Tagged: legal

Cleveland Attorney Launches GoFundMe Campaign to Pursue Legal Action Against Lena Dunham & Her Memoir’s Publisher

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Earlier this fall, “Girls” star Lena Dunham released her book Not that Kind of Girl. The new memoir exposed untold stories about the actress, including a sexual assault during her days at Oberlin College. Now, the man that was apparently involved in the situation, who is referred to as “Barry,” is not only filing a lawsuit… Read More

Com1 Android Watch Crowdfunding Campaign Disappears from Indiegogo; Reveal Copyright War with Google

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Earlier this month, Com1 launched a crowdfunding campaing on Indiegogo to raise funds for its “first Android Wear” smartwatch. The plan was for the watch to be sold for a price of $125 ($175 for the stainless steel or aluminum), the project wanted to raise $75,000. Oddly, the campaign appeared to randomly vanished from the… Read More

Texas Family Crowdfunding Appeal To Stop Keystone XL Pipeline On Their Farm

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TransCanada and its American subsidiary, Keystone, are in the midst of seeking approval for a new pipeline to run from Alberta’s tar sands to refineries on the Gulf Coast. Called the Keystone XL pipeline, it is a highly controversial project that has its passionate supporters and vehement critics. Julia Trigg Crawford has been at the… Read More

On Crowdtilt: A Legal Defense Fund For Alleged SilkRoad Founder Ross Ulbricht

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A variety of crowdfunding efforts have been launched seeking funding for Ross Ulbricht’s legal defense fund. Ross Ulbricht recently made headlines when he was arrested in conjunction with an investigation into dark web drug marketplace SilkRoad. Ulbricht is accused of being “Dread Pirate Roberts,” the pseudonym-protected founder behind the site. On SilkRoad, users could go… Read More

Interview: Barry James Talks UK Crowdfunding Day, Crowdfunding Deep Impact Conference

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Barry James is founding editor at The Crowdfunding Centre and the founder and director of The Social Foundation, an organization that aims toward “providing leadership towards the new open social economy via research, education and policy development.” We recently caught up with James to discuss the upcoming Crowdfunding Deep Impact conference, which is taking part… Read More

Kickstarter Threatens Legal Action Against UK Crowdfunding Day

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UK Crowdfunding Day is coming up, scheduled for November 1st at the Royal Geographical Society in London. Their home page lists “Prominent UK Crowdfunding Organisations and Supporters,” of which various industry participants are listed. At one point Kickstarter was included on that list. Not anymore. Kickstarter’s legal team issued a cease and desist, asking the… Read More

Law Firm Offit Kurman to Work with CrowdCampuses

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Strategic Partnership is Announced as Firm Desires to Help Crowdfunding Platform   East coast  law firm Offit Kurman has announced a strategic partnership with CrowdCampuses, a crowdfunding platform for education, training and strategy. CrowdCampuses introduces  crowdsourcing and crowdfunding programs to local businesses, creatives, and scholastic groups who need help navigating the emerging $3B microfinance industry…. Read More

Law Firm Publishes Guide for Social Media, Covers Crowdfunding

David Bell Haynes and Boone

Released by Bloomberg BNA, Haynes and Boone tackles growing industry of social media and corporate use. Covers Regulation FD and crowdfunding. Multiple Haynes and Boone,  lawyers, led by Dallas Partner David Bell, has prepared a comprehensive guide to the corporate legal issues associated with social media.Corporate Practice Series Portfolio No. 91, Social Media Law, is the first… Read More

Breaking Down The 2013 Crowdfunding World Summit

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Mark Perlmutter is organizing the 2013 Crowdfunding World Summit, a two week online event that will bring crowdfunding experts from all over the world together for a comprehensive series of interviews discussing the history, current context and future path of crowdfunding. Crowdfunding enthusiasts and interested parties can register for the event at CrowdfundingWorldSummit.com. Registration is… Read More

Law Firm BakerHostetler Releases Executive Alert on Jobs Act

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International legal power house BakerHostetler released an executive alert today regarding the Jobs Act and the various components of the legislation including crowdfunding.  The release commented on: 1. Rule 506(c) and Broker-Dealer Registration Exemption a. The Old Rule 506 and Intermediaries b. The New Rule 506(c) and the New Intermediaries 2. Crowdfund Investing and Funding… Read More

Kickstarting a chain of lawsuits?

There’s no doubt that the rise of crowdfunding has enabled businesses and projects to previously untapped wells of finance, but how well protected are investors? Crowdfunding, in its current guise, ranges from equity investing, to debt provision, to incentive backing. However, the concept is still shrouded in mystery when it comes to regulation. It’s hard… Read More

Legal Challenges Related To Crowdfunding, Volume 1

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While crowdfunding is not a new concept, it is getting a lot of media attention nowadays. Crowdfunding is evolving and new crowdfunding platforms provide an excellent tool for financing different projects, whether these are art projects, game or hardware/device development or even equity financing. Yet the use of these new platforms and practices needs to… Read More

Proving Crowdfunding Good Faith | Transparency

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Crowdfunded projects are wise to keep detailed records.  Records help insulate project owners from legal liability. Failure is an Option Fully-funded, rewards-based crowdfunded projects can fail.  For example, a game project called “Haunts: The Manse Macabre” exceeded its funding goal on Kickstarter.  It raised $29,000 to make an online game.  It told backers (people who… Read More

Crowdfunding Your Next Venture with Legal Know-How

Whether you are an artist or an entrepreneur, there has probably been a time when you’ve considered starting a crowdfunding campaign to help fund your next venture. Crowdfunding campaigns have helped start many creative, scientific and political projects but what do you need to know before starting your own crowdfunding initiative? The Origins of Crowdfunding… Read More