April 29, 2024 - Online Legal Arbitration Rich Lee and Corporate Transparency Act Garrett & Ted Sutton

School for Startups Radio

Rich Lee – CEO and Co-Founder of New Era ADR

As a startup when you are incredibly capital constrained, even if you go
raise a round of capital, all that money you are pouring into a startup, it
should be used to go to market. The last thing you want to be spending
time and money on is litigation.

Rich Lee is the CEO and Co-Founder of New Era ADR. Before starting New Era, Rich was the General Counsel at Civis Analytics, a fast-growing, venture-backed data science technology company born out of President Barack Obama’s 2012 re-election campaign. He served on the executive team, led legal, cybersecurity, and compliance, and helped lead and evolve the company through rapid growth (600%+ in his tenure) and over $50M in funding. Before Civis, Rich was SVP, General Counsel, and Corporate Secretary at Livevol, a financial technology company that he helped to build, grow, and sell to CBOE Holdings (BATS: CBOE). Rich also serves as an advisor, board member, and investor in technology startups and venture funds and in a leadership role in the Economic Club of Chicago. Passionate about solving the access to justice gap in the United States, Rich also serves on the national Leader’s Council of the Legal Services Corporation (a U.S. Senate-funded 501c3) and on the board of Illinois Legal Aid Online. He holds a J.D. from Loyola University Chicago School of Law and a B.S. in Bioengineering from the University of Illinois at Urbana-Champaign. In addition to his role at New Era, Rich also serves as an advisory board member and investor in technology startups and venture capital funds and a leadership role at the Economic Club of Chicago.
Garrett Sutton and Ted Sutton – Attorneys at Corporate Direct and Experts on the Corporate Transparency Act

The Corporate Transparency Act requires that every corporation, LLC,
limited partnership in the country provide sensitive information to the
federal government. They want to know all of the 25% or greater owners
and who has substantial control of the entity. This is all done in the name
of fighting money laundering and terrorism. As the Wall Street Journal
said in an editorial, “Are the bad guys really going to report?” 32,000,000
American businesses now have to comply.

Garrett Sutton has sold more than a million books to guide entrepreneurs and investors. His best sellers include Start Your Own Corporation, Loopholes of Real Estate, and Veil Not Fail. For more than 30 years, he has run his practice assisting entrepreneurs and real estate investors in protecting their assets. The companies he founded, Corporate Direct and Sutton Law Center, currently help more than 14,000 clients protect their assets and maintain their entities, especially under the new Corporate Transparency Act. Garrett also serves as a member of the elite group of “Rich Dad Advisors” for best selling author Robert Kiyosaki. A number of the books Garrett Sutton has authored are part of the best selling Rich Dad, Poor Dad wealth-building book series. Garrett is also the President of Sunn Stream, a new streaming platform focusing on kid’s financial education and adult professional development. Garrett lives in Reno, Nevada has been recognized as a Lifetime Achievement Member by America’s Top 100 Attorneys.
Ted Sutton is a licensed attorney who is the son of Garrett Sutton. Ted was born and raised in Reno, NV. He graduated from the University of Utah with a B.S. in Mining Engineering. During one of his summers, he spent three months working at a mine in Chile. This experience made him realize that legal matters interested him more than engineering ones. After graduating in 2018, he decided to attend law school the following year. Ted attended the University of Wyoming College of Law. In his third year, he served as the Student Director of the Business Entrepreneurship Practicum, where he helped clients form and maintain LLCs. He graduated in May 2022. Ted is now licensed to practice law in Wyoming and Nevada. Ted has been focused on making sure Corporate Direct’s clients properly
file under the Corporate Transparency Act. Ted is also the author of “Five Tricks To Teach Your Kids About Money.”