Why a Startup Offering Wedding Loans Divorced Its Business Model [e256]

February 24, 2016

Nasir and Matt talk about the Seattle startup SwanLuv, which quickly shifted its business model of giving couples free loans for weddings.

Full Podcast Transcript

NASIR: Welcome to our podcast where we cover business in the news and add our legal twist.
My name is Nasir Pasha.

MATT: And I’m Matt Staub.

NASIR: Matthew Staub, we are continuing our week of talking about startups that have had some growing pains.

MATT: Yeah, this one seems to be all pain, actually.

NASIR: Yeah, from the beginning, right?

MATT: Well, I was trying to figure out when exactly they started all this. From what I can tell, there was a ton of stories in December – you know, a couple of months ago. I’m guessing it’s been about two months since they ramped up and started. But let me just explain what this company is. I had not actually even heard of this, surprisingly. This is the type of story that my wife would have come across and said, “Hey, have you heard about this? You should have this on the podcast.”
It’s called Swanluv. I’ll tell you the original premise and what they are now. The original idea was they would give a loan up to $10,000 to a couple for their wedding expenses with no obligation to pay it back. All right, sounds too good to be true, right?

NASIR: Great idea!

MATT: But, yeah, terrible business model of just giving away up to $10,000 in request. But the catch was, if the couple didn’t stay together – i.e. if they got divorced – I assume it’s just divorce and not any sort of death or anything like that, I think it has to be divorce – if the couple end up getting divorced, they would have to pay the loan back, the principal back with interest. That’s the general idea of what they were doing. There’s a lot of problems with this, one of which was apparently they had this algorithm or formula or something like a questionnaire and the couples would enter this information and they would calculate the risk based on how they answered certain questions.

NASIR: You know that’s all made up, too.

MATT: Oh, yeah.

NASIR: As if they can actually predict that. What’s crazy too is that they planned on funding the loans from people breaking up.

MATT: Yeah.

NASIR: That means that, in theory, they’d have to front a lot of money until these things actually started coming in. Forget about the whole collection issues and the issues that people would try to get out of this by not divorcing but just separating and how are they going to keep track that people are staying married? I mean, I can go on and on but, I mean, can we at least agree that it’s not a good idea as far as a startup business? Like, if someone came to you, like, “Hey, here’s my 60-second pitch, this is what I like to do. Could you not laugh at the idea?” That’s the question.

MATT: Was the idea to just constantly search for recently filed divorces? How are they going to keep track of it? Even if they found out that a couple got divorced, how are they going to collect on it?

NASIR: And we’re talking about years later, right?

MATT: Yeah.

NASIR: I suppose people are going to remember that, if they get divorced, they’re going to have to pay $10,000. But, when people divorce, from a financial perspective, it’s a mess, right? Most of the time, both parties lose money – or at least one party. I should say, a collective community property, there’s a lot of money lost. There’s money lost on attorneys, a lot of credit cards get left unpaid, credit goes down. In other words, there’ll be other debts. Let alone, of course, people that are borrowing this money – so-called borrowing – may not have been in a very good financial condition anyway. Also, a lot of divorces are caused by financial stress.

MATT: Ah, that’s the point I had.

NASIR: Oh, okay, you did? Okay.

MATT: You brought up a good point before that and, obviously, the people that were going to do this needed the money so they might not be in the best financial position. But the thing I was going to say was I thought that – this is not substantiated but from what I’ve heard – the number one reason for divorces is money problems.

NASIR: Yeah.

MATT: It’s definitely one of the top couple – or top few, at least. I mean, just from a practical standpoint, this whole business model just doesn’t make sense. Like you said, it even said on the site before they took it down or whatever, “Does Swanluv profit from divorces?” “No, 100 percent of the money collected from the members who are later divorced is used to provide funds for future couples’ dream weddings.” So, yeah, they’re funding these future couples from failed previous marriages. I guess, technically, you could get remarried and that funding could be from your previous marriage end in divorce.

NASIR: This is just ridiculous. Okay. Let’s get to the point here.
They start advertising for marketing this concept but they don’t actually launch, right? They have a launch date or something to that effect and I think they’re launching on what, February 14th? And then, they make an announcement. What was the announcement that they made?

