News & Insights

Part 1 - Retirement Plan Issues  Introduction The first half of 2018 has seen a great deal of merger and acquisition (“M&A”) activity with hundreds of deals worth billions of dollars being closed globally.  There are no signs that this activity will slow down in the second half of 2018. W… READ MORE

SAFE financings (it’s an acronym for “Simple Agreement for Future Equity”) were pioneered by the startup accelerator Y Combinator as a replacement for convertible notes. The idea was to create a simpler, more flexible alternative to convertible notes. Like a convertible note, a SAFE allows an inve… READ MORE

RALEIGH, NC – Wyrick Robbins is pleased to announce that four partners were named Raleigh’s 2019 “Lawyer of the Year” for their respective practice areas by Best Lawyers®. “Lawyer of the Year” Christopher Lynch - Corporate Law Donald R. Reynolds - Securities Regulation L… READ MORE

Startups are required to have Board meetings, but they don’t have to have boring and bad.[1] Let’s talk about the legal requirements for a startup’s Board, and then let’s go over some suggestions on how to improve your Board discussions. A company’s shareholders appoint its Board … READ MORE

On June 28, 2018, the SEC adopted amendments to the definition of “smaller reporting company.” The amendments become effective on September 8, 2018. Smaller reporting companies can take advantage of scaled-back disclosure requirements in reports and registration statements filed with the SEC. Before the… READ MORE

Convertible notes are often the best way for early-stage startups to raise money. They’re usually easier and cheaper to sell than stock, which makes them a good fit for most companies’ first financing. A convertible note sounds complicated but it’s not. It’s a loan - an investor gives a star… READ MORE

The Resource is a legal newsletter for employers and human resources professionals. Summer is right around the corner, and soon a wave of high school and college students will be looking for summer work.  Hiring temporary summer interns can be a real benefit to employers.  These workers can perform routin… READ MORE

Low-Hanging Fruit for Regulators: Failure to Conduct Comprehensive Risk Analysis Frequently Featured in HIPAA Enforcement The Health Insurance Portability and Accountability Act of 1996, as amended, (HIPAA) includes numerous requirements that can leave a covered entity or business associate paying large sums for no… READ MORE

Employers should consider adopting or revising employment arbitration agreements in light of the Supreme Court’s recent decision upholding class action waivers. In a landmark decision, the U.S. Supreme Court recently held that class action waivers contained in employment arbitration agreements are enforceable… READ MORE

Comprehensive Anti-Sexual Harassment Legislation Passed in New York City and State New York City and State have both passed comprehensive legislation imposing a variety of new requirements on employers with respect to preventing and responding to workplace sexual harassment. New York State As part of the 2018-201… READ MORE