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<channel>
	<title>Guzman Law Group</title>
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	<link>http://www.guzmanlg.com</link>
	<description>Corporate and Business, Estate Planning, Trust Administration, Copyright, Trademark, Entertainment, Franchise, Litigation</description>
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		<title>Plagiarizing The American President</title>
		<link>http://www.guzmanlg.com/plagiarizing-the-american-president/</link>
		<comments>http://www.guzmanlg.com/plagiarizing-the-american-president/#comments</comments>
		<pubDate>Wed, 01 Feb 2012 18:19:32 +0000</pubDate>
		<dc:creator>Marisa</dc:creator>
				<category><![CDATA[Copyright]]></category>
		<category><![CDATA[Aaron Sorkin]]></category>
		<category><![CDATA[Anthony Albanese]]></category>
		<category><![CDATA[Australia]]></category>
		<category><![CDATA[Hollywood Reporter]]></category>
		<category><![CDATA[homer simpson]]></category>
		<category><![CDATA[linkedin]]></category>
		<category><![CDATA[Michael Douglas]]></category>
		<category><![CDATA[The American President]]></category>
		<category><![CDATA[The Social Network]]></category>
		<category><![CDATA[Tony Abbott]]></category>
		<category><![CDATA[twitter]]></category>
		<category><![CDATA[Universal Studios]]></category>
		<category><![CDATA[youtube]]></category>

		<guid isPermaLink="false">http://www.guzmanlg.com/?p=1957</guid>
		<description><![CDATA[*Photo courtesy of Australian Television Program &#8220;Sunrise&#8221; Anthony Albanese, Australian transport minister, had this to say in an attack against the Liberal Party Opposition Leader Tony Abbot: &#8220;In Australia we have serious challenges to solve and we need serious people to solve them. Unfortunately, Tony Abbott is not the least bit interested in fixing anything. [...]]]></description>
			<content:encoded><![CDATA[<p style="text-align: justify;"><img class="aligncenter size-full wp-image-1958" title="AmericanPresident_Albanese" src="http://www.guzmanlg.com/wp-content/uploads/2012/02/Screen-shot-2012-01-31-at-12.25.48-PM.png" alt="" width="528" height="202" /></p>
<p style="text-align: center;"><small><i>*Photo courtesy of Australian Television Program &#8220;Sunrise&#8221;</small></i></p>
<p style="text-align: justify;">Anthony Albanese, Australian transport minister, had this to say in an attack against the Liberal Party Opposition Leader Tony Abbot:</p>
<p style="text-align: justify;">&#8220;In Australia we have serious challenges to solve and we need serious people to solve them. Unfortunately, Tony Abbott is not the least bit interested in fixing anything. He is only interested in two things: making Australians afraid of it and telling them who’s to blame for it.&#8221;</p>
<p style="text-align: justify;">Does this sound familiar? Michael Douglas gave a similar speech, written by <i>The Social Network</i> screen writer Aaron Sorkin, in the 1995 film <i>The American President</i>:</p>
<p style="text-align: justify;">&#8220;We have serious problems to solve, and we need serious people to solve them. And whatever your particular problem is, I promise you, Bob Rumson is not the least bit interested in solving it. He is interested in two things and two things only: making you afraid of it and telling you who&#8217;s to blame for it.&#8221;</p>
<p style="text-align: justify;">According to the <i>The Hollywood Reporter</i>, the films international distributor, Universal Pictures, has not taken any steps to bring action against the Aussie politician&#8230; yet. It could be argued by the studios legal team that Albanese was in violation of Australia&#8217;s Copyright Act of 1968, which assures dramatic works from being reproduced in &#8220;substantial part.&#8221;</p>
<p style="padding-left: 30px; text-align: justify; padding-right: 30px;">&#8220;Of course, the speech was hardly a commercial endeavor and it&#8217;s possible that the appropriation was merely de minimis under Australian law,&#8221; wrote <i>The Hollywood Reporter</i>. &#8220;And it should be noted that the quoted excerpt in Sorkin&#8217;s screen speech in The American President was preceded by these words: &#8220;You want free speech?&#8221; asks Douglas rhetorically. &#8220;Let&#8217;s see you acknowledge a man whose words make your blood boil, standing center stage and advocating at the top of his lungs things you would spend your lifetime opposing at the top of yours.&#8221;</p>
<p style="text-align: justify;">After the news broke that Albanese&#8217;s speech was not an original work, Albanese took to twitter: &#8220;D&#8217;oh! Stuff up (for the record, that comes from another great American, Homer Simpson),&#8221; he tweeted.</p>
<p style="text-align: justify;">You can view the speeches side by side on YouTube, courtesy of the Australian morning television show <i>Sunrise</i>. Sorry Mr. Albanese, you&#8217;re no Michael Douglas.</p>
<p style="text-align: justify;"><a href="http://www.youtube.com/watch?v=OvrNldmt1eA&amp;feature=youtube_gdata_player" target="_blank"><b>YouTube: Aussie politician caught using lines from The American President in speech</b></a></p>
<p style="text-align: justify;"><a href="http://www.hollywoodreporter.com/thr-esq/anthony-albanese-austrialia-plagiarism-the-american-president-285277" target="_blank"><small><i>Source: The Hollywood Reporter</i></small></a></p>
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		<title>Denise Guzman seen as mentor, expert in law field</title>
		<link>http://www.guzmanlg.com/denise-guzman-seen-as-mentor-expert-in-law-field/</link>
		<comments>http://www.guzmanlg.com/denise-guzman-seen-as-mentor-expert-in-law-field/#comments</comments>
		<pubDate>Tue, 25 Oct 2011 15:37:04 +0000</pubDate>
		<dc:creator>Marisa</dc:creator>
				<category><![CDATA[Around the Water Cooler]]></category>
		<category><![CDATA[awards]]></category>
		<category><![CDATA[Daily Breeze]]></category>
		<category><![CDATA[Denise M. Guzman]]></category>
		<category><![CDATA[expert]]></category>
		<category><![CDATA[linkedin]]></category>
		<category><![CDATA[mentor]]></category>
		<category><![CDATA[People of Distinction]]></category>

		<guid isPermaLink="false">http://www.guzmanlg.com/?p=1934</guid>
		<description><![CDATA[Members of the South Bay community sent in over 100 nominations for the Daily Breeze People of Distinction awards. Thirty finalists from the South Bay and Harbor Area have been selected. Denise has been chosen as a finalist in the Business/Innovation category. Winners will be announced at the awards gala Thursday, November 10th. Below is [...]]]></description>
			<content:encoded><![CDATA[<p style="text-align: justify;">Members of the South Bay community sent in over 100 nominations for the Daily Breeze People of Distinction awards. Thirty finalists from the South Bay and  Harbor Area have been selected. Denise has been chosen as a finalist in the Business/Innovation category. Winners will be announced at the awards gala Thursday, November 10th. Below is Denise&#8217;s interview that ran in the Daily Breeze:</p>
<p style="padding-left: 60px; text-align: justify;"><strong>Denise Guzman seen as mentor, expert in law field</strong></p>
<p style="padding-left: 60px; text-align: justify;">Determination and dedication are just two of the qualities Denise Guzman possesses as a successful businesswoman.</p>
<p style="padding-left: 60px; text-align: justify;">Founding her own law practice when the business world lacked  female presence, and giving back to the community through foundations  and organizations, Guzman is considered to be a mentor and an expert in  her field.</p>
<p style="padding-left: 60px; text-align: justify;">&#8220;I don&#8217;t believe in accolades,&#8221; Guzman said. &#8220;I do this to support other people and see them succeed.&#8221;</p>
<p style="padding-left: 60px; text-align: justify;">Guzman, a Palos Verdes Peninsula resident, has served as a  business and estate planning attorney in the South Bay for more than 25  years.</p>
<p style="padding-left: 60px; text-align: justify;">After earning her bachelor&#8217;s degree from USC in 1974, she went  on to study at UCLA, where she received her law degree. In 1978, she  founded her own Manhattan Beach law practice, Guzman Law Group.</p>
<p style="padding-left: 60px; text-align: justify;">Guzman said success came through perseverance.</p>
<p style="padding-left: 60px; text-align: justify;">Bucking the system right after graduating from UCLA, Guzman  associated herself with businessmen, attending professional association  meetings and networking events throughout the South Bay.</p>
<p style="padding-left: 60px; text-align: justify;">&#8220;My father was an accountant at the time so I would attend  many chamber of commerce meetings with him,&#8221; she said. &#8220;And I made sure  to introduce myself to everyone I came into contact with.&#8221;</p>
<p style="padding-left: 60px; text-align: justify;">In 1993, Guzman determined that women&#8217;s success in the  corporate sector was stagnant. And in an effort to change this, she  founded the South Bay Chapter of the American Business Women&#8217;s Association &#8211; a national association that empowers women personally and professionally.</p>
<p style="padding-left: 60px; text-align: justify;">With a Rolodex in hand, &#8220;I called every woman I knew,&#8221; she said.  &#8220;It was tough but I am really proud of what I started, bringing  businesswomen together from around the local area.&#8221;</p>
<p style="padding-left: 60px; text-align: justify;">Guzman, who is no longer involved with ABWA, continues to  mentor young women, providing them with personal and professional  parameters to be successful businesswomen.</p>
<p style="padding-left: 60px; text-align: justify;">In 2003, she was named Woman of the Year by the Switzer  Learning Center &#8211; an organization that fosters the growth of children  with learning disabilities &#8211; for her service to its community.</p>
<p style="padding-left: 60px; text-align: justify;">Aside from her professional involvement, Guzman dedicates her time to promoting arts throughout the community.</p>
<p style="padding-left: 60px; text-align: justify;">She is a member of the board of trustees for the Palos Verdes  Art Center, where educational art programs are put in place to reach  schools, and is a board member on the Joy2Learn Foundation, an  organization that brings a variety of free art programs to schools via  the Internet.</p>
<p style="padding-left: 60px; text-align: justify;">&#8220;I love the arts and I think it is profoundly missing from the  schools,&#8221; said Guzman, who was once an English major, minoring in fine  arts. &#8220;I want young children to have the opportunity to learn arts and  music.&#8221;</p>
<p style="padding-left: 60px; text-align: justify;">She is also on the board of directors for the foundation P.S. I  Love You, a program to help less fortunate children participate in  educational and extracurricular activities.</p>
<p style="padding-left: 60px; text-align: justify;">&#8220;The one-on-one interaction is such a positive experience for these children,&#8221; said Guzman.</p>
<p style="padding-left: 60px; text-align: justify;">In 2010, Guzman was awarded the Woman of Entrepreneurship honor by Comerica Bank, in conjunction with the Los Angeles Lakers.</p>
<p style="padding-left: 60px; text-align: justify;">&#8220;It is such an honor to be nominated and have the support of other people,&#8221; she said.</p>
<p style="padding-left: 60px;">By Ashley Curtin<br />
Staff Writer, Daily Breeze<br />
Here is the link to the article on <a href="http://www.dailybreeze.com/peopleofdistinction/ci_19142511" target="_blank">dailybreeze.com </a></p>
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		<title>Joint Tenancy: Is it really a convenience?</title>
		<link>http://www.guzmanlg.com/joint-tenancy-is-it-really-a-convenience/</link>
		<comments>http://www.guzmanlg.com/joint-tenancy-is-it-really-a-convenience/#comments</comments>
		<pubDate>Tue, 18 Oct 2011 15:38:37 +0000</pubDate>
		<dc:creator>Sally</dc:creator>
				<category><![CDATA[Estate Planning]]></category>
		<category><![CDATA[joint ownership]]></category>
		<category><![CDATA[joint tenant]]></category>
		<category><![CDATA[linkedin]]></category>

		<guid isPermaLink="false">http://www.guzmanlg.com/?p=1923</guid>
		<description><![CDATA[In the short term, adding a joint tenant could be convenient however, in the long run it could cause family ripples. For a good read on this topic, see a recent article by Forbes.com: Top 5 Reasons To Beware Of Joint Ownership Between Generations Celebrities are not the only ones to make mistakes with their [...]]]></description>
			<content:encoded><![CDATA[<p style="text-align: justify;">In the short term, adding a joint tenant could be convenient however, in the long run it could cause family ripples. For a good read on this topic, see a recent article by Forbes.com:</p>
<p style="text-align: justify; padding-left: 30px;"><strong>Top 5 Reasons To Beware Of Joint Ownership Between Generations</strong></p>
<p style="text-align: justify; padding-left: 30px;">Celebrities are not the only ones to make mistakes with their estate  planning.  It happens to people all across the country on a regular  basis.  The end result — just like with the rich and famous — often is  an ugly and expensive family fight in court.  One of the most common  estate planning mistakes that people make is joint ownership.</p>
<p style="text-align: justify; padding-left: 30px;">For the most part, we’re not talking about when a husband and wife  have joint bank accounts or the title to their home is held in both of  their names.  While not ideal for estate planning, this is quite common  and can often be used without problems, except in many second-marriage  situations or large estates that may suffer adverse tax consequences&#8230; &lt; <a href="http://www.forbes.com/sites/trialandheirs/2011/09/13/top-5-reasons-to-beware-of-joint-ownership-between-generations/" target="_blank">continue reading at Forbes.com</a> &gt;</p>
