Legal

March 30, 2008

Startup Weekend Legal Issues

John Cook's Venture Blog reported that:

Skillbit, the Seattle Internet startup created in January by a group of more than 100 volunteer developers, lawyers and business people as part of the Startup Weekend, has closed down due to legal complications over the ownership structure.

I had wondered how the Startup Weekend process dealt with ownership issues -- but apparently the SEC is the real problem. 

There's a Startup Weekend project scheduled for Portland May 23-25. 

October 26, 2007

Oregon Changes Non-Compete Laws

In an article on their website, Portland law firm Swider Medeiros Haver describes changes to Oregon's non-compete laws, including:

  • The employer must inform the employee of the agreement’s requirements in a written employment offer received by the employee at least two weeks before the first day of employment, or

  • The agreement is entered into upon a bona fide advancement of the employee if the requirements are disclosed in a written notice of advancement at least two (2) weeks prior to the effective date of the employee’s advancement.

Plus, there are some minimum-income requirements.

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