Most savvy business leaders in New York City and the surrounding communities know that litigating a dispute with another business is both costly and risky. Taking a court case all the way to trial can cost well into six or even seven figures. These costs do not...
It may have taken some time to assess your business needs and goals; however, you finally arrived at the conclusion that your best business structure is a Limited Liability Company, or LLC. When compared to major corporations, your LLC may appear small and simple, but...
When you’re starting a business, you don’t want to think about how it will end. Nevertheless, it is an essential consideration when creating a business. The future brings many unknowns, making it vital to consider the need to dissolve the business or transfer the...
Some business owners are unaware or dismissive of the importance of getting a federally protected trademark, patent or copyright. This is a misstep that can cost them in myriad ways. It can even lead to them not being adequately compensated for their work. That might...
Excitement is definitely warranted when you are thinking about starting a business in New York. Entrepreneurs with good ideas and the ability to work hard toward their goals may be uniquely suited to gain success. But, you have to start somewhere. The legal process of...
When you enter into a contract, you engage in bartered exchange. For the contract to be legally binding, then, there must be a meeting of the minds. But what happens when the other side seemingly tricks you into agreeing to a contract that turns out to be based on...
Many New York businesses are organized as partnerships. This is an effective strategy for running a business in several ways. It can let individuals of different backgrounds and skill sets work together to advance in ways they otherwise would not be able to; it can...
For businesses that have intellectual property (and all businesses do), your copyrighted material is protected by law, even in the Wild West of the Internet. The Digital Millennium Copyright Act is a pivotal piece of legislation that governs the relationship between...
When starting a business or joining a business venture as a partner, there are numerous factors you need to consider. Business planning and formation are crucial to the beginning phase of the company; however, the documents drafted and contracts created at the start...
A cease-and-desist letter is a formal legal document that demands the recipient stop engaging in a specific unlawful or improper activity. These letters are commonly used in response to trademark or copyright infringement, but can also address issues such as...