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		<title>Going Mobile: 5 Tips on Mobile App Creation</title>
		<link>http://www.guzmanlg.com/going-mobile-5-tips-on-mobile-app-creation/</link>
		<comments>http://www.guzmanlg.com/going-mobile-5-tips-on-mobile-app-creation/#comments</comments>
		<pubDate>Tue, 18 Oct 2011 14:14:49 +0000</pubDate>
		<dc:creator>Marisa</dc:creator>
				<category><![CDATA[Copyright]]></category>
		<category><![CDATA[Corporate and Business Transactions]]></category>
		<category><![CDATA[Patent]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Google]]></category>
		<category><![CDATA[intellectual property]]></category>
		<category><![CDATA[linkedin]]></category>
		<category><![CDATA[mobile app]]></category>
		<category><![CDATA[mobile app developer]]></category>
		<category><![CDATA[NDA]]></category>
		<category><![CDATA[Non-Disclosure Agreement]]></category>
		<category><![CDATA[patent]]></category>
		<category><![CDATA[protection]]></category>
		<category><![CDATA[tips]]></category>
		<category><![CDATA[work-for-hire]]></category>

		<guid isPermaLink="false">http://www.guzmanlg.com/?p=1860</guid>
		<description><![CDATA[Do you have the next great mobile app idea? Here are 5 tips on the legal side of Mobile App Creation: Due Diligence. Basically, do your homework. Google your idea and find out if a similar app already exists. Its better to do the leg work at this stage of the game then down the [...]]]></description>
			<content:encoded><![CDATA[<p style="text-align: justify;"><img class="size-full wp-image-1870 alignleft" title="iphoneapp_graphic" src="http://www.guzmanlg.com/wp-content/uploads/2011/10/iphoneapp_graphic.jpg" alt="" width="201" height="310" /></p>
<p style="text-align: justify;">Do you have the next great mobile app idea? Here are 5 tips on the legal side of Mobile App Creation:</p>
<p style="text-align: justify;"><strong>Due Diligence. </strong>Basically, do your homework. Google your idea and find out if a similar app already exists. Its better to do the leg work at this stage of the game then down the road when you have put money into development.</p>
<p style="text-align: justify;"><strong>Preliminary Protection.</strong> A lot of the time, people want to talk about their idea to gain feedback or simply want to talk about it out of pure excitement. Please don&#8217;t &#8230; unless, of course, you have a signed Non-Disclosure Agreement. Not all NDA&#8217;s are the same. This is such an important point in the early stages of development that I am going to state it again: Not all NDA&#8217;s are the same. You need one specifically for Intellectual Property Rights. Also, be careful of other parties, such as Mobile App Developers, asking you to sign their NDA. Most likely it is written to protect their company&#8217;s interest and not yours. Have a lawyer read it over to make sure that you are keeping full control of your intellectual property.</p>
<p style="text-align: justify;"><strong>Ownership. </strong>Who owns the intellectual property? Once the app is built, who owns the rights? Did you use a work-for-hire agreement*? Are there multiple authors meaning joint ownership? Or, is it just you? Ownership must be established before you can take the next step and acquire advanced protection.</p>
<p style="text-align: justify;"><strong>Advanced Protection. </strong>Can&#8217;t I just copyright the idea? Unfortunately, you cannot. However, you can copyright the code used to write the app, artwork, text, etc. In order to keep the copyright in your name, you would need to write the code yourself or hire a programmer on work-for-hire terms. Once the code is written and artwork designed, then it can be filed for protection with the copyright office. At this stage, you can also search to see if your app is something that can be patented. To be on the safe side, register all your materials with the copyright and patent office before the app is launched.</p>
<p style="text-align: justify;"><strong>License / Assignment. </strong>For most people, this is the most important part because this is how your app makes its revenue. One of the more common ways is by having companies or individuals purchase a license to your app. There are two types of licenses: exclusive and non-exclusive. An exclusive license means you license your app to a company or individual with exclusive terms of use such as a certain geography or client base. For example, Company A wants an exclusive license for North America. This means you cannot license your app to another company or individual in North America. You could, however, give an exclusive license to Company B in Europe. A non-exclusive license allows you to licenses to Company A in North America, but also to anyone else who would want to purchase a license in North America.</p>
