Exciting News for Foreign Entrepreneurs: The International Entrepreneur Rule Is Back!

international-movers-and-packersGreat news for foreign  entrepreneurs looking for a way to pursue startup opportunities in the United States! A Federal Judge has blocked an effort by the Trump Administration to delay implementation of the International Entrepreneur Rule (IER), also known as the Entrepreneur Parole Rule, an Obama-era program that would give international entrepreneurs the opportunity to come to the United States to develop and operate start-up businesses.  Although the IER was published during the previous administration with an effective date of July 17, 2017, it did not take effect because the Department of Homeland Security (DHS) issued a final rule on July 11, 2017, delaying the IER’s effective date until March 14, 2018.  This delay rule was meant to give USCIS time to review the IER and, if necessary, to issue a rule proposing to remove the IER program regulations.

However, on December 1, Judge James Boasberg of the U.S. District Court for the District of Columbia ordered the Department of Homeland Security (DHS) to begin accepting applications for the program in his decision in National Venture Capital Association v. Duke. Prior to Judge Boasberg’s decision, DHS attempted to delay implementation of the rule by postponing its implementation until March of 2018 so it could gather public comments on a proposal to rescind the rule altogether.

The main issue that led to Judge Boasberg’s decision arose when DHS delayed implementation of the rule without first holding a public notice and comment period on whether to institute the delay. According to the plaintiffs who filed the suit, including the National Venture Capital Association and other plaintiffs representing foreign entrepreneurs, DHS violated administrative procedures by delaying implementation of the rule, six days before it was to go into effect, without first soliciting public comment on whether to implement the delay. Continue reading


The Grady Firm to Host Seminar on Expanding to the US in Vancouver January 20, 2016


After a successful and productive engagement with Vancouver Start Up Week in September, California-based business and immigration attorney, Jennifer Grady Esq., is returning to Vancouver in January 2016. During her visit, Jennifer will be attending the BC Tech Summit, and will will also be meeting with entrepreneurs, innovators, investors, and people interested in expanding their business into the United States.

On Wednesday, January 20, Jennifer will be hosting a “meet and greet” happy hour and informative seminar on the legal and business issues that Canadian entrepreneurs must consider when doing business in the United States. On January 20th and 21st, she will be offering one-on-one meetings with individuals and companies that would like to learn more about the issues that face their particular industries and backgrounds when expanding abroad.

Please join Jennifer and fellow entrepreneurs on January 20 for a an evening of wine, socializing, and information!

Presentation: “How to Expand Your Business to the Largest Consumer Economy in the World”
Wine and Appetizers Provided

Wednesday, January 20, 2016
5:15 p.m. to 7:15 p.m.
West Georgia Street
Vancouver, British Columbia

Limited seating available; RSVP here (email afogerty@gradyfirm.com) by January 15.

View More: http://elyanaphotography.pass.us/jenniferOne-on-One Meetings and Consultations
Wednesday, January 20, 2016, and
Thursday, January 21, 2016.

To reserve an appointment, call (323) 450-9010, or fill out a Contact Request Form. Read more about Jennifer and the firm on our website.


The Grady Firm Joins the Roster for LA Innovation Week as Presenter on Startup Legal Issues & Solutions #LAIW2015

Los Angeles Innovation Week 2015 Launches With More Than 100 Events, Exhibiting LA’s Global Leadership in Innovation

LAIW#The Grady Firm, PC has been selected as a presenter at Los Angeles Innovation Week, a countywide celebration of the breadth of innovation and creativity within Los Angeles sponsored by LA Metro, the Los Angeles County Economic Development Corporation (LAEDC), and the Los Angeles Times. From clean tech, to gaming, to aerospace, digital media, and beyond, Los Angeles is a leading global center for innovation and entrepreneurship rooted in boundless creativity and diversity.  Other hosts of Innovation Week events include Cross Campus, Microsoft, WeWork, Apple, ExpertDojo, and YouTube Space LA.

On Tuesday, October 20, Jennifer Grady will be addressing entrepreneurs with ways to protect their innovative small businesses thorough The Top 10 Tools Business Owners Need to Know From a Business and Employment Law Attorney.”  The presentation will take place from 12:00 to 1:00 p.m. at The Grady Firm headquarters in the Miracle Mile district of Los Angeles. Continue reading


The Grady Firm, P.C. Expands to San Francisco and San Diego, California

The San Francisco Office is conveniently located at 555 California Street, San Francisco, CA  94104

The San Francisco Office is conveniently located at 555 California Street, San Francisco, CA 94104

The Grady Firm, P.C. is pleased to announce that it has opened offices in San Francisco and San Diego, California to better serve the needs of its clientele throughout the state. These offices are exciting additions to the current Los Angeles headquarters in the Miracle Mile/Museum District of Los Angeles, which is located across the street from the Los Angeles County Museum of Art (LACMA) on Wilshire Boulevard in the heart of Los Angeles.

At the San Francisco location, The Grady Firm, P.C. offers Startup/business advising, employment law, criminal law, family law, immigration, and Intellectual Property services.

The San Francisco office building is centrally located in the downtown Financial District on 555 California Street.  As the fifth tallest building on the west coast of the United States, it is a monument to San Francisco’s bold natural landscape and one of the most recognized buildings in the country.  Also known as the “Triple 5,” the building has starred in several classic movies, including Dirty Harry (1971), The Towering Inferno (1974), and in the Chuck Norris film, An Eye for an Eye (1981).  The building has easy access to public transportation, including BART and the Muni Metro.

