Laws impacting general business transactions and contracts grow more complex and numerous every decade. A business deal that might have been completed with a handshake and a single-page contract in the 1980s may now require a reasonable amount of time dedicated to incorporating specific facts, protections and legal provisions to ensure you are protected and […]
For business owners and entrepreneurs, intellectual property (IP) including trademarks, copyrights and patents are often one of their most valuable assets. Unfortunately, modern communications technology has made it very easy to steal and disseminate IP, making it extremely important that a business that depends on the strength of that IP knows how to defend it. […]
Real estate has always ranked near the top of lucrative investments available in liberalized economies, with many of the wealthiest people in history making their fortune in buying, selling, and developing land. It’s also one of the most capital-intensive forms of investment, as the supply is inherently limited by the space available in urban settings […]
Over the past century, the laws, regulations, and rules governing how corporations can run their day-to-day operations have grown exponentially, making corporate compliance a fundamental aspect of modern business operations. Corporate compliance can be succinctly described as how a company ensures that it operates within the boundaries of the law and avoids damaging lawsuits, fees, […]
The ever-changing business landscape makes partnerships a go-to strategy for many entrepreneurs. However, just like marital relationships, business partnerships can either flourish or flounder. This blog aims to guide you through the legal intricacies of both setting up and terminating business partnerships. How you start and end a partnership can determine the company’s success in […]
In creating a new business, one of the most important decisions is how to legally structure it. A sole proprietorship is perhaps the simplest structure of business; the single owner reports the income and expenses of the business on their own personal tax return. However, the simplicity of an unincorporated business can be risky, as […]
A lending contract is a legally binding document between a borrower and lender. It is a credit agreement for mortgages, credit cards, car leases, and other types of loans. It is crucial to have clear terms in a lending contract to encourage both parties to act in each other’s best interests while fulfilling their own […]
Are you in dispute with someone you signed a contract with? One of the first things you need to determine is whether or not the contract will be considered an enforceable agreement under the law. Contracts commonly involve promises to do something (or stop doing something), but not all promises are contracts. So, how does […]
Does a release of liability exonerate contractors who have performed unpermitted work? When a client requests that a contractor perform unpermitted construction work, should the contractor and client mutually sign a release of liability for any claims related to unpermitted work? Will these hold up in court? Certain contract terms can limit liability exposure from […]
Suppose a buyer and seller have multiple separate contracts together, but the buyer has failed to pay for goods that have already been delivered. Is the seller obligated to deliver or fulfill future orders? Here is what you need to know about the Uniform Commercial Code and remedies for a contract breach. The Uniform Commercial […]