<p style="text-align: justify;">Another option is an assignment. In an assignment, you have the option to sell all your rights or sell (or assign) select rights that you have in copyright. For example, in a copyright, you can assign the right to reproduce and the right to distribute, but you might retain the right to make derivatives. Remember, with any assignment, whether you are assigning all or part of the various rights, you are selling your ownership, just as if you were selling your house.</p>
<p style="text-align: justify;"><em>* Work-for-Hire describes works that are produced for somebody else. The person who hires the creator holds the copyright to the finished work.</em></p>
<p style="text-align: justify;"><strong>Related posts:</strong></p>
<p style="text-align: justify;"><strong>• <a href="http://www.guzmanlg.com/does-your-business-need-cash/">Does your Business Need Cash?</a><br />
See the four part series on Starting a Business:<br />
• <a href="http://www.guzmanlg.com/startingabusinesslayingagoodfoundation/">Part I: Laying a good foundation</a><br />
• <a href="http://www.guzmanlg.com/starting-a-business-more-than-one-owner/">Part II: More than one owner</a><br />
• <a href="http://www.guzmanlg.com/starting-a-business-safeguard-your-product/">Part III: Safe-guard your product</a><br />
• <a href="http://www.guzmanlg.com/starting-a-business-choosing-your-corporate-counsel/">Part IV: Choosing your Corporate Counsel</a></strong></p>
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		<title>Al Davis: Estate Tax Consequence?</title>
		<link>http://www.guzmanlg.com/al-davis-estate-tax-consequence/</link>
		<comments>http://www.guzmanlg.com/al-davis-estate-tax-consequence/#comments</comments>
		<pubDate>Thu, 13 Oct 2011 21:29:29 +0000</pubDate>
		<dc:creator>Sally</dc:creator>
				<category><![CDATA[Estate Planning]]></category>
		<category><![CDATA[al davis]]></category>
		<category><![CDATA[estate tax]]></category>
		<category><![CDATA[linkedin]]></category>
		<category><![CDATA[oakland raiders]]></category>

		<guid isPermaLink="false">http://www.guzmanlg.com/?p=1898</guid>
		<description><![CDATA[This is an interesting article I found about a possible estate tax consequence concerning Al Davis&#8217; ownership of the Oakland Raiders. Begin reading below: Posted on Forbes.com October 8th Estate Of Al Davis Could Face Huge Tax Bill On Oakland Raiders The estate of Al Davis could potentially face big inheritance taxes on the Oakland [...]]]></description>
			<content:encoded><![CDATA[<p style="text-align: justify;">This is an interesting article I found about a possible estate tax consequence concerning Al Davis&#8217; ownership of the Oakland Raiders. Begin reading below:</p>
<p style="padding-left: 30px; text-align: justify;"><small><em>Posted on Forbes.com October 8th</em></small><br />
<strong>Estate Of Al Davis Could Face Huge Tax Bill On Oakland Raiders</strong></p>
<p style="padding-left: 30px; text-align: justify;">The estate of Al Davis could potentially face big inheritance taxes on the Oakland Raiders.</p>
<p style="padding-left: 30px; text-align: justify;">Al Davis, who died today, bought a 10% interest in the Oakland  Raiders for $18,500 in 1966 and increased his stake to 67% over the  years before selling 20% of the NFL team for $150 million in 2007. The  Raiders are currently worth <a href="http://www.forbes.com/lists/2011/30/nfl-valuations-11_rank.html" target="_blank">$761 million</a> by our count. The ownership of the team is being left to the late owner’s wife, Carol.</p>
<p style="padding-left: 30px; text-align: justify;">But Davis’ son, Mark, who has been involved in some business aspects  of the football team but is not listed in the team’s media guide, is  going to run the team and he could be face hundreds of millions of  dollars of taxes based on the price appreciation of the Raiders if his  mother, Carol, eventually leaves the team to him &#8230; &lt; <a href="http://www.forbes.com/sites/mikeozanian/2011/10/08/estate-of-al-davis-could-face-huge-tax-bill-on-oakland-raiders/" target="_blank">continue reading at Forbes.com</a> &gt;</p>
<p style="padding-left: 30px; text-align: justify;">&nbsp;</p>
<p><a class="a2a_dd addtoany_share_save" href="http://www.addtoany.com/share_save#url=http%3A%2F%2Fwww.guzmanlg.com%2Fal-davis-estate-tax-consequence%2F&amp;title=%3Cb%3EAl%20Davis%3A%3C%2Fb%3E%3Ci%3E%20Estate%20Tax%20Consequence%3F%3C%2Fi%3E"><img src="http://www.guzmanlg.com/wp-content/plugins/add-to-any/share_save_171_16.png" width="171" height="16" alt="Share"/></a> </p>]]></content:encoded>
