What does forming a startup legal entity involve?

Home Forums UK What does forming a startup legal entity involve?

This topic has 1 reply, 2 voices, and was last updated 4 hours, 28 minutes ago by Dell Tremp.

    FroyKebb
    Participant

    The fact is that the previous lawyer stopped cooperating with us and went to a competitor, as we did not have time to extend our contract. He was in charge of all legal matters, so it will be difficult without him. What does forming a startup legal entity involve?

    #145437

      • Dell Tremp
        Participant

        I hope you signed a non-disclosure agreement with him, or did that end too? Although it basically spells out there that once he’s fired, he can’t share data with others for a few more years. When I was setting up my startup project with legal support from tech startup attorney David Sharifi, Esq. of techandmedialaw, we were setting up a startup legal entity too. We went through several steps, from forming a limited liability organization and issuing shares to the founder and shareholders to an agreement to transfer intellectual property to the newly created legal entity.

        #145440

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