Electronic Evidence as the Smoking Gun

Written by Henry J. Fasthoff, IV


NOTE: THIS IS ARTICLE IS FOR INFORMATIONAL PURPOSES ONLY. IT IS NOT INTENDED TO BE CONSTRUED AS LEGAL ADVICE.

Electronic communications--particularly email--may contain a treasure trove of evidence in commercial litigation matters. There are three key reasons for this fact. First, email is a very informal means of communication. Why? I don't know, it just is. Though I personally insist on specific grammer and sentence structure in my "hardcopy" written correspondence, court pleadings, etc., in emails I sometimes choose not to followrepparttar rules of written English.

Second, though intellectually many of us know it is not, email "feels" anonymous. I'm sure there have been studies conducted in effort to understand why email feels anonymous. Maybe it's because ofrepparttar 119267 instantaneous nature of email--you can simply vent your emotions and knee-jerk reactions immediately and pressrepparttar 119268 send button, rather than having time to reflect on your written thoughts as you otherwise would if you were forced to sit down and write a letter; sign it with your own hand; put it in an envelope; put a stamp on in it; and take it torepparttar 119269 mailbox and mail it. Whateverrepparttar 119270 reason(s),repparttar 119271 fact ofrepparttar 119272 matter is that email does feel anonymous.

The third reason email evidence can contain critical evidence in a commercial litigation case: permanence and retrievability. Most people don't realize that when they "delete" an email from their email program it actually remains onrepparttar 119273 computer or network unless and untilrepparttar 119274 portions ofrepparttar 119275 computer's memory containingrepparttar 119276 email are overwritten by other information. You can be certain, however, that every single electronic commuincation you make--email or otherwise--is being recorded somewhere. Perhaps on your company's network server, perhaps at your Internet service provider, or perhaps on your own computer's hard drive. Savvy litigators know this fact and, dependingrepparttar 119277 stakes ofrepparttar 119278 case, you could end up receiving a letter such as this should your business find itself in a business dispute:

Dear Mr. John Doe:

This is a notice and demand that evidence identified below in paragraphs 2 through 5 must be immediately preserved and retained by you until further written notice fromrepparttar 119279 undersigned. This request is essential, as a paper printout of text contained in a computer file does not completely reflect all information contained withinrepparttar 119280 electronic file.

The continued operation ofrepparttar 119281 computer systems identified herein will likely result inrepparttar 119282 destruction of relevant evidence due torepparttar 119283 fact that electronic evidence can be easily altered, deleted or otherwise modified. THE FAILURE TO PRESERVE AND RETAIN THE ELECTRONIC DATA OUTLINED IN THIS NOTICE CONSTITUTES SPOLIATION OF EVIDENCE AND WILL SUBJECT YOU TO LEGAL CLAIMS FOR DAMAGES AND/OR EVIDENTIARY AND MONETARY SANCTIONS.

Legal Considerations for Raising Capital

Written by Henry J. Fasthoff, IV


NOTE: THIS IS ARTICLE IS FOR INFORMATIONAL PURPOSES ONLY. IT IS NOT INTENDED TO BE CONSTRUED AS LEGAL ADVICE.

There are numerous legal considerations every entrepreneur must face when starting a new business, and raising startup capital is one that can be fraught with danger. Hiring a qualified securities attorney is not a luxury; it’s a necessity for businesses seeking to raise capital from third parties. Some ofrepparttar key general considerations are:

• Properly organizingrepparttar 119266 company as business entity under state law;

• Ensuringrepparttar 119267 company has issued enough authorized shares of stock ofrepparttar 119268 same type that will be offered to investors;

• Make sure that any existing and potential legal problems are resolved before issuing stock to investors;

• Have an experienced securities attorney examinerepparttar 119269 federal securities laws, as well asrepparttar 119270 securities laws of any state in which stock may be offered to prospective investors, to make surerepparttar 119271 company and its investment offer complies with those laws;

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