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...
When you are starting a business, you have many concerns. However, after the business is formed and operating, you might begin to question how best to manage your private business. One question you might face it to whether it should be closely held or not. What is a...
The limited liability company, or LLC, is a popular legal format because, unlike a sole proprietorship, it gives the owners some protection from liability for the company's debts. And, compared to a corporation, starting and managing an LLC entails fewer legal...
As a small business owner, you might take pride in the strength of your word. In fact, you may even rest your business dealings upon it. But when the other party to your agreement fails to uphold their end of the bargain, you can be left holding the bag, which can...