Car Vending Machines: Tech start-up Carvana is hoping to completely change the way Americans buy cars and make the process less painless for consumers. The vehicle search, trade-in, purchase and financing process takes place exclusively online. Once the transaction is completed, buyers can have their vehicles shipped directly to their driveways or pick them up. Carvana also recently launched the world’s first fully automated, coin-operated Car Vending Machine in Nashville and will fly buyers there for free.
Drone Racing: The sale of drones has exploded in recent years, with consumer drone sales expected to reach 700,000 by the end of the year, which is an increase of more than 60 percent over 2014 figures. As more hobbyists are learning to fly the small-unmanned planes, they are also gathering to engage in some friendly competition. While the sport of drone racing is still in its early stages, organizers are hopeful that it will soon lead to financial gain. According to Charles Zablan, the chief operating officer of the California-based International Drone Racing Association, drone racing could be the next X Games, motocross racing and Red Bull air racing. As reported by the New York Times, the Drone Racing League recently announced a $1 million investment from Stephen M. Ross, who owns the Miami Dolphins.
Robotic Mind Control: Robots are also poised to revolutionize the medical field, with several high-tech tools nearly ready for commercialization. One of the most innovative is the development of prosthetics that can be controlled with a person’s mind just like a normal limb. At a Johns Hopkins University laboratory, researchers are fine tuning robotic arms with more than 26 joints, known as Modular Prosthetic Limbs, that exclusively use brain signals to control movements, including the ability to lift, grip, and otherwise manipulate objects. Other researchers, including those working with the federal government, are working on similar devices that could eventually help millions who are amputees.
Bringing on outside investors can provide the capital and strategic support a business needs to grow. However, raising capital also introduces important legal, financial, and operational considerations. Before bringing on investors, businesses should address key legal issues to reduce risk, streamline investor due diligence, and position the company for long-term success. Early preparation signals that […]
How the Updated Law Shapes Retirement and Estate Planning The SECURE 2.0 Act of 2022 materially reshapes the required minimum distribution (RMD) landscape, extending tax deferral opportunities while accelerating distribution requirements for many beneficiaries. For high-net-worth individuals and families, these changes are not merely technical. They require a reassessment of retirement income strategies, beneficiary planning, […]
Buying Commercial Property in New Jersey: Legal Guide for Small Businesses
Small businesses considering buying commercial property in New Jersey must evaluate a range of legal, financial, and operational factors. While ownership can offer long-term value and control, it also introduces significant risks if not properly structured. This guide outlines key considerations to help New Jersey business owners make informed decisions, minimize legal exposure, and successfully […]
The SEC’s Latest Guidance on Applying Federal Securities Laws to Tokenized Securities
On January 28, 2026, staff of the U.S. Securities and Exchange Commission’s Divisions of Corporation Finance, Investment Management, and Trading and Markets issued a joint statement clarifying how existing federal securities laws apply to tokenized securities. The SEC’s “Statement on Tokenized Securities” does not establish new law, but it does provide greater clarity on the […]
Common Legal Mistakes NYC and New Jersey Business Owners Make
Operating a business in the New Jersey and New York City metropolitan region offers incredible opportunities, but it also requires navigating a dense and highly regulated legal environment. From entity formation to regulatory compliance, seemingly minor legal oversights can expose business owners to significant risk. In our work with businesses throughout the region, our attorneys […]
High-profile founder litigation is more than just a media spectacle. For startup founders, these cases underscore the legal and structural risks that can arise when rapid growth outpaces formal oversight. While launching a new company can be both an exciting and deeply rewarding endeavor, founders must be mindful that it also comes with significant risks. […]
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