Category: Corporate

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 […]

Michigan’s equity crowdfunding law, technically referred to as the “Michigan Invests Locally Exemption,” represents a fundamental shift in how businesses can raise capital. The power of turning to the crowd, instead of banks, is an opportunity Michigan businesses have never possessed before. But, equity crowdfunding in Michigan comes with a number of regulations. One of […]

While Michigan has democratized raising capital with its passage of the “Michigan Invests Locally Exemption,” it has also placed some, lets say interesting, regulations on the websites that act as a portal or third-party between the issuing company and the investor. If you are considering using Michigan’s crowdfunding process, explained in general here, you should […]

In the modern world, defamation of character on the Internet is pervasive. Whether the defamatory post was made by a forum troll or a business competitor, defamation of character on the Internet can be a very serious issue because, once indexed and spread, it can be very difficult to remove or control. Worse, if you […]

While businesses and investors are waiting for the SEC to finalize rules to implement equity crowdfunding on a national scale, Michigan businesses and residents can begin utilizing this innovative method of raising money today.   The “Michigan Invests Locally Exemption” now permits Michigan businesses and citizens to use the power of the Michigan-crowd to offer, […]

Revision Legal’s Internet slander attorneys regularly help victims of Internet slander remove defamatory statements from the Internet. Unfortunately, Internet slander is becoming increasingly common, and, if it is not removed in a timely manner, it may become extremely difficult to stop the spread of Internet slander. Our Internet slander attorneys are experts in removing Internet […]

Terms of Service (“TOS”), sometimes referred to as terms of use agreements, are the ubiquitous footer link that typically contains a large block of text, often ignored by users (and sometimes website operators). However, the importance of these agreements should not be overlooked for any website. And terms of service agreements for crowdfunding platforms should […]