Canadian Startup and Video Game Law Blog
Startup and video game law, from a Canadian and U.S. perspective
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Problems with Stripe Atlas Incorporation for Canadians
We frequently work with Canadian startups operating a U.S. (usually Delaware) company incorporated on their behalf by Stripe Atlas. On the surface, Stripe’s assistance with incorporating this U.S. company seems convenient and an easy way to meet the U.S. entity requirements to use the Stripe payment processing platform. However, a number of material issues are...
Changes to California’s Privacy Law – Consumer Privacy Rights Act
On November 3, 2020, California voters approved the California Privacy Rights Act (CPRA), which replaces the California Consumer Privacy Act of 2018 (CCPA). The CPRA expands consumers’ rights regarding protection of personal information. Companies collecting personal data should review the changes to ensure compliance. Indeed, we anticipate that enforcement of these laws will drastically increase...
US and Canada – similar countries, similar privacy laws… right? Wrong.
We are often engaged to review Privacy Policies from a U.S. and Canadian legal perspective. In many cases these Privacy Policies were drafted by Canadian counsel without considering the laws of the client’s major market, the U.S. The privacy laws of Canada and the U.S. are quite different and a failure to comply with U.S....
Investors don’t care where your Startup is Incorporated
Many founders I speak with are concerned about where their startup is incorporated and how this could impact fundraising opportunities in the United States. In reality, this concern is unfounded. Any sophisticated investor considers the product/service, team, market potential and other commercialization factors before, if at all, considering where a startup is incorporated. In some circumstances, an investor may request...