The purpose of corporate law is the institutionalization of legal relations between corporations (companies, cooperatives, partnerships, non-profits, etc.) and people, and between corporations themselves, and to enable economic activity between them. In this activity there are occasionally conflicts of interest between shareholders and creditors, shareholders and directors, as well as between shareholders themselves that are resolved by legal documents worded by the parties according to general principles of law, such as the principle of freedom of contracts.
High Tech and Cyberlaw
In recent years we have seen increasingly accelerated growth of various enterprises in the fields of technology, software, the Internet, biotechnology, etc. The legal arena in which high-tech start-ups find themselves requires special preparation and deployment, both in those start-ups' financial situation (which require unconventional remuneration methods such as, for example, option plans for employees) as well as the fact that these companies foresee future capital investment sale transaction or public offering (Exit) that require corporate and contractual deployment appropriate to this forecast.
Intellectual property laws deal with the wide range of fields, primarily defense of rights in intangible assets whose existence is defined as the outcome of a person's creations. Under this heading one can find inventions and patents, trademarks, designs, copyrights in literary, musical and artistic works, commercial secrets and reputation. Intellectual property is granted to the intellectual product and not the tangible product, requiring examination of the mental effort made by the inventor.