MATT: Basically, the response was overwhelming. I don’t know how people found out about this. Like I said, there were the articles I got posted, but I hadn’t heard of this or seen anyone post about it but, apparently, there was just an overwhelming response because, essentially, they were requested to what was the total number?

NASIR: Sorry to interrupt you. I’m just reading, it’s a screenshot of some of their FAQs and one of the questions – and you’ve already talked about this – “How do we determine which applicants receive funds?” and the answer is, “We leverage online data and algorithm software technology to quickly assess applicants’ risk to determine funding others.” It seems like they basically fund the couples that they think are going to divorce, right? Which is funny. If you end up getting funded then it’s almost an insult because they think that you’re going to divorce more than another couple that’s applying.

MATT: I’m glad you brought that up and I finally got my internet to load. Yeah, it says, “Due to overwhelming demand, nearly $2 billion at $10,000 per couple, the unanticipated legal regulations restrictions in the lending space, we went this different route.” But, yeah, going back to what you just said, everyone that requested it, you didn’t have to give money to that couple. It’s still an option. It’s not like this couple makes a request and they automatically get $10,000. Even if the demand was high, they didn’t have to give money to everyone. I don’t know how they would decide who to give the money to.

NASIR: They should have just used their fancy online data and algorithm software technology.

MATT: I don’t even know how even go about it. I mean, I’m trying to think of what information. I guess maybe a shorter period of time they’ve been together? If it was a very short period? I guess there’s probably certain things you can think about and say, “Oh, they’re more likely.” I mean, statistically, I’m sure there’s things that are more likely for a couple to get divorced or not.
But, anyway, the demand was high. $2 billion apparently overall, all said and done. So, they said, “Well, we obviously can’t do this anymore. We’re going to completely shift our whole process and now we’re just going to become a funding platform to a wedding crowdfunding model,” essentially, putting up a crowdfunding campaign asking friends and family to give money to this couple’s wedding. Same kind of rules apply. You know, as long as they stay married, they keep the wedding. But, if they don’t, they have to pay the money back to those friends and family which to me is even more ridiculous than the original idea.

NASIR: It is, I agree. It’s like they took a bad idea and, instead of making it a good idea, they just add some salt and pepper to it. This statement, unanticipated lending issues and all this stuff, as if that could not have been planned ahead of it. I’m sorry, I have to interrupt my chain of thought here. I’m also looking at another question that says, “How do we help couples stay together?” and the answer is, “Free marriage counselling is available.” Not only are they going to give you free money and wait years to get it back – and they may not even get it back at all if the couple stays together – they’re going to offer you free marriage counselling in order to prevent you from divorcing so that they can not get their money back. I mean, this is just a phenomenal business idea.

MATT: I mean, we’re not even into the legal side of it yet. I mean, we’ve pinpointed ten different issues that are terrible just from a business model perspective. I mean, it was doomed to fail from the beginning. If I would have used this myself, I would have said they’re more likely to go out of business than I am to get a divorce.

NASIR: That’s right!

MATT: You know, it won’t be until when it happens if anything.
I guess we’re get to the legal aspect of this.

NASIR: Yeah, let’s get to that.

MATT: How do you think these loans were set up? I would have to think, the way they’ve structured everything, it just wasn’t really done properly.

NASIR: Yeah. I mean, they mention kind of lending.

MATT: They didn’t give any money yet, I guess. Maybe it was just ideas at this point.

NASIR: I think that’s right. I don’t think they actually did any transactions from what I understand. I think they would have been in a lot worse situation than they are now if they had. But they reference lending – what do they say? – unanticipated lending legal regulations, restrictions in the lending spaces, as if there’s new laws all of a sudden in the lending space which there really aren’t. I think one of the problems that they probably ran into is, think about it this way, I mean, giving $10,000 and I have a certain percentage chance that I’m going to get that paid back. And so, if I’m making many loans for $10,000, in order for me to get that money that I’m getting, I have to get a pretty high interest rate for the ones that do divorce because it has to make up for those other ones.

MATT: Exactly.

