Family business owners have an obligation to their stakeholders to ensure that they have an appropriate business succession plan. Among the many responsibilities a business owner has in leading an organization, one of them is to plan for the future succession of the...
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Firm News
Preventing Unfair Trade Practices
Businesses must abide by certain laws in order to operate in the United States. Businesses that engage in practices that deceive, defraud, or in some way injure their customers can face severe penalties and open themselves up to legal action. Having policies in place...
Insurance Coverage for Construction Claims in Pennsylvania
Recently, a plaintiff in Brayman Construction Corp. v. Westfield Ins. Co., Inc. brought a claim against Westfield Insurance Company (“Westfield”) for breach of contract and insurance bad faith. In response, Westfield filed a Motion to Dismiss the Complaint arguing...
Benefits of an S Corp
Starting a business is an exciting endeavor, but it also comes with a lot of uncertainty. Business owners want to be sure that they have structured their company in the most efficient way and taken advantage of all the opportunities available to them. Establishing an...
SeaWorld Corporate Lawyer Pleads Guilty to Insider Trading
A former SeaWorld executive pleaded guilty to insider trading in Orlando federal court in April. He used information about SeaWorld’s earnings to make a large, profitable trade in the summer 2018. The United States Securities and Exchange Commission (SEC) investigated...
State Bill Aims to Afford Better Protection of Homeowners with Construction Regulations
Recently, in response to an onslaught of claims by Pennsylvania homeowners for defects in their homes, state senators have introduced a bill aimed at further regulating new home construction. Experts have labeled Pennsylvania as the epicenter of construction defects...
Substantial Completion and Statute of Limitation in Construction Defect Cases
For most people, a home is the biggest investment they will ever make, and for many, it is also the place where their retirement years will be spent. When a home turns out to have a defect it can substantially impact the value of the investment as well as leave the...
How to End Business Partnership Via Dissolution and Termination
Many businesses that have more than one owner tend to be in a partnership. A business can enter into a formal partnership or remain a partnership informally. It is recommended that business partnerships enter into specific agreements regarding how they operate and...
Spotify and Apple Antitrust Claim
Swedish audio streaming platform Spotify is the latest company to file an antitrust claim against technology giant, Apple, based on its alleged unfair business practