MGLS INSIGHTS

Updates and Insights from the team at Matthew Glick Legal Services.

Posts tagged StartupAttorney
Being Offered Part Ownership of an LLC? Don't Assume You're an Owner Yet.

Before accepting LLC ownership, verify what it actually takes to become a member. This article explains how operating agreements, franchise restrictions, and proper documentation determine ownership rights. Learn why a handshake or side agreement may leave you with only a contract claim—not an ownership interest—in a New York LLC.

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ANTHROPIC: PUNISHED FOR BEING TOO GOOD AT WHAT IT DOES?

Explore the legal and business risks facing AI companies as regulation struggles to keep pace with innovation. This article examines how government intervention, platform dependency, and evolving AI policies can disrupt growth, fundraising, and operations, highlighting why businesses should diversify AI providers and prepare for rapid legal changes.

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Think a Business Dispute Automatically Means Deadlock? Not Necessarily.

A Delaware LLC deadlock claim failed because the operating agreement's governance structure allowed decisions without unanimous manager approval. Learn how management authority, voting rights, arbitration findings, and issue preclusion can determine whether a true deadlock exists. Key lessons for LLC owners on drafting operating agreements, allocating power, and avoiding costly business disputes.

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Sold Your Company for Stock? You Haven’t Really Been Paid Yet.

Selling your company for buyer stock can create hidden risks beyond the headline purchase price. Learn how restricted shares, tax exposure, limited liquidity, and reduced disclosure can affect founders in stock-for-stock acquisitions. This guide explains key legal and financial considerations so business owners can evaluate equity-based exit offers with greater clarity and confidence.

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Is Your Written-Consent Requirement an Impenetrable Shield?

A written-consent requirement is not an impenetrable shield. Learn how the Delaware Court of Chancery applied the doctrine of acquiescence to bar an LLC member from challenging actions he helped implement for years. This case highlights key lessons for founders, LLC members, and business owners on governance, consent rights, and preserving legal objections.

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AI money is moving fast

AI startups are raising capital faster than ever, making legal readiness critical. Learn why clean cap tables, clear IP ownership, founder documentation, and prompt handling of internal issues can accelerate fundraising and reduce diligence risk. In fast-moving AI markets, delays in legal preparation can cost founders investment opportunities and competitive advantage.

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The Path to Getting Here Wasn't the Plan

From Skadden to startup GC to founding MGLS, this journey reflects the realities of startup leadership, legal strategy, and entrepreneurship. Learn how working alongside founders through high-stakes decisions—from co-founder structuring to venture financing and exits—shaped a legal practice focused on business growth, governance, and real-world decision-making.

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When Your Contract Is Solid… But Your SOW Breaks the Deal

A strong master agreement can still fail if the Statement of Work (SOW) is vague. Learn how poorly drafted SOWs create ambiguity, trigger disputes, and lead to costly litigation. This guide explains common SOW mistakes, alignment with contract terms, and best practices to protect deliverables, timelines, and business relationships.

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“We’ll Fix the Contract Later”… Until Something Goes Wrong

A weak client contract can turn a small dispute into a costly problem. Learn how clear, well-drafted agreements protect small businesses, manage expectations, and reduce risk—even when claims are too small to litigate. This guide explains why proactive contract review is a high-ROI investment for founders and service providers.

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