NASIR: And so, in fact, I would even imagine that the interest rate is such that they may even be obligated to pay back even more than double what the original principal was or something to that effect. I mean, it has to be some kind of pretty high interest rate or penalty and so forth. I mean, I can’t imagine if it’s a 6 percent interest rate where the couple divorces after a year and the company’s only going to make $600, right? It’s probably something pretty high which, of course, you know, you’re going to run into lending issues.

MATT: Yeah. I think they’re based out of Seattle, I believe. I think the maximum interest rate you can charge is 12 percent – not tremendously high. But, yeah, I mean, just pure math, it just didn’t seem like it was going to be feasible from a financial perspective – unless everyone is getting divorced and they were collecting on it.
The other thing too I’m very curious about is where were they planning on getting this money from?

NASIR: The original money, right?

MATT: Yeah, the principal that was getting loaned on. Like, you have to have that money.

NASIR: You have to be like a bank, right? You’d have to have a pretty… I mean, it depends obviously how many but that’s the whole premise, right? In order to make money, you have to run the numbers. In the sense that, if you only did ten of these, then you could easily get unlucky. Let’s say 80 percent of the ones that they select get divorced within five years – and that’s an acceptable business plan for them which I’m sure that’s not how it is – but in order to get that 80 percent, it’s a law of averages. You have to do a high volume. Again, how are they going to get that money? It doesn’t make sense.

MATT: Yeah, they should have just done – and this probably already exist – wedding loans and you just pay it back over however many years, no matter what.

NASIR: That’s a great idea!

MATT: It’s also just called a loan. It doesn’t even need to be specified as a wedding loan.

NASIR: Yeah. Here’s a legal issue that I think I personally am also kind of annoyed by in the sense that, okay, a lot of couples are upset and they’re not wrong because, really, it’s like they didn’t launch yet. They didn’t sign an agreement and, you know, there was a lot of tweets afterwards when they made the announcement – like, “Hey, you gave our hopes up. We thought we were going to have this dream wedding and now we don’t have any money,” and so forth. But, in reality, this is like I’m going to give them the benefit of the doubt that they didn’t promise this, they didn’t sign any contract because that’s what I’m reading. But let’s assume that no couple could make that argument. But here’s one thing that I think we, as consumers, should have an issue with – they drum up all this exposure – whether it’s today that we’re covering them today or prior to that – that they’re giving away all this free money and then they’re like, “You know what? No, we’re not going to give free money away. We’re going to do this and we’re going to launch a different business and, by the way, since I know all you guys are getting married, I’m going to send you an email saying, ‘Hey, instead of us giving you free money, why don’t you ask your friends and family to raise money for you and then we’re going to profit from that.’” To me, that has some problems and I saw one article mention that because the couples didn’t pay any money then the FTC or FCC wouldn’t get involved but I think there’s some real issue here. I mean they basically lied to us or took back a representation that they made that they were going to do this in exchange for exposure. There has to be something wrong with that.

MATT: Yeah. Like you said, it’s hard to tell. I would assume kind of based on everything we’ve seen and the response and the potential couples’ responses that nothing was agreed to, nothing was signed, no money was certainly given out. Also, their site is currently off as we’re recording this so we can’t even see what is written there now.

NASIR: Yeah, I think they said that their servers couldn’t handle the crowdfunding structure or something.

MATT: But, I mean, even if they get back up and running, they’re still going to run into issues. I’m just confused how they’re going to be. Let’s say they get up with their new plan and they’re just going to kind of be they said they’re a platform but they’re taking in the money and they’re holding it and they’re giving it out once whatever time period is up.

NASIR: It’s not the worst concept because, prior to this, they were lending money to make money off people’s divorces basically. But, now, they’re saying, “Okay, friends and family, lend them money.” The reality perspective is that I give my friend $10,000 for their wedding but I’m like, “Hey, if you guys get divorced, I want that money back. I gave it to you guys to get married, not to get divorced.” And I didn’t give them the money to make money off of them. I gave them the money so that I can help out my friend or family member, right? It’s not the worst idea but, these guys, I feel like these guys are the wrong people to do it.

