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Startup Lessons: 4 Companies Facing Product Lawsuits

The Startup Magazine

Here are 4 companies that have faced legal action due to the distribution of a toxic or otherwise dangerous product. The company had to file for bankruptcy later that year. Blitz USA originally produced metal gas containers primarily for military use under the company name U.S. Monsanto’s Roundup Herbicide. Remington’s Rifles.

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The Great Retail Reinvention: How the Internet Is Reshaping the Way We Buy Clothing

View from Seed

In 2017 alone, we’ve seen widespread store closures or bankruptcies from apparel retailers, including: True Religion. The old brands and distribution channels are dead or dying. We are currently seeing the most rapid collapse of retail since the Great Recession, due to the internet changing consumer demand and purchasing patterns.

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Battling Big Business Bullies On The IP Playground: Minimizing The Risk Of Intellectual Property Litigation

YoungUpstarts

They include any combination of words, names, symbols or devices that are used or registered to identify and distinguish the trademark owner’s goods from those manufactured or sold by others. Generally, popular name brands are trademarks. A few TESS searches may help narrow the entrepreneur’s search for the perfect brand name.

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Nuts & Bolts of Intellectual Property for New Startups

Gust

So you’ve chosen a name for your startup, product, or both. Even in purely online businesses, to scale from zero to millions of users: in the 1990s, an Internet company might have had to build a whole data center from scratch (as we did at Excite@Home, only to ultimately shut it down in bankruptcy ).

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What Angel Investing & Florida Condos Have in Common

Both Sides of the Table

We jockey to make sure the press release has our names on it. It’s true that it’s cheaper to start companies now and cheaper to get distribution. This is the time it takes for a bankruptcy or asset sale to occur. .&# It is the new calling card. It is the new cocktail party conversation. Or a quick flip.

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Want to Know How VC’s Calculate Valuation Differently from Founders?

Both Sides of the Table

It was accept the terms or go into bankruptcy so we took the money. I told them that True Ventures had stuck to their brand name and submitted a totally clean term sheet. This states how the proceeds from a sale or dissolution of the company will be distributed. Those were the dog days of entrepreneurship. No gotchas.

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Common 501(c)(3) Rules and Regulations

Board Effect

After carefully choosing a name for the organization, the founders get to work writing the articles of incorporation. A nonprofit may only distribute assets to another tax-exempt organization. If there aren’t enough assets to pay remaining debts, the nonprofit may need to file bankruptcy.