If you’re embroiled in a business dispute, the pressure to act quickly can be intense. It’s understandable, especially when there’s so much on the line, and every delay can feel like it’s making the problem worse. However, you shouldn’t rush to file a lawsuit or make...
Intellectual property violations, such as trademark violations, can have a major economic impact. They can cause financial harm to small businesses, corporations and entire industries. The most direct example is lost revenue for the company whose rights have been...
In recent years, we’ve seen everyone from company CEOs to intellectual leaders to mid-level employees become embroiled in some type of scandal due to bad behavior. Whether it’s an executive caught up in a sex scandal or someone down the corporate ladder saying or...
One common reason for business litigation is when contracts are breached. Some parties will try other steps before litigating. For instance, it could just be a communication issue, so they may reach out to the other party to find out if there is a problem. Even if...
It is common for people to feel eager about partnership opportunities as they develop a business plan together. In some cases, they let their excitement override their better judgment at the beginning of a partnership. Instead of protecting themselves, they rush...
When someone uses your trademark or other intellectual property (IP) without permission, the impact can be immediate and unsettling. You might notice lost sales, confused customers or damage to the reputation you worked so hard to build. If efforts to stop the...
A buy-sell agreement is a legally binding agreement between business owners that outlines what happens to a co-owner’s interests if they pass away, become incapacitated or exit the company. Think of it as a safety net for a smooth transition. Despite their importance,...
As a business owner, protecting your intellectual property is important to you. The IP that you control can help set your brand apart and give you an edge in the market. For many companies, the entire business revolves around a specific type of IP that helps them...
Starting a limited liability company (LLC) can be a great way to pursue your dream of setting up a business. This option offers benefits, but the most notable one is shielding your personal assets from your company’s liabilities. But here is the cold, hard truth: your...
In New York, majority owners of closely held corporations owe a fiduciary duty to minority shareholders. You may face situations where those in control use their power to push you out or strip your investment of its value. This practice, often called a "squeeze-out"...