MATT: I’d even mention what I thought was the most atrocious part of this.

NASIR: What’s that?

MATT: Let’s see. I’ve got to find the quote. I guess at one point he was interviewed – I think this is back in December – it said they haven’t attracted any investors yet, blah blah blah, but here’s what he said.

NASIR: That’s pretty atrocious, too. Like, as if they were expecting investors to fund this thing.

MATT: Apparently, the contract that I guess is not going to exist anymore includes a clause that only one partner has to pay back the money if the marriage ends in abuse. Good luck getting involved in that.

NASIR: Oh, my gosh.

MATT: I don’t know how you could even say that. It’s just terrible.

NASIR: I don’t think they had any idea. You know what? I still don’t think they have any idea. Like, for example, I give $500 towards their crowdfunding campaign for someone’s marriage and they get divorced. Who’s going to collect it? Do I have to collect it? Is this company going to go and send a collection letter? And what if they don’t collect it? Can I sue this company for not having proper collection efforts? Can I sue the couple at the least if they don’t do anything? I mean, it’s just ridiculous

MATT: Yeah, I think you would sue the company. I mean, even if they try this new route they’re going on, they’re still going to have tons of problems. If I knew somebody that got divorced, the immediate first thing I would think of is, “How much money did I put towards their wedding?” I mean, I guess that’s what buying gifts are. You don’t see people asking for their gift back.

NASIR: You know, I was thinking, like, we’re pretty much going through the whole legal analysis of this business and I’m just thinking, if this was my client, what would be my advice to them? It’d probably just be like, “Stop doing what you’re doing and don’t do this business.” I mean, what would your advice be?

MATT: They’re not in as bad a position as we’re making it out to be just because they haven’t… I mean, all they’ve done is talk so far. They haven’t done anything.

NASIR: You know what? You’re right. We could be criticizing them and this could all be a scam. We’ve gone on for like twenty minutes or so on how ridiculous this is. I feel like you’re right, though; they just baited us into this kind of criticism.

MATT: Maybe we can break the story. I haven’t seen anyone write about that yet.

NASIR: If it is true, another good idea is to just basically, if you do have a good wedding or marriage kind of related business idea, just buy the company name and then launch that idea because they have the publicity. That’s what I would do.

MATT: There you go. That’s the takeaway for this week.

NASIR: Very specific advice but it’s still applicable, nonetheless.

MATT: This is one of our longer episodes and one of our shortest legal talk episodes.

NASIR: That’s true. It was just us bashing an idea for twenty minutes.

MATT: Yeah, I don’t regret it.

NASIR: I agree. I regret nothing.
All right, thanks for joining us.

MATT: Yeah, keep it sound and keep it smart.

Legally Sound | Smart Business

By

The Podcast Where Nasir Pasha and Matt Staub cover business in the news with their legal twist and answer business legal questions that you the listener can send it to info@legallysoundsmartbusiness.com.

Get Business Legal Updates

Please provide your full name.
Please provide a valid email address.
We respect your privacy, and we will never share your information. Unsubscribe at any time.
Legally Sound Smart Business cover art

Legally Sound Smart Business

A business podcast with a legal twist

Legally Sound Smart Business is a podcast by Pasha Law PC covering different topics in business advice and news with a legal twist with attorneys Nasir Pasha and Matt Staub.
Apple Podcast badge
Google Podcast badge
Spotify Podcast badge

Latest Episodes

July 14, 2021

Through a five-round championship bout, Matt travels to Texas from California to determine which state is better for business. Will it be a knockout with a clear winner or will it go to the scorecards?