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		<title>Southbay Magazine: The Women of Guzman Law Group</title>
		<link>http://www.guzmanlg.com/southbay-magazine-glg/</link>
		<comments>http://www.guzmanlg.com/southbay-magazine-glg/#comments</comments>
		<pubDate>Mon, 10 Oct 2011 23:03:20 +0000</pubDate>
		<dc:creator>Marisa</dc:creator>
				<category><![CDATA[Around the Water Cooler]]></category>
		<category><![CDATA[Corporate and Business Transactions]]></category>
		<category><![CDATA[Estate Planning]]></category>
		<category><![CDATA[carla]]></category>
		<category><![CDATA[denise]]></category>
		<category><![CDATA[linkedin]]></category>
		<category><![CDATA[sally]]></category>
		<category><![CDATA[southbay magazine]]></category>
		<category><![CDATA[Women in Business]]></category>

		<guid isPermaLink="false">http://www.guzmanlg.com/?p=1826</guid>
		<description><![CDATA[Read what Southbay Magazine had to say about Denise, Carla and Sally. Click on the image to view larger. &#160;]]></description>
			<content:encoded><![CDATA[<p style="text-align: left;">Read what Southbay Magazine had to say about Denise, Carla and Sally. Click on the image to view larger.</p>
<p style="text-align: center;"><a href="http://www.guzmanlg.com/wp-content/uploads/2011/10/Guzman_FINAL.jpg" target="_blank"><img class="aligncenter size-full wp-image-1827" title="Guzmen_FINAL_web" src="http://www.guzmanlg.com/wp-content/uploads/2011/10/Guzmen_FINAL_web.jpg" alt="" width="480" height="630" /></a></p>
<p>&nbsp;</p>
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		<title>Does Your Business Need Cash?</title>
		<link>http://www.guzmanlg.com/does-your-business-need-cash/</link>
		<comments>http://www.guzmanlg.com/does-your-business-need-cash/#comments</comments>
		<pubDate>Wed, 14 Sep 2011 16:53:14 +0000</pubDate>
		<dc:creator>Joe</dc:creator>
				<category><![CDATA[Corporate and Business Transactions]]></category>
		<category><![CDATA[banks]]></category>
		<category><![CDATA[borrowing]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[capital]]></category>
		<category><![CDATA[cash]]></category>
		<category><![CDATA[company]]></category>
		<category><![CDATA[investor]]></category>
		<category><![CDATA[linkedin]]></category>
		<category><![CDATA[money]]></category>

		<guid isPermaLink="false">http://www.guzmanlg.com/?p=1749</guid>
		<description><![CDATA[If you own a business and need an infusion of cash, borrowing from banks has become increasingly difficult during these recessionary years.  Most business owners logically look toward family and friends as sources of capital.  While on face value this may be just fine; however, the &#8221;devil is in the details.&#8221; Technically, whenever a business is raising [...]]]></description>
			<content:encoded><![CDATA[<p style="text-align: justify;">If you own a business and need an infusion of cash, borrowing from banks has become increasingly difficult during these recessionary years.  Most business owners logically look toward family and friends as sources of capital.  While on face value this may be just fine; however, the &#8221;devil is in the details.&#8221;</p>
<p style="text-align: justify;">Technically, whenever a business is raising money it&#8217;s in exchange for shares of stock or membership units.  Those shares or units are the evidence of ownership as a result of receiving the funds.  These shares or units are securities, and as such, are governed by both state and federal laws.  Granted, many small businesses taking money from friends and family fall within exemptions to state and federal securities laws; yet, it is critical to ensure that your company does in fact fall within and comply with those exemptions. Otherwise, penalties can be assessed, and depending on the circumstances, there can be other more serious consequences if any fraud or misrepresentation to the person or entity giving the money is proved (if a dispute happens down the road).</p>
<p style="text-align: justify;">So if your business needs money and it can’t be obtain through traditional sources, what should you do?</p>
<p style="text-align: justify; padding-left: 30px;">•  Most of the exemptions to securities registration prohibit advertising, so you should not advertise that you need money unless you talk to a lawyer knowledgeable in the area.  There are limited &#8220;tombstone ads&#8221; that may be placed, but this shouldn&#8217;t be done unless you have sought legal advice.</p>
