Category Archives: Attorneys

Bridging the 49th Parallel – Cross Border Business in British Columbia – December 10, 2014

 

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Join us for a catered lunch as we discuss the benefits of US businesses having operations in British Columbia.  The program will explore the economic incentives available to technology companies that are offered by the Government of British Columbia and by local authorities in Vancouver, how to access the programs and how to commence operations in BC.  The program will also include first hand insights of companies that have opened a satellite office in British Columbia.

Register!

Moderator:

Jonathan Friedman, Stubbs Alderton & Markiles, LLP- Jonathan Friedman is Partner at the law firm of Stubbs Alderton & Markiles, LLP.  Jonathan advises a wide range of both public and private clients, including development-stage, emerging-growth and middle-market companies as well as angel investors, venture capital firms and strategic investors. Jonathan’s practice focuses on venture capital and corporate finance, intellectual property licensing, mergers and acquisitions, securities law and general corporate and business matters. Jonathan has represented corporations and other entities in a wide variety of industries, including Internet and e-commerce, apparel, medical devices, entertainment and high technology. Jonathan is a member of the Executive Committee of the Canadian California Business Council, an entity that was formed to support Canada and California businesses growth. The Council aims to use its membership network to connect bi-lateral opportunities that will result in the job creation, investment connection and trade partnership support.

Panelists:

Robert Wong, Creative BC – After working for several years for a chartered accounting firm in Vancouver, Robert joined BC Film + Media (now Creative BC) where he is currently the Vice President and Acting Film Commissioner. Robert joined the staff just prior to the launch of the film and television tax credit program in 1998, and has since played an integral role in the evolution of British Columbia’s film and television tax policy, including the recent enhancements to the tax credit program. He is responsible for all administrative aspects of Film Incentive BC (FIBC), the Production Services Tax Credit (PSTC), and development funding programs.  As Acting Film Commissioner, he is tasked with marketing British Columbia as a destination of choice for projects and companies looking for a world class production centre.

Lui Petrollini, Ernst & Young – Lui is the EY B.C. Media & Entertainment Services Leader, Private Mid-Market Services Leader and the Director, Pacific Region Entrepreneur of the Year Awards. He has over 29 years experience in Public Accounting, serving private Canadian and international companies. Serving a wide variety of clients from start-up, development stage to full mature companies, Lui has extensive experience with software development companies, Media & Entertainment production companies and industry-related service providers. He currently sits as a director of the B.C. Technology Industry Association, the Telus World of Science (“Science World”) and the B.C. Motion Picture Production Industry Association. Lui possesses considerable knowledge and expertise in the film and television production industry. He has worked closely with film and television producers, and government and taxation agencies in dealing with the various film and tax credit incentives available to producers in Canada.

Mikko Setala, Rovio Animation Company- Mikko Setala joined Rovio Entertainment in 2006 as the Chairman of the Board and has also served Rovio as the CFO and EVP of Corporate Development. Living currently in Los Angeles, he is the President of the Rovio subsidiaries in North America.  Mikko’s background is in the software industry and he has been an entrepreneur, worked as an executive in major software companies and also as the CEO of a listed company. Mikko has written two books and acts as an angel investor and board member.  Mikko has a M.Sc. degree from Helsinki University of Technology.
Twitter: mikesetala

Agenda: 12:00-12:30 Networking and Free Catered Lunch; 12:30-1:30 Panel Discussion

Parking: Ramp #5 on 4th Street near Broadway, or at the Santa Monica Place Mall.  No Validations.

Sponsors:

 

            

                        

  

Stubbs Alderton & Markiles, LLP Closes Financing Deal to Form Indigenous Media

Stubbs Alderton & Markiles, LLC closed a financing deal to form digital media company Indigenous Media.  This new digital media company is founded by  the team behind YouTube Channel WIGS, including producer Jon Avnet (Black Swan), his son Jake Avnet and director Rodrigo Garcia (In Treatment).  The deal received funding from communications conglomerate WPP and U.K. TV giant ITV.  Additional investors include Steven TischShari Redstone‘s Advancit Capital and Michael PriceJon Miller, former CEO of digital media for News Corp, has been appointed Indigenous chairman.   

To view the full Hollywood Reporter press, click here.