June 16, 2021

Covered in this episode of Legally Sound Smart Business are some typical business mistakes blunders small businesses often make and how to avoid them. Blunder #1: Copying and pasting agreements It may sound like a good idea at the time, but this blunder comes with hidden pitfalls. Having an attorney draft terms that are specific…

February 4, 2021

How you terminate an employee can make the difference between a graceful transition to avoidable negative outcomes like a dramatic exit or even a lawsuit. We gathered a panel of experts and asked them – is there a “right way” to fire an employee? We would like to thank our guests for this episode: Amr…

December 2, 2020

The COVID-19 pandemic has turned nearly every aspect of life on its head, and that certainly holds true for the business world. In this episode, Matt and Nasir explain how the early days of the pandemic felt like the Wild West and how the shifting legal playing field left a lot open to interpretation and…

November 16, 2020

After plenty of ups and downs, our buyer has finally closed on the purchase of their business. While we’re marking this down in the ‘wins’ column, it never hurts to review the game tape. In this final episode, our hosts, Matt Staub and Nasir Pasha, return to the deal almost a year later to reflect…

September 15, 2020

The ink is drying on the signature line and things are looking great for our buyer. After so much hard work, the finish line is in sight and the cheering within ear shot.   Though the landlord is still serving friction, things seem safe to move forward and for now, our buyer will be keeping…

July 31, 2020

Though things are coming along well, the journey would not be interesting if it was purely smooth sailing. After our buyer opens escrow, they are forced to push the closing date back when suddenly a letter from an attorney was received claiming the business, we are buying has a trade mark on the name!  Now…

June 12, 2020

With frustration at an all-time high and professionalism at an all-time low, our friend the Buyer has “had it” with the Seller and quite frankly their lack of knowledge. At present our Buyer is rightfully concerned that the latest misstep from our loose-lipped Seller will threaten not only the entire operation of the businesses but…

May 11, 2020

As we go deeper into the buying process, we start to uncover more challenges from our seller and encounter some of the wrenches they are tossing our way. When we last left off in episode three our team was knee deep in due diligence for our buyer, had already penned and signed the Letter of…

April 4, 2020

One word–interloper! When a new mysterious broker enters the transaction and starts to kick up dust, Nasir and Matt take the reins. The seller signed off on the letter of intent (see episode 2), yet this “business broker” serves only friction and challenges by refusing to send financials, whilst demanding more of a firm commitment…

April 4, 2020

Just as most stories and deals start out, everyone is optimistic, idealistic and full of hope for clear skies. It’s a perfect outlook with a perfect setup for the ups and downs yet to come. Peek further behind the curtain and into the first steps of buying a business: the letter of intent. After the…

April 4, 2020

When a savvy buyer hears opportunity knocking to purchase a prime positioned business, she decides not to go it alone and taps in the professionals to help navigate what could potentially be a fruitful acquisition. “Behind the Buy” is a truly rare and exclusive peak into the actual process, dangers, pitfalls and achievements, that can…

August 7, 2019

GrubHub is subject to two “matters of controversy” that have likely become common knowledge to business owners: “fake” orders and unfriendly microsites.

May 28, 2019

In this podcast episode, Matt and Nasir breakdown the legal issues of the subscription industry’s business on the internet. Resources A good 50-state survey for data breach notifications as of July 2018. California Auto-Renewal Law (July 2018) Privacy Policies Law by State Why Users of Ashley Madison May Not Sue for Data Breach [e210] Ultimate…

March 12, 2019

In recording this episode’s topic on the business buying process, Matt’s metaphor, in comparing the process to getting married probably went too far, but they do resemble one another. Listen to the episode for legal advice on buying a business.

December 3, 2018

Nasir and Matt return to discuss the different options available to companies looking to raise funds through general solicitation and crowdfunding. They discuss the rules associated with the various offerings under SEC regulations and state laws, as well as more informal arrangements. The two also discuss the intriguing story about a couple who raised over…

July 24, 2018

Flight Sim Labs, a software add-on creator for flight simulators, stepped into a PR disaster and possibly some substantial legal issues when it allegedly included a Trojan horse of sorts as malware to combat pirating of its $100 Airbus A320 software. The hidden test.exe file triggered anti-virus software for good reason as it was actually…

April 17, 2018

Attorneys Matt Staub and Nasir Pasha examine Mark Zuckerberg’s congressional hearings about the state of Facebook. The two also discuss Cambridge Analytica and the series of events that led to the congressional hearings, the former and current versions of Facebook’s Terms of Service, and how businesses should be handling data privacy. Full Podcast Transcript NASIR:…

