInvest conference in New York entitled “From Concept to Capital.”  Karen Griffith-Gryga and David Freschman, the founders of FashInvest, put on a wonderful event and are definitely heading in the right direction to bring venture capitalists, entrepreneurs and branded and fashion company executives together under one roof.  The [...]