Category: Corporate

Crowdfunding portals require strong terms of use and privacy policy agreements to protect their business interests. The public is generally aware of the role data collection plays in society and most particularly online. Users are now aware that they are being tracked and that certain data is being collected about them. We believe websites that […]

  The rise of the sharing economy and websites like Kickstarter, Indiegogo, and GoFundMe have led to the expansion of crowdfunding portals across the internet. Oftentimes, these businesses are centered around a niche area or serve to advance a social cause. Even if these businesses are serving altruistic goals, many times the entities are for-profit […]

The Lanham Act, the federal law governing trademarks, specifically prohibits the registration of trademarks that fall into a number of categories. For example, Section 2(e) lists the following types of marks that are precluded from registration: Marks that are merely descriptive of the goods or services offered under the marks; Marks that are primarily geographically […]

On February 26, 2015, the Federal Communications Commission voted to preempt state laws that restrict a municipality’s ability to expand outside its territory. This started when the City of Wilson, North Carolina and Chattanooga, Tennessee wanted to provide broadband service to residents of neighboring towns. They complained to the FCC that because of their state […]

Ah, the Terms of Service agreement. The lengthy agreements we all click though without a second thought before using a new app, software, or website. Although most of us do not have 250 hours a year to devote to reading these agreements, they contain important terms that have an impact on your use of the service. As website agreement […]

Revision Legal attorneys regularly assist individuals and businesses that have been the subject of domain theft. Recently, we have learned of one individual that may be connected to these activities. Specifically, we are aware that multiple domain names have been reported as stolen and now list an individual by the name of YINZHONG XIE as the Registrant […]

Michigan Invests Locally Exemption We have written repeatedly on Michigan’s new crowdfunding regulations established as the Michigan Invests Locally Exemption (“MILE”). Whether you like them or not, the MILE regulations take aim at striking a balance between permitting new avenues of equity-driven fundraising, while seeking to protect its participants from unscrupulous offerors. MILE only applies, […]

SEC social media guidelines will have a substantial impact on how Michigan crowdfunding ventures advertise their offerings. Before reviewing the details of the new rules, let’s take a look at Michigan’s crowdfunding law. A Little History & the Dawn of Crowdfunding Traditionally, a small business owner seeking investments went to friends and neighbors pitching an idea until […]

  The Michigan Invests Locally Exemption (MILE), gives Michigan businesses and investors an opportunity not available on the federal level: the ability to raise capital by selling equity online. This democratization of funding can cause a fundamental shift in how businesses raise money. But, as with any type of investment, taking other people’s money brings […]

Revision Legal is hiring a paralegal. Specifically, we are looking for an intelligent and self-motivated individual who will provide our attorneys with high quality substantive and procedural legal and administrative work.   Revision Legal is an international intellectual property and business law firm. We help large and small businesses produce value for their clients. We […]