California leads the way

The golden state has been busy this year, as befits the world’s fourth-largest economy. California’s new climate disclosure requirements are the first of their kind in the United States and will require companies doing business in California to disclose their greenhouse gas emissions and climate-related financial risks. You can read more here.

Employee noncompetes have always been disfavored in California, but now they are downright illegal in many cases. Starting next year, a new statute will consider employee non competes to be a violation of California’s Unfair Competition Law, meaning that an employee can sue an employer who tries to enforce an invalid noncompete.

At the federal level, the Corporate Transparency Act (CTA) is coming. Starting January 1, 2024, new companies must disclose beneficial owners. The rules are more complex and counter intuitive than you might think as shown here.

New private fund adviser rules place new requirements on venture fund managers. Understanding the new SEC rules requires a bit of reading between the lines as show in this video clip.

And our latest tax break focuses on cancellation of debt income, clean energy tax credits, artificial intelligence and audit risk and digital asset broker rules.

With all the California employers moving to Texas, our presentation on navigating the employment law from the Lone Star State to the Golden State was especially relevant to many companies.

We hosted and moderated a panel with the Harvard Business School Alumni Association on artificial intelligence held at the Modernist on November 16.

Curious about how to flip your non-US company into a Delaware corporation? Find out here. How about tax aspects of SAFEs and convertibles. Listen here.

Tune into the 10,000 Startups Video and Podcast for practical startup legal advice at Apple
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I will be joining a panel on December 14 on venture capital deals for the Santa Clara County Bar Association.

Past events

In case you missed it, you can see the recording of our recent online events

Patri Friedman — building the cities of tomorrow

Ryne Miller — regulation of digital assets

Tracy Duplantier — Piercing the corporate veil

Andrew Pannell — migrating from the UK to the United States

Kevin Crisp — trade secret law