March 10, 2018

The Trump presidency has led to a major increase in ICE immigration enforcement. It’s critical for business owners to both comply with and know their rights when it comes to an ICE audit or raid. Nasir, Matt, and Pasha Law attorney Karen McConville discuss how businesses can prepare for potential ICE action and how to…

February 5, 2018

New years always bring new laws. Effective January 1, 2018, California has made general contractors jointly liable for the unpaid wages, fringe benefits, and other benefit payments of a subcontractor. Nasir and Matt discuss who the new law applies to and how this affects all tiers in the general contractor-subcontractor relationship. Click here to learn…

January 2, 2018

With a seemingly endless amount of new mattress options becoming available, it is unsurprising that the market has become increasingly aggressive. As companies invest in more innovative solutions to get in front of customers, review sites, blogs and YouTube videos have moved to the forefront of how customers are deciding on their mattresses and how…

December 7, 2017

In recent months explosive amounts of high profile allegations of sexual harassment, assault, and varying acts of inappropriate behavior have transcended every sector of our professional world. With a deluge from Hollywood and politics, and the private workforce, accusations have inundated our feeds and mass media. This harassment watershed has not only been felt within…

November 16, 2017

If you are not familiar with the EB-5 program started in 1990 to give green cards to certain qualified investors in the United States, then you may not have been alone a few years ago. Currently, the EB-5 program has since exploded since its inception and now hits its quotas consistently each year. The program…

October 10, 2017

Government requests come in multiple forms. They can come in as requests for client information or even in the form of investigating your company or your employees. Requests for Client Information General Rule to Follow Without understanding the nuances of criminal and constitutional law and having to cite Supreme Court cases, any government requests for…

August 24, 2017

Nasir and Matt suit up to talk about everything pertaining to employee dress codes. They discuss the Federal laws that govern many rules for employers, as well as state specific nuances in California and other states. The two also emphasize the difficulty in identifyingreligious expression in dress and appearance, how gender-related dress codes have evolved…

June 28, 2017

Nasir and Matt discuss the life cycle of a negative online review. They talk about how businesses should properly respond, how to determine if the review is defamatory, the options available to seek removal of the review, how to identify anonymous reviewers, whether businesses can require clients to agree not to write negative reviews, and…

June 7, 2017

On this episode of the Ultimate Legal Breakdown, Nasir and Mattbreak down social media marketing withguests Tyler Sickmeyer and Kyle Weberof Fidelitas Development. They first discuss contests and promotionsand talk about where social media promotions can go wrong,when businesses are actually running an illegal lottery, and the importance of a soundterms and conditions. Next, they…

April 3, 2017

On this episode of the Ultimate Legal Breakdown, Nasir and Matt go in depth with the subscription box business. They discuss where subscription box companies have gone wrong(4:30), the importance of a specifically tailored terms and conditions(6:30), how to structure return policies (11:45), product liability concerns (14:45),the offensive and defensive side of intellectual property (19:00),…

February 1, 2017

Nasir and Matt discuss the suit against Apple that resultedfrom a car crashed caused by the use of FaceTime while driving. They also discuss howforeseeable use of apps can increase liability for companies. Full Podcast Transcript NASIR: Hi and welcome to Legally Sound Smart Business! I’m Nasir Pasha. MATT: And I’m Matt Staub. Two attorneys…

January 5, 2017

The guys kick in the new year by first discussing Cinnabon’s portrayal of Carrie Fisher as Princess Leia soon after her death, as well as other gaffes involving Prince and David Bowie. They alsotalk about right of publicity claims companies could be held liable for based on using someone’s name or likeness for commercial gain.

December 22, 2016

Nasir and Matt discuss the recent incidentat a Victoria’s Secret store where the store manager kicked out all black women after one black woman was caught shoplifting. They then each present dueling steps businesses should take when employees are accused of harassment.

December 8, 2016

Nasir and Matt return to talk about the different types of clients that may have outstanding invoices and how businesses can convert unpaid bills to getting paid.

November 10, 2016

After a long break, Nasir and Matt are back to discuss a Milwaukee frozen custard stand that is now revising it’s English only policy for employees. The guys also discuss how similar policies could be grounds for discrimination and what employers can do to revise their policies.

