Entrepreneurial Services
Stites & Harbison's lawyers help emerging technology companies get great ideas to the marketplace. The firm's team provides help on everything the start-up needs, from finding capital to protecting intellectual property and much more.
What we provide. The firm's lawyers handle corporate and commercial matters for businesses of all kinds, from Fortune 500 giants to the newest Internet start-up. The firm advises its clients on business structure, labor, employment and employee benefit matters. Stites & Harbison's lawyers have dealt with venture capital, private placements, initial public offerings, recapitalization and various forms of debt and equity issues. Working closely with accountants and other professional advisors, the firm offers its clients the benefits of its experience with business entities of varying sizes, market segments and stages of growth.
The firm's lawyers are especially proud of their considerable work with private entrepreneurs and growth-oriented companies during their transition from small, closely-held enterprises to large, publicly-held ones. As a result, Stites & Harbison understands how to assist clients in raising any additional capital required for growth and acquisition strategies.
Supreme Court Provides Additional Guidance on Assignor Estoppel in Patent Litigation
Assignor estoppel is an equity-based doctrine that can be invoked during the course of patent litigation to prevent an assignor, after assigning their interests to a patent to another, from later asserting that the patent is actually invalid.
Stites & Harbison Welcomes Daniel Boswell
LOUISVILLE, Ky.—Stites & Harbison, PLLC welcomes attorney Daniel C. Boswell to the firm’s Louisville, Ky., office. He joins the Business & Finance Service Group.
KYIPA Names Mandy Wilson Decker to Executive Advisory Committee
LOUISVILLE, Ky.—Kentucky Intellectual Property Alliance (KYIPA) names Stites & Harbison, PLLC attorney Mandy Wilson Decker to its Executive Advisory Committee.
Updating Project Financing Options — Post-Pandemic
As the pandemic begins to ease and everyday life is moving toward normalcy, whatever that may be, the pace of the economy’s resurgence, in the words of Federal Reserve Chairman Jerome Powell, “… is about to accelerate much more quickly than anticipated with output approaching its pre-pandemic level.” Capital investment, especially in distressed economic communities, will be needed more now than ever, to enable for-profits and non-profits to start and grow businesses, accelerate job growth, and lessen economic hardships triggered by COVID-19.
Equity Compensation Alternatives
For both established companies and new companies, it is often essential to allow key employees to participate in the company’s future growth and profitability through equity ownership. This helps align the interests of ownership and key employees.
James Hayne Selected for Ignite Louisville Class of Fall 2021
LOUISVILLE, Ky.—The Leadership Louisville Center has selected Stites & Harbison, PLLC attorney James Hayne to participate in the Ignite Louisville Class of Fall 2021.
New Markets Tax Credits - How to Go About Getting Your Project "Shovel Ready”
What do New Markets Tax Credits (“NMTC”) mean to a qualifying project? Attorneys Jim Seiffert and Jack Seiffert take a look in this client alert.
New Markets Tax Credit-What it Takes to Have a “Shovel Ready” Project
Time: 11:30 a.m. - 1:30 p.m.
Webinar
Please join Stites & Harbison for a webinar focused on what makes a project “shovel ready” for the purpose of attracting New Markets Tax Credit financing.
Brian A. Cromer Named to 2021 Bingham Fellows Class
LOUISVILLE, Ky.—Leadership Louisville recently announced that Stites & Harbison, PLLC attorney Brian A. Cromer is one of 47 community leaders selected for membership in the 2021 Bingham Fellows class.
Real estate veterans partner on West End condo project
The New Stimulus Package and the Next Round of Paycheck Protection Program Loans
The Consolidated Appropriations Act, 2021 (the “Appropriations Act”), one of the longest bills ever passed in the history of the U.S. Congress, was signed into law on December 27, 2020. This legislation provides approximately $900 billion in new stimulus funding, of which $284 billion has been allocated to the Paycheck Protection Program (“PPP”).
PPP Update: AGC Lawsuit Hammers Away at the SBA, Alleging Violations of Borrowers’ Constitutional Rights
The Associated General Contractors of America, Inc. (“AGC”), the U.S. construction industry’s largest trade association, has taken dead aim at the controversial Paycheck Protection Program (“PPP”) loan necessity questionnaire (the “Questionnaire”) that was recently introduced by the U.S. Small Business Administration (“SBA”) and the so-called PPP “necessity” certification (the “Necessity Certification”). The Necessity Certification is the SBA requirement that PPP loan applicants certify in good faith that economic uncertainty makes the loan request necessary to support ongoing operations.