For more information regarding our Internet, Digital Media & Entertainment practice, contact SAM Partner Greg Akselrud at (818) 444-4503 or gakselrud@stubbsalderton.com

 

Please Vote! SAM Partner Greg Akselrud Submits Digital Media Panel for SXSW 2015!

SAM PARTNER GREG AKSELRUD HAS SUBMITTED A PANEL FOR SXSW 2015 MARCH 13-22, 2015 – AUSTIN, TX

VOTING NOW OPEN!

 

Please cast your vote by Friday, September 5 (11:59 PM CST).

To Vote: 

1) Sign up for a SXSW PanelPicker account (just your name and email required)

2)  Click on the voting link:

Vote to see my session at SXSW 2015!

Voting from the public accounts for about 30% of the decision-making process for SXSW panel programming. Also important in this decision-making process is the SXSW Advisory Board (40%) and the input of the SXSW staff (30%).  A few minutes of your time can make a huge difference!

Panel:

DON’T HIT SEND Avoid Mistakes of Snapchat & Tinder

Emails, text messages and chats overwhelmingly represent the ways in which we communicate for work and in our personal lives. The problem is – they create serious problems that can jeopardize what’s most important to us. Seemingly innocent communications can end your career, destroy your personal relationships, become leverage in disputes, and become media sensation. This presentation explains the many ways in which people can access your communications, and provides guidance on how to communicate in today’s digital world. Do you want your emails and texts to go public like the founders of Snapchat and Tinder? Didn’t think so.

Questions Answered

1)   How can your personal and professional communications create problems for you or your employer/client/customer?

2)  What do your computer and mobile phone know about you?

3)  How can people access your communications and other information?

4)  Can you safeguard your communications and other information, including deleting from time to time?

5)  How can you manage your communications in a digitally recorded world? 

 Panelists:

  • Greg Akselrud, Stubbs Alderton & Markiles, LLP

Link to vote: http://panelpicker.sxsw.com/vote/41735 

Congratulations to SAM Client Beats Music and Beats Electronics in Their Sale to Apple, Inc.

 

beatsStubbs Alderton & Markiles, LLP would like to congratulate long time client Beats Electronics and Beats Music in their acquisition by Apple, Inc.

In addition to acting as Beats’ counsel since its formation in 2008 by Dr. Dre and Jimmy Iovine, SAM was involved in the sale to Apple.  Attorneys assisting in the acquisition transaction included Scott Galer, Gaurav Krishan and Mariam Tonya Karson.

For more information about our services, contact Heidi Hubbeling at hhubbeling@stubbsalderton.com or (310) 746-9803.

 

 

Stubbs Alderton & Markiles, LLP Represents Client The Bouqs Company in $6M Series A Financing

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SAM announced that it represented client, The Bouqs Company (TheBouqs.com), a premier cut-to-order online flower delivery service, in a $6 million Series A financing. Led by Azure Capital Partners and joined by KEC Ventures, funding will be used to accelerate growth initiatives including expanding the team, offering delivery outside the US, and scaling the company’s technology and infrastructure to keep pace with growing demand.  

SAM attorneys Ryan Azlein and Gaurav Krishan served as counsel for The Bouqs Company for this transaction.

“Interest from our customers has exceeded our wildest expectations. We are growing 8-10X year-over-year largely based on organic channels such as word-of-mouth, social, and referrals,” said John Tabis, CEO & Founder of TheBouqs.com. “We launched this platform to ‘rearrange’ the global $50B+ flower industry, and it’s thrilling to see both consumers and flower farms enjoying our simpler and more elegant platform for flower delivery. This new infusion of capital and a great set of advisors will enable us to expand our operations and Bouqs deliveries to even more households and businesses in the US, and soon around the world.”

To view the full press release, click here.

To view the PandoDaily article covering the deal, click here.

About The Bouqs Company
The Bouqs Company (TheBouqs.com) is a cut-to-order online flower delivery company. Founded by John Tabis and JP Montúfar, the company launched in late 2012 to create an online flower delivery service for the global, modern consumer. TheBouqs.com offers a simple shopping and superior customer service experience, and delivers high-quality, farm-direct, eco-friendly stems with honest and direct pricing. Bouqs are grown on eco-friendly and sustainable farms located 10,000 feet above sea level on the side of a volcano situated right on the equator in South America, or on similarly high quality farms along the California coast. For more information on The Bouqs Company, please visit: www.TheBouqs.com or watch the video.

