There's something in the air. While not yet at the 1990s level, capital raising efforts in the United States are garnering attention, particularly with the social media and other technology start-up boom.
While entrepreneurs finalize their business plans and prepare for investor pitches, their counsel should be attuned to numerous legal issues.
Conflicts of Interest - Who Do You Represent?
Seeking engagement from two or more founders in forming a business entity can cause complications. It will not always be feasible, or the founders' preference, for each founder to have separate representation and, in some cases, counsel may conclude that he or she cannot effectively represent each founder, especially in the event of unequal capital contributions or business roles.