Source: ABA Journal Top Stories
Kevin E. Houchin, a Fort Collins, Colo.-based solo practitioner, is placing a bet on an entrepreneur’s dream of opening a 14,000-square-foot brew pub. Gene Gregg has professional brewing experience, clearance from the city and the go-ahead from Rite Aid, which owns commercial space on the southern end of town once intended to be a drugstore. While Gregg lacks seed capital, his enthusiasm for the project convinced Houchin—who works primarily with startups—to provide legal services for no fee in exchange for a 5 percent piece of the action. “Somebody comes in with an idea that sounds fun, that I’d like to…
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When an Equity Stake Can Be an Attractive Fee Option
July 16, 2010 Leave a Comment
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