<p style="text-align: justify; padding-left: 30px;">•  Assuming you are just asking a family member or friend for the money, you should definitely have the necessary legal documents drafted. These documents will reflect what needs to be done from the company&#8217;s perspective in terms of complying with your Bylaws or Operating Agreement.  Other related documents will address the sale of the share or units in exchange for the funds, and still more documents will address appropriate disclosures to protect your company. Overall, you will generate some paper, but the &#8220;bark&#8221; here is bigger than the &#8220;bite.&#8221;</p>
<p style="text-align: justify; padding-left: 30px;">•  Your company will need to file appropriate documentation with the state Department of Corporations. This is done online and is to be done within 15 days of the company issuing any stock in order to avoid penalties.</p>
<p style="text-align: justify;">While all of this may seem a bit burdensome, in the end, doing this will position your company to reduce risk with respect to regulatory compliance and an investor who was your family member or friend, but is now your plaintiff.</p>
<p style="text-align: center;">
<p><small><i>This information is intended for general educational purposes and not specific legal advice.</i></small></p>
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		<title>The Wall Street Journal: 25 Documents You Need Before You Die</title>
		<link>http://www.guzmanlg.com/the-wall-street-journal-25-documents-you-need-before-you-die/</link>
		<comments>http://www.guzmanlg.com/the-wall-street-journal-25-documents-you-need-before-you-die/#comments</comments>
		<pubDate>Fri, 05 Aug 2011 15:31:13 +0000</pubDate>
		<dc:creator>Marisa</dc:creator>
				<category><![CDATA[Estate Planning]]></category>
		<category><![CDATA[25 documents you need before you die]]></category>
		<category><![CDATA[documents]]></category>
		<category><![CDATA[linkedin]]></category>
		<category><![CDATA[The Wall Street Journal]]></category>

		<guid isPermaLink="false">http://www.guzmanlg.com/?p=1697</guid>
		<description><![CDATA[click on the image to view larger The Wall Street Journal recently published an article discussing the essential points of the estate plan. The above image accompanied the article and is a helpful visual about the necessary items needed to prepare your &#8220;Death Dossier&#8221;. To read the article, please click on the following link: 25 [...]]]></description>
			<content:encoded><![CDATA[<p style="text-align: center;"><a rel="attachment wp-att-1698" href="http://www.guzmanlg.com/the-wall-street-journal-25-documents-you-need-before-you-die/bf-ab154_02doc_g_20110701212202/"><img class="aligncenter size-full wp-image-1698" title="25 Documents You Need Before You Die" src="http://www.guzmanlg.com/wp-content/uploads/2011/08/BF-AB154_02doc_G_20110701212202.jpg" alt="25 Documents You Need Before You Die" width="518" height="591" /></a><i>click on the image to view larger</i></p>
<p style="text-align: justify;"><i>The Wall Street Journal</i> recently published an article<em> </em>discussing the essential points of the estate plan. The above image accompanied the article and is a helpful visual about the necessary items needed to prepare your &#8220;Death Dossier&#8221;. To read the article, please click on the following link: <a href="http://online.wsj.com/article/SB10001424052702303627104576410234039258092.html?mod=wsj_share_twitter" target="_blank"><i>25 Documents You Need Before You Die</i></a>.</p>
<p><a class="a2a_dd addtoany_share_save" href="http://www.addtoany.com/share_save#url=http%3A%2F%2Fwww.guzmanlg.com%2Fthe-wall-street-journal-25-documents-you-need-before-you-die%2F&amp;title=%3Cb%3EThe%20Wall%20Street%20Journal%3A%3C%2Fb%3E%3Ci%3E%2025%20Documents%20You%20Need%20Before%20You%20Die%3C%2Fi%3E"><img src="http://www.guzmanlg.com/wp-content/plugins/add-to-any/share_save_171_16.png" width="171" height="16" alt="Share"/></a> </p>]]></content:encoded>
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		<title>&#8220;Happy Birthday&#8221; Will Cost You</title>
		<link>http://www.guzmanlg.com/happy-birthday-will-cost-you/</link>
		<comments>http://www.guzmanlg.com/happy-birthday-will-cost-you/#comments</comments>
		<pubDate>Mon, 01 Aug 2011 16:02:56 +0000</pubDate>
		<dc:creator>Marisa</dc:creator>
				<category><![CDATA[Copyright]]></category>
		<category><![CDATA[Birch Tree Group Limited]]></category>
		<category><![CDATA[film]]></category>
		<category><![CDATA[Happy Birthday]]></category>
		<category><![CDATA[Happy Birthday Song]]></category>
		<category><![CDATA[Happy Birthday to You]]></category>
		<category><![CDATA[linkedin]]></category>
		<category><![CDATA[lyrics]]></category>
		<category><![CDATA[Mildred J. Hill]]></category>
