Going into business with a partner is a lot like getting married. You will go into it enthusiastically and optimistic that your business will be a total success and will last forever.
There are all sorts of obligations that people may have to take into consideration when it comes to commercial real estate transactions Aside from the details of a contract and handling a dispute, some people face challenges over tax matters. Commercial property owners may have to pay income taxes as well as property taxes and these important aspects of commercial real estate ownership should not be overlooked since the consequences for failing to pay taxes properly can be significant. We also understand how commercial property owners across New York may have many other obligations on their plate and that daily life can be quite stressful.
Being taken to court as a business owner can be challenging for many reasons, and we have written about this extensively on our blog. However, it can be particularly hard for business owners under certain circumstances, such as personal health issues or marital problems. Moreover, certain times of year can make litigation particularly challenging, such as the holiday season. With Halloween coming up and a handful of holidays thereafter, it may be particularly important to focus on how you will handle litigation during the holiday season if you suspect that you will find yourself in the courtroom.
We know how challenging it can be to launch a business and make key decisions for your company. Other business-related issues can cause a great deal of stress as well, such as mergers and acquisitions. If you are considering a merger, or have already started the process, it is very important to make sure that you prepare properly. For example, you should go over the process and get answers to any questions that you have. With such a potentially complicated transaction, it is crucial to have a solid understanding of your options before moving ahead.
Without laws protecting content, anyone in New York might be able to profit off the name and brand recognition that others have worked hard to build. While the actual damage done by intellectual property theft might seem to be difficult to notice in the immediate, a "big picture" assessment of the matter may reveal how multiply parties trying to use the same content could "water down" and devalue an image or icon. Such a devaluation might only affect the image's creator, who made the investment in creation, as opposed to others who never made any sacrifices towards its development.
In many of our posts, we have approached business law from the perspective of a business owner whose company has been treated unfairly in one way or another. However, there are also times when a more defensive approach may be necessary. For example, you may own a company that is being taken to court over allegations of trade secret infringement. This can be a very unnerving experience and some business owners who have never found themselves in this position before may be completely unsure of how to handle the situation. However, this is no time to be unprepared.