Business Law Blog

I am privileged from time to time to guest lecture to a class at the University of Missouri—Kansas City’s School of Law or its Institute for Entrepreneurship and Innovation at the Henry W. Bloch School of Management.  I also teach a law school class on the “Legal Life-Cycle of a High-Growth Technology and Life Sciences…

Apparently, I wasn’t paying attention and suddenly everything changed.  The life of the here and now, and of being present in the moment, changed into a life of self-isolation and being remote. I have for years enjoyed appointment as an adjunct professor of law at the University of Missouri-Kansas City School of Law, where I…

A key piece of good disclosure in offering documents used to raise investment capital is the “risk factors” section.  This section is used to highlight important risk factors a prospective investor should consider in making an investment decision.  Its tone is the opposite of good salesmanship—here are all the reasons not to make this investment! …

Late in the evening yesterday, about 9:00, I stopped in for a brief visit with a very dear friend of mine, John R. Shank, Jr., who had already entered the last phases of battling amyotrophic lateral sclerosis (ALS, or Lou Gehrig’s disease).  He was sedated and non-responsive.  His son of whom he was so very…

Sauer Gallery @ Krause Law, Open Gallery October 18, 2019, 6:00 to 8:00 p.m. I like to think of my law practice as my own form of art.  Perhaps that’s an abstraction, or even a self-serving way to think of my work.  Yet, when I complete a complex document or close a significant transaction, I…

We are working on some technology upgrades at Krause Law.  When we rebranded my law practice as “Krause Law LLC” about five years ago, that coincided with moving into new space in the historic Livestock Exchange Building in the Stockyards District of Kansas City’s West Bottoms, and at that time we implemented a number of…

Early stage companies making their “pitch” to prospective investors typically describe their anticipated “exit strategies.”  That terminology references the hoped-for circumstances in which the investors will have an opportunity to cash out and obtain a return on their investment. The most common exit strategies involve an acquisition by an industry leader or other strategic transaction…

I recently received an e-mail from an opposing party in a long-standing, over-heated dispute, in which the opposing party personally addressed his message to me with the salutation “Dear Bald Headed Krause.” One might easily imagine the kind of demands and accusations that followed soon thereafter! The funny thing is, this fellow was factually correct.…

The phrase “split the baby” has its roots in Hebrew lore, in the story recorded at 1 Kings 3:16-18 of two mothers claiming before King Solomon that each was the real mother of an infant son.  The wise king ordered that the baby be split in two, with one-half of the baby going to each…

When I lecture on negotiating principles, my recommended “ground rules” always include two points (among others): Make sure you know what the other side really wants out of the deal, and find a way to make sure they get it. A bad deal for either side is . . . well . . . a…