For more information about our Venture Capital & Emerging Growth practice, contact Partner Ryan Azlein at (818) 444-4504 or razlein@stubbsalderton.com

SAM Public Securities Group Boasts Two Public Offering Deals in June

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Stubbs Alderton & Markiles, LLP’s Public Security Practice has had a successful June, closing two public offering deals in the first half of the month.

SAM advised client Resonant Inc. in its initial public offering of 3,105,000 shares of common stock at a price to the public of $6.00 per share.  The deal closed June 3, 2014.  To read the Stubbs Alderton press release, click here.

SAM also advised client Vitesse Semiconductor Corporation (Nasdaq VTSS) in an underwritten public offering of 8,582,076 shares of its common stock at a price to the public of $3.35 per share.  The offering closed on June 17, 2014.  To read the Stubbs Alderton press release, click here.

For more information about our Public Securities Practice, contact Partner John McIlvery at (818) 444-4502 or jmcilvery@stubbsalderton.com

BRAND PROTECTION:  SAM ON THE GROUND IN CHINA

Earlier this month, Brand Development & Content Protection co-chairs Tony Keats and Konrad Gatien attended the annual meetings of the International AntiCounterfeiting Coalition and the International Trademark Association in Hong Kong.  In addition, Tony Keats traveled to Shanghai, Xi’an and Beijing.  During their trip to China, they witnessed several issues that blatantly affect brand protection efforts of high-fashion design and consumer product companies.

DESPITE PRIOR LEGAL SANCTIONS, BEIJING’S SILK MARKET CONTINUES TO OPENLY FLAUNT ITS HIGH VOLUME OF COUNTERFEIT PRODUCT SALES.

Tony Keats  reports on visiting Beijing’s notorious Silk Market Building  with some 1,700 vendors, over 3,000 salespeople, 10 sales floors, and located on seven floors  at Yonganli, in the Chaoyang District. Here, the sales personnel openly flaunt the availability of enormous volumes of counterfeit apparel and luxury goods.  In the prior decade, famous brand owners from Burberry, Louis Vuitton, Chanel  and Gucci, to The North Face and LaCoste had achieved ground-breaking legal successes  obtaining relief against the owner/landlord of Beijing’s Silk Market complex, including obtaining injunctive relief, signage requirements, and even small amounts of damages. However, less than a decade later, this litigation has had little impact as Tony Keats was shown back-rooms of various stores with floor to ceiling inventories of counterfeit luxury products. On the first floor, vendors selling unlicensed apparel were not even hiding the merchandise in backrooms but were openly displaying enormous quantities without any effort to cover up their sales. Tony also reports that dozens of tour buses unloaded anxious buyers at the Silk Market while he was at the market. It is reported that there are approximately 20,000 visitors on the weekdays and between 50,000 to 60,000 shoppers on weekends.

 

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CHINA TRADEMARK OWNER’S BRANDS THE SUBJECT OF COUNTERFEITERS.

It has been suggested that as China develops more of its own famous brands which are counterfeited, that the IP community will see greater enforcement efforts by the authorities in that country.  For example, on May 14, the state paper The China Daily reported that customs officials in  Jiangmen City in  Guangdong Province recently seized nearly 3 million fake batteries with a value of US $90,000. The counterfeits, which were to be shipped to Dubai, have a graphic logo very similar to that of SUNWATT, a famous brand owned by Chinese manufacturer, Guangxi company.

SAM’s Brand Development and Content Protection group was able to assist client Stanley Black & Decker in shutting down a counterfeit battery manufacturer in Fushon City, which was producing counterfeit DeWalt brand batteries used with the companies power tools.

DESPITE NEW CHANGES IN CHINA’S IP LAW, THE ONLY PROOF WILL BE IN WHETHER IT IS VIGOROUSLY ENFORCED.

