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October 2013 NEWS
 
 
Announcement

Royse Law Firm has adopted a cloud based capital management system to assist our clients in more efficiently managing their stock and option ledgers, capitalization tables and data flows. Please contact Roger Royse at [email protected] for more information. 
 
Royse Law Incorporator

Designed to help you incorporate and structure your company in
 Delaware or California
Visit Royse University for business, tax and personal finance ideas and information to help founders and executives recognize and grasp new opportunities and make meaningful connections.  
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Royse Law Firm
1717 Embarcadero Road
Palo Alto, California 94303
[email protected]
650 813 9700
 
 Affordable Care Act   
Michael Wiesner 
What Your Company Needs to Do NOW to Comply with the Affordable Care Act

On October 1, most California businesses became required to notify all current employees (and each new employee within 14 days) about the government Health Insurance Marketplaces. This article answers two common questions that Royse Law Firm has received regarding the ACA employee notices.

Q. Which Employers Must Issue Employee Notices?

A. The notice requirement applies to employers subject to the Fair Labor Standards Act ("FLSA"), regardless of the employer's size. DOL Technical Release No. 2013-02. There is currently no employer penalty for failing to make the required employee notice...

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Unauthorized Data Destruction   
Joel Riff
Unauthorized Data Destruction Becoming Even More Expensive for Victim Companies

A recent report authored by the independent Ponemon Institute and sponsored by Symantec Corporation determined that data breaches in the United States tend to be more costly for the victim company than in any other country.  The report, "2013 Cost of Data Breach Study: Global Analysis" was just released in May and is reproduced on Symantec's website located at www.symantec.com.  (more)

Nondisclosure Agreements  
satya_narayan

The Danger of Granting Accuracy Warranties in Nondisclosure Agreements 

 

 

The nondisclosure or confidentiality agreement, commonly referred to as the "NDA," is typically used in discussions for evaluating the potential for a new business relationship and as such, at this preliminary stage, neither party to the NDA wants to make any warranties regarding their products, services, or their business relationship when no value has yet been exchanged between the parties.  From time to time, recipients of confidential information ask disclosers for a warranty regarding the accuracy of their confidential information, usually in one-way recipient favorable NDAs but also in some mutual NDAs. (more

 

 

Big Data and Privacy  
 

 

We live in the age of "big data."  While many of us may have heard the term "big data" used, lawyers and business managers may not fully understand the impact big data may have on our respective clients and companies.  Big data is a collection of data sets so large and complex that it becomes difficult to process using on-hand database management tools or data processing applications.  Complicated data-mining techniques parse information in the data-sphere to offer companies and organizations new ways to identify untapped markets and create efficiencies. (more