Facts about term sheets

What is a Term Sheet? A term sheet is a non-binding agreement between parties that sets out the basic terms and conditions of an investment and which is usually used by startup companies when they commence their operations. The non-binding effect of a term sheet signifies the avoidance of legal formalities that arise when a […]

What is a cease and desist letter?

A cease and desist letter is sent to immediately stop an individual or entity from continuing a specified unauthorized use or action. This is commonly the last resort before a lawsuit is filed. WHAT ARE THE CONTENTS OF A CEASE AND DESIST LETTER? The letter should reveal the grounds of the claim as well as the right of […]

Steps to take when your copyright is or has been infringed

  Establishing legal grounds in Copyright infringement The first step towards filing a claim for copyright infringement is identifying the legal grounds on which your copyright may have been infringed. Infringement of a copyright often arises when a third party performs any acts legally granted to the copyright holder or author in relation to the […]

Lending money to a friend? What kind of investor are you? Who is an investor?

A person or organization that puts money into financial schemes, property, etc. with the expectation of achieving a profit/ financial returns from it. The investors may include everyone, that is, from startup accelerators to Capital Markets institutions and even family members who loan money to one another. They buy into long-term strategic positions and expect […]

Why you need your contracts to be reviewed by a lawyer

The practice of thoroughly reading and understanding a contract before agreeing to its terms is known as contract review. It is advisable that anyone (company, entities, individuals) intending to enter into a business arrangement for the provision of a good or service get their contracts reviewed. Reasons for having a lawyer review your contract include […]