The San Diego office is located at 964 Fifth Avenue, San Diego, CA 92101

The Granger Building at 964 Fifth Avenue, San Diego, CA 92101

At the San Diego location, The Grady Firm, P.C. offers services in immigration law, business law, and employment law.  The San Diego office is located in the Romanesque-style, turn of the century Granger Building at the corner of Fifth Avenue and Broadway, the gateway to the world-famous Gaslamp Quarter and Core/Civic District.  Throughout its hundred year history, the Granger building served San Diego as a bank, office space, and even hosted animals for the San Diego Zoo.  The building is close to public transportation.

The Grady Firm, P.C.’s Los Angeles Headquarters at 5900 Wilshire Blvd, 26th Floor, Los Angeles, CA 90036.

At the Los Angeles, California headquarters, The Grady Firm, P.C. continues to offer services in Startup/business advising, employment advising, business litigation, employment litigation, immigration, estate planning, and Intellectual Property.

The Grady Firm attorneys are able to serve clients throughout California and the globe through in-person meetings, phone calls, and Skype calls.   To best serve its international clientele, The Grady Firm attorneys are fluent in Spanish, Chinese, French, Hindi, Punjabi, Armenian, Swedish, Hungarian, Korean, and Russian.

Schedule a complimentary 15-minute consultation today with The Grady Firm attorneys by calling (323) 450-9010, or submitting a contact request form.



What Types of Lending Options are Available to help Entrepreneurs Start and Grow Their Businesses?


by Jennifer A. Grady, Esq. and Tristan Younghaus, Esq.

Starting a business can be an exciting, yet costly endeavor. Entrepreneurs need startup capital to cover the cost of living expenses, salaries, overhead, legal fees, filing fees, marketing/advertising, shipping costs, and even production costs. There are numerous funding options available, from interest free loans to venture capital. In this two part series, we will explore the various options that are available for small business owners and entrepreneurs. In this blog, we will discuss loans/gifts from family and friends, bank loans, and Small Business Administration loans. The next posting will explore government grants, venture capital, and crowdfunding.

1. Loans/Gifts From Family and Friends

ImageOne of the most common places entrepreneurs begin when searching for funding is by soliciting loans from family and friends. These personal loans are not considered to be a “loan” by the Internal Revenue Service unless the terms of the agreement are stated in writing, (i.e. by stating the loan amount and the interest rate to be paid). Otherwise, after January 1, 2013, the IRS considers the money given to be a gift, and subject to the Federal Gift Tax, if the loan amount is over $14,000.

For borrowers, it may be most advantageous to have the terms of the loan written loosely, and to set proper expectations for all parties involved. For example, in order to preserve the integrity of the personal relationship, the borrower should make it clear that the loan should actually be considered a “gift” in the lender’s mind, and that the lender maintain the expectation that it may never be paid back. This is due to the high likelihood that the money will not be recouped. The borrower may want to avoid memorializing a specific date of repayment, with terms such as, “borrower to pay back loan when monthly income is greater than $10,000.00,” or whenever a reasonable amount is reached. Continue reading


How Do You Save Your Marriage from Your Startup? Who Gets the Company in the Divorce?

Excerpt From Inc. Magazine

Image“Maintaining a marriage is hard enough as it is. The national divorce rate is at an all-time high, and it has doubled for Americans over age 35 in the past two decades, according to an April report by researchers at the University of Minnesota. Nearly half of all people who have been married undergo a divorce or separation by their late 50s. Though there has been scant research on the topic of entrepreneurs and divorce, many founders say that the overwhelming pressures and demands of launching a company have wreaked havoc on their marriages. What’s worse, a failed marriage can all too easily destroy even a thriving entrepreneurial business.

Even some of the most successful entrepreneurs have experienced marital failure. Last year, Google co-founder Sergey Brin separated from his wife, Anne Wojcicki, the co-founder of DNA-testing company 23andMe. In 2010, Wynn Resorts founders Steve and Elaine Wynn got divorced–for the second time. And Elon Musk, founder of Tesla Motors and SpaceX, has been divorced twice since 2010.

Nine states (Arizona, California, Idaho, Louisiana, Nevada, New Mexico, Texas, Washington, and Wisconsin) have community property laws that dictate all assets accumulated by the couple during the marriage be split down the middle. That includes company stock. In some cases, companies have been sold to raise cash to pay off spouses. In others, brawling exes have been forced to become business partners.

Even if you try to shield your spouse from the daily travails of running a company–the nearly missed payrolls and the personnel problems–those pressures have a way of following you home.”

Read the full article here.

The Grady Firm, P.C. is a full-service law firm catering to business owners and their families. As the “pre-nup attorney for businesses,” founder Jennifer Grady, Esq. and her team of attorneys in the Business Advising Department draft Bylaws, Operating Agreements, Buy/Sell Agreements, and Shareholder Agreements to protect their entrepreneur clients from their partnerships going awry.  The Grady Firm’s Estate Planning Department protects business owners’ assets through trusts and asset protection methods.

To find out how to protect your family and your business, schedule a complimentary 15-minute consultation today, or call (323) 450-9010.