October 6, 2016

The guys discuss the new California law that allows actors to request the removal of their date of birth and birthdays on their IMDB page and why they think the law won’t last. They also discuss how age discrimination claims arise for business owner.

September 29, 2016

Nasir and Matt discuss the racial discrimination claims surroundingAirbnb and how it’s handled the situation. They also discuss some practical tips for businesses experiencing similar issues.

September 8, 2016

Nasir and Matt discuss whyAmazon seller accounts are getting suspended and banned without notice and how business owners can rectify this situation through a Corrective Action Plan.

August 25, 2016

Nasir and Matt talk about the accusations surroundingfashion giant Zararipping off the designs of independent artists like Tuesday Bassen and howsmaller companies can battle the industry giants.

August 18, 2016

Nasir and Matt discuss Brave Software’s ad replacing technology that has caught the eye of almost every national newspaper and has a potential copyright infringement claim looming. They also welcome digital marketing expert Matt Michaelree to speak on the specifics of what Brave is attempting to do and whether it has the answers moving forward.

July 28, 2016

Nasir and Matt discuss the sexual harassment lawsuit filed by Gretchen Carlson against Fox CEO Roger Ailes. They also talk aboutthe importance of sexual harassment training and properly handling such allegations in the office.

July 15, 2016

Nasir and Matt talk about the changes at Starbucks that have led to many disgruntled employees and customers.

June 23, 2016

Nasir and Matt discuss the criminal charges facing FedExinvolving the alleged transportation of illegal drugs. They also talk about how business owners should address working with customers that may be breaking the law.

June 15, 2016

The guys return after a long break to discuss why Yahoo is auctioning off over 3,000 patents and how this decision will affect the longevity of the company.

May 25, 2016

Nasir and Matt discuss the increase in the salary thresholdfor exempt employees and how employerscan try to avoid paying overtime as a result.

May 18, 2016

Nasir and Matt discuss the Baltimore law that makes it very difficult to operate food trucks in the city. They also discuss all the legal restrictions tohaving a food truck.

May 11, 2016

Matt listens to Nasir recap the developing battle in his hometown of Vandalia, Ohio over whether a Dunkin Donuts can move into a location in close proximity to a local favorite donut shop. They then discusswhether the issue is more legal or personal.

May 9, 2016

The guys kick off the week by discussing a Nevada employee who is claiming she was fired for not supporting the Scientology beliefs of her employer.

April 27, 2016

The guys discuss the massive floods in Houston,how employers responded, and why one meteorologist became a local hero. They also discuss the steps businesses should take in preparing for storms outside the workplace.

April 20, 2016

The guys discuss the boycott of Amazon over the products of an unnamed presidential candidate. They also talkabout how a business should handle a boycott and whether it’s possible to exit one unscathed.

April 13, 2016

Click here to read HubSpot’s response on this topic. Nasir and Matt discuss the trend in startups to compensate programmers and other early employees with stock options and how the company culture at HubSpot isn’t what it seems.

April 6, 2016

Nasir and Matt discuss various lawsuits against social media platforms in which users are accused of artificially inflating their social currency.

We represent businesses.
That’s all we do.

Oh, and we love it.

We love our work. We love reviewing that lease for your new location. We thrive on closing that acquisition that nearly fell through. We’re fulfilled when we structure a business to grow, raise capital, and be legally protected.

We focus on developing close relationships with our clients by being like business partners. A partner who provides essential, personalized, proactive legal support.

We do all of this without utilizing the traditional billable hour model. You pay for the value we bring, not the time spent on calls, emails, and meetings.

Our team is made up of attorneys and staff that share these values and we are retained by clients who want the same.

Pasha Law PC operates in the states of California, Illinois, New York, and Texas.

Meet Our Team

Fractional General Counsel Services

Pasha Law Select offers the expertise of a high-end general counsel legal team for every aspect of your business at a fixed monthly rate. Pasha Law Select is deliberately designed to allow our legal team to be proactive, to anticipate, and to be comprehensive in serving our clients. To be great lawyers, we need to know our clients. We can’t know our clients unless we represent a select number of clients in the long-term. This is Pasha Law Select.

Learn More