Douglas has joined the Silicon Valley office of Rimon, PC.

Douglas is the Co-Chair of the Education Committee of the Asian Pacific American Bar Association of Silicon Valley.

Douglas Y. Park helps you address issues that cut across corporate governance, corporate and securities law, and strategy. Douglas is a Palo Alto business attorney and corporate governance advisor located in Silicon Valley in California.

Because business and legal decisions are inherently intertwined, you need solutions to your difficult business situations, not just less legal risk.

We encourage you to comment on and share the information and ideas on the blog.

Palo Alto, California (PRWEB) May 30, 2012 Douglas Y. Park, Principal of DYP Advisors, a corporate attorney and strategist in Silicon Valley, will teach Gain a Business Advantage Through the Law for the Stanford University Continuing Studies Program during Summer 2012. The course provides an introduction to business law concepts and offers practical ways to... [more]

Palo Alto, California (PRWEB) May 07, 2012 Palo Alto Business Attorney Douglas Y. Park, Principal of DYP Advisors, announces that his firm is a sponsor of the 2012 Harvard Club of Silicon Valley Annual Dinner on May 16, 2012. The dinner, which serves as the annual meeting of the club’s membership, will be held at... [more]

Does the nonprofit board of directors have fiduciary duties to the community it serves? That question came up after our overview of the fiduciary duties of nonprofit board members. The article stated that the duties run to the organization's mission and donors. The answer to this question lies in the distinction between who the nonprofit... [more]

Palo Alto, CA (PRWEB) April 24, 2012 Douglas Y. Park, Principal of DYP Advisors and a corporate governance authority in Palo Alto, California, has been named to the Program Evaluation Committee of the BlackRock and National Association of Corporate Directors (NACD) challenge on innovation in corporate governance and responsible investment. BlackRock and NACD invite undergraduate... [more]

To Whom Does The Nonprofit Board of Directors Owe Fiduciary Duties?

What fiduciary duties does the nonprofit's board of directors have? And to whom does the nonprofit board owe fiduciary duties? The answers impact the corporate governance and fundraising activities of charitable organizations and their directors. The Fiduciary Duties of The Nonprofit Board of Directors If the nonprofit organization is organized as a corporation, the nonprofit's board... [more]

Palo Alto, CA (PRWEB) March 29, 2012 DYP Advisors, a corporate governance law firm in Palo Alto, California, will sponsor the Asian Pacific American Bar Association of Silicon Valley’s Mentor-Mentee Mixer on March 29, 2012. The mixer will be held at the offices of Kilpatrick Townsend in Menlo Park from 6:00 pm to 9:00 pm.... [more]

Palo Alto, California (PRWEB) March 16, 2012 Silicon Valley corporate governance attorney Douglas Y. Park of DYP Advisors, together with Michael Sacopulos of Sacopulos, Johnson & Sacopulos of Terre Haute, Indiana, has published two articles on the management of online reputation in medical mergers and acquisitions. The companion articles, entitled “Could negative online reviews sour your appeal to buyers?... [more]

Goldman Sachs, the Board of Directors, and Company Culture

  The highly public resignation of Goldman Sachs executive Greg Smith provides a teaching moment about the board of directors’ role in company culture. In a letter published in the New York Times, Mr. Smith says the reasons he resigned from his high level position should be a wake-up call to the Goldman Sachs board.... [more]

Clients often complain that attorneys do not sufficiently incorporate strategic concerns into their legal advice. At the same time, many lawyers do not have adequate training or background in finance, operations, or strategy to have a deep understanding of their client's business. Not surprisingly, many companies see legal expenditures as no more than a sunk... [more]

Palo Alto, California (PRWEB) February 29, 2012 Douglas Y. Park, a Silicon Valley Corporate Attorney, will teach Starting Startups through the Stanford University Continuing Studies Program during Spring 2012. Teaching the class for a second time after an overwhelming response the first time around, Mr. Park explains the motivation for the course: Many entrepreneurs have... [more]

Companies are increasingly forcing their outside counsel to offer an alternative fee for legal work. Pfizer is the latest example. The pharmaceutical giant recently formed the Pfizer Legal Alliance, a group of nineteen law firms who will provide legal services for the entire year for a flat fee. Pfizer's general counsel, Amy Schulman, leads the... [more]

Greenwashing involves attempts by companies to convince consumers that their products or services are environmentally friendly. As companies increasingly want to be seen as green, the practice has become more common -- and dangerous. In light of recent Federal Trade Commission actions, your business needs to understand the Commission's guidelines for environmental marketing claims. Recent... [more]

On March 18, 2009, the Chinese Anti-Monopoly Bureau of the Ministry of Commerce (“AMB”) rejected Coca-Cola’s bid to acquire Huiyuan Juice Group, China’s largest beverage company. This was the AMB’s first rejection of a pre-merger filing under the Anti-Monopoly Law (”AML”) enacted in August 2008. The AMB was apparently concerned that Coke would be able... [more]

Congratulations.  You have convinced several angel investors to fund your startup.  Do the angels get common stock or preferred stock?  What's the difference between common stock and preferred stock?  Why does it matter?  This deal term has implications for future funding rounds and your relationship with the angel investors and venture capitalists. Common versus Preferred:... [more]

How does Legally Informed Strategy add value to business transactions?  I have previously argued that this is one way to break down the insidious barriers between business and legal silos. Another part of the answer turns on an attorney's role in a business transaction.  In a typical business transaction, an attorney advises on the legal... [more]

HP CEO Mark Hurd recently resigned, supposedly because Hurd submitted inaccurate expense reports to conceal a relationship with contractor Jodie Fisher.  In a letter to the HP board, Fisher alleged that Hurd sexually harassed her.  After investigating the allegation, the HP board concluded that Hurd had not violated HP's sexual harassment policy.  Hurd has paid... [more]