Working with a reputable law firm to assist you in drafting and negotiating agreements for sales, real estate transactions, employment agreements, and intellectual property licenses, has never been more essential to the success of your business. The attorney you choose should be focused on preventing problems and helping you navigate your company through a challenging …Read more
If your company has a website that allows users to post any kind of content, you may be at risk for copyright infringement under U.S. copyright law if any of the content is not original to the party posting it. With most companies now leveraging multiple social media platforms, in addition to their traditional websites, …Read more
In May 2016, the United States Congress enacted the Defend Trade Secrets Act (“DTSA”) taking steps to make a “federal case” out of an area of the law that has been the domain of state law since the founding of the Republic. Whether that decision was a good one or not is yet to be …Read more
“I must file bankruptcy for my business.” That is not likely a part of your business plan but, if conditions bring you to that point, you must formulate a cohesive plan to manage safe passage through the bankruptcy minefield. Rule number one: If you are filing bankruptcy for a business entity you must use an …Read more
The economic downturn in the recent past hit many small and medium sized businesses very hard. Some have been able to hang on, but only because their creditors have been willing to work with them. Things are starting to turn around, but perhaps not quickly enough to satisfy creditors. If your creditors are getting impatient …Read more
No matter how careful you are in screening prospective employees, sometimes the fit between employer and employee just isn’t a good one. When efforts to address a staff member’s behavior have been exhausted, or if termination is contemplated, it’s important to understand the legal view of the employer-employee relationship. A wrongful termination claim can be …Read more
Joe is the president and sole owner of a corporation. He invested a lot of money into the company. His accountant told him that he’d get better tax treatment and pay a lot less taxes if he considered the money a loan to the company and took his “compensation” in the form of loan repayments …Read more
A business owner inquired whether he had to file bankruptcy for his corporation to avoid personal liability for the company’s debt, or whether there were other options to closing out the company. The company had few assets remaining, with a value of $20,000, and a tax debt for payroll taxes of $25,000, contributions due to …Read more