On May 1, 2014, revisions of the trademark law went into effect. One provision prohibits the use of “well-known trademarks” in advertising and on packaging. The state paper The China Daily reported that the new law was causing a number of companies to change their labels and even destroy products. One Chinese company, Jing Wu Agribusiness Group, a company specializing in food and feed processing, which won the title of most well-known trademark in China in January 2013, has now recalled and destroyed nearly 2 million packages at a cost of approximately US $500,000.

CHINA STATE AUTHORITIES CONTINUE TO TOUT THEIR ENFORCEMENT EFFORTS.

The state China Intellectual Property News proclaimed that agencies nationwide investigated more than 4,700 intellectual property infringements in the first quarter of 2014 that had a combined potential retail value of US $43.25 million. Enforcement officials claimed to have checked a wide range of sectors including garments, electric appliances, toys, shoes and furniture. They claim in March alone, 183 shipments of food and six shipments of cosmetics were proven counterfeit, then destroyed or returned to exporters. These efforts are at best a step in the right direction but a paltry amount in light of the size of the Chinese counterfeiting problem.

It was reported by The China Daily on May 21st, that a district court in Beijing handed jail and monetary penalties against seven men convicted of illegally offering movies and TV downloads in what was described as China’s largest copyright piracy case.  The president of the company that operated the website siluhd.com was sentenced to five years in jail and fined US $160,200. The other six defendants were given jail sentences ranging from one to three years.  Siluhd.com, founded in 2008, had seven managers and 140 website administrators, becoming the largest portal of pirated movies, TV shows, and music in China. The parent company also had two brick and mortar stores in Beijing. The website had more than 20 million downloads.

For more information about Stubbs Alderton & Markiles’ Brand Development & Content Protection Practice, contact Tony Keats at akeats@stubbsalderton.com or (310) 746-9802, or Konrad Gatien at kgatein@stubbsalderton.com or (310) 746-9810.

Stubbs Alderton & Markiles Assists Client Malauzai Software in its $6.5 Million Series C Funding to Expand Mobile Banking SmartApps

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Stubbs Alderton & Markiles has announced that it assisted client Malauzai Software, a provider of mobile banking SmartApps for community financial institutions, in its $6.48 million Round C investment led by Wellington Management Company, LLP.  In previous rounds, Malauzai has raised approximately $5.3M.

SAM attorneys John McIlvery and Gaurav Krishan represented Malauzai in this transaction.

About Malauzai Software

Malauzai was incorporated in 2010 in response to the growing demand for a technology company that could provide innovative mobile solutions for community financial organizations. As a cool company in a cool town with a focus primarily on community financial institutions, Malauzai looks to provide mobile solutions that will enhance the customer experience ultimately resulting in increased value for financial institutions.

To view the full press release, click here.

For more information about our Venture Capital & Emerging Growth practice, contact Scott Alderton at salderton@stubbsalderton.com or (818) 444-4501.

The Los Angeles Fashion Industry Profile Executive Summary – March 2014

CIT, a financial holding company and the California Fashion Association have released the March 2014 LA Fashion Industry Profile Executive Summary, outlining the state of the fashion and textile sector in the city.

To view the executive summary, click here.

Stubbs Alderton & Markiles, LLP has extensive experience representing and advising fashion companies at all levels, from young startup companies to household name luxury designer brands. For more information on our expertise in the apparel industry, contact Tony Keats akeats@stubbsalderton.com or Greg Akselrud gakselrud@stubbsalderton.com.

SAM Partner Scott Alderton Featured in Entrepreneur.com Article “Find an Attorney Who Will Be in Your Corner With These 3 Tips”

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SAM Co-Founder and Managing Partner, Scott Alderton was featured in today’s Entrepreneur.com article “Find an Attorney Who Will Be in Your Corner With These 3 Tips.”  Author Adam Callinan of Beachwood VC outlines some of the early questions you should be asking and warning signs you should be recognizing when searching for new legal counsel.

Scott Alderton states that you need “a lawyer with a deep contextual understanding of both the substantive nature of your evolutionary path (i.e. they understand and do the exact type of transactions you are going to be engaging in) and a broad understanding of your industry.” 

To read the full article, click here.

For more information on our Emerging Growth practice, and for information about our Start-up Fixed Fee Legal Package, contact Scott Alderton at (818) 444-4501 or salderton@stubbsalderton.com