Beware of Successor Liability in Connection with Family Owned Business

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A corporation ordinarily is not liable for the debts of other entities or its owners in the absence of an express agreement, such as a guarantee. However, a creditor of one company may try to impose liability on one or more non-debtor entities under “alter ego” or “successor liability” theories in certain circumstances. In these …Read more

How to Prepare for Due Diligence

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As the Chief Executive Officer, you will be hard pressed to secure financing, sell your company, or issue an IPO if you’re unable to persuade prospective investors or buyers. By collecting and presenting your corporate information in a clear, complete, and concise professional manner, you will dramatically improve your chances of success. Preparing for Due …Read more

How to Avoid Risks When Partnering With Overseas Companies

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In case you’re not following the latest international business scandals – like Unaoil and the Panama Papers – We are seeing a rapid revolution in whether, when, and how companies conduct due diligence when engaged in partnering with overseas companies. This is particularly important in the San Francisco Bay Area where many home grown companies …Read more

Key Provisions to Focus On When Selling Your Business

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If you are interested in selling your business, you should be aware of some of the key provisions that typically appear in the deal documentation. Customarily, these clauses are expected by the buyers to support an agreement on price, timing and deal structure (i.e., merger, stock purchase or asset acquisition). While the specific details contained in such an agreement …Read more

5 Key Agreements Every CEO Should Review With an Attorney

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From one vantage point, a business is only a business when it has “agreements” in place that govern its relationships with other parties: agreements with clients to deliver goods or services in exchange for compensation agreements with vendors to pay for products and services agreements with employees, financiers, landlords, insurers, etc. You get the idea. …Read more

Finkel Law Group Helps Firm Secure Settlement in Contract Dispute

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Sometimes when a small company conducts business with a larger company, the respective bargaining power of each party is not equal. The larger company almost always has the small company over a barrel. That’s never the case when Finkel Law Group represents your company in litigation with a larger, well-funded adversary. Our firm recently helped …Read more