		<category><![CDATA[Patty Hill]]></category>
		<category><![CDATA[radio]]></category>
		<category><![CDATA[Royalties]]></category>
		<category><![CDATA[Television]]></category>
		<category><![CDATA[The Time-Warner Corporation]]></category>
		<category><![CDATA[Warner Music Group]]></category>

		<guid isPermaLink="false">http://www.guzmanlg.com/?p=1678</guid>
		<description><![CDATA[Did you know that the “Happy Birthday” song, formally known as “Happy Birthday to You”, is the most recognized song in the english language? Then why is it that your favorite restaurant has decided to steer away from the highly popular song and create their own celebratory ditty? Its because the restaurant does not want [...]]]></description>
			<content:encoded><![CDATA[<p style="text-align: justify;">Did you know that the “Happy Birthday” song, formally known as “Happy Birthday to You”, is the most recognized song in the english language? Then why is it that your favorite restaurant has decided to steer away from the highly popular song and create their own celebratory ditty? Its because the restaurant does not want to pay royalties. Yes, the &#8220;Happy Birthday&#8221; song is copyrighted. The song comes from the tune &#8220;Good Morning to All&#8221;, written by two sisters, Patty and Mildred J. Hill in 1893. Their &#8220;Good Morning to You&#8221; song became so popular with Patty&#8217;s kindergarten class that, myth has it, the sisters began singing it at their students birthdays changing the lyrics to &#8220;Happy Birthday&#8221;. According to Wikipedia, the following is the copyright history and terms:</p>
<p style="padding-left: 60px; padding-right: 60px; text-align: justify;">In 1935, &#8220;Happy Birthday to You&#8221; was copyrighted as a work for hire by Preston Ware Orem for the Summy Company, the publisher of &#8220;Good Morning to All&#8221;. A new company, Birch Tree Group Limited, was formed to protect and enforce the song&#8217;s copyright. In 1998,[10] the rights to &#8220;Happy Birthday to You&#8221; and its assets were sold to The Time-Warner Corporation. In March 2004, Warner Music Group was sold to a group of investors led by Edgar Bronfman Jr. The company continues to insist that one cannot sing the &#8220;Happy Birthday to You&#8221; lyrics for profit without paying royalties: in 2008, Warner collected about $5000 per day ($2 million per year) in royalties for the song.[2], pp. 4,68 This includes use in film, television, radio, anywhere open to the public, or even among a group where a substantial number of those in attendance are not family or friends of whoever is performing the song. For this reason, most restaurants or other public party venues will not allow their employees to perform the song in public, instead opting for other original songs or cheers in honor of the birthday celebrant.</p>
<p style="text-align: justify;">In many countries, including the United States, copyright lasts the lifetime of the author plus 70 years. In this case, since it was a work for hire, the standard is not 70 years post death of the last surviving author, but 95 years from publication or 120 years from creation, whichever comes first. Assuming, the song still enjoys U.S. copyright protection, and assuming its first publication date was 1935, the copyright would be valid until 2030.</p>
<p>&nbsp;</p>
<address><span style="color: #888888;">Source: </span><a href="http://en.wikipedia.org/wiki/Happy_Birthday_to_You"><span style="color: #888888;">http://en.wikipedia.org/wiki/Happy_Birthday_to_You</span></a></address>
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		<title>Video: Firm Profile</title>
		<link>http://www.guzmanlg.com/video-firm-profile/</link>
		<comments>http://www.guzmanlg.com/video-firm-profile/#comments</comments>
		<pubDate>Sun, 12 Jun 2011 20:29:15 +0000</pubDate>
		<dc:creator>Marisa</dc:creator>
				<category><![CDATA[Video]]></category>
		<category><![CDATA[attorney]]></category>
		<category><![CDATA[GLG]]></category>
		<category><![CDATA[guzman law group]]></category>
		<category><![CDATA[Law]]></category>
		<category><![CDATA[linkedin]]></category>
		<category><![CDATA[staff]]></category>
		<category><![CDATA[team]]></category>

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		<description><![CDATA[Want to know more about the team? Click here.]]></description>
			<content:encoded><![CDATA[<p><iframe width="560" height="349" src="http://www.youtube.com/embed/IzdClM5mVdk?rel=0" frameborder="0" allowfullscreen></iframe></p>
<p>Want to know more about the team? <a href="http://www.guzmanlg.com/people/denise-m-guzman/">Click here.</a></p>
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