Many closely held businesses in the New York City area are owned by members of the same family or friends who have known each other for a long time. It is a hard fact of life that even when owners are related, conflict between them can tear a closely held business...
Business litigation scares even the savviest businesses owners. Why? Because, quite literally, business owners could lose their business, either through bankruptcy due to an extremely large judgment or through receivership. And, what some business owners may not know...
Finding available cash for expansion or current operating expenses is a constant challenge for many businesses, especially smaller start-up companies. Some small enterprises have rejected common financing schemes, such as secured loans, in favor of cash advance...
Many businesses in the New York City area rely on secrecy or confidentiality to protect their business secrets. Two types of agreements are used to accomplish this end: non-compete agreements (NCA) and non-disclosure agreements (NDA). NCAs are used to prevent key...
If you legally own intellectual property, licensing may be a great way to grow your brand and business. By licensing your trademark or copyright to a third party, you grant them the right to use your intellectual property while still maintaining ownership rights. What...
Many individuals decide to incorporate their business to protect themselves against liability. Unfortunately, this strategy can fail if the business owners fail do not pay attention to the corporate formalities, they may lose the protection of the corporate form....
The creation and dissolution of a business can be compared to a marital union. Much like a marriage takes effort and planning, especially when it comes to important details relating to finances, a business needs to be formed with a business plan and financial planning...
A contract dispute can leave your business facing several risks. An allegation of breach can not only threaten your bottom line, but it can also damage your business’s reputation. Together, the losses can be significant, and it may take you a long time to rebuild if...
Artists, authors, musicians, photographers and others in New York create various works in their careers. These are original works that people put a lot of time and effort into creating and in many situations, want the world to experience them. However, as it is often...
New York is home to Broadway musicals, the scene of many movies in production, artistic works in one of the city’s many museums, literary works and feats of architecture. What do all these things have in common? It is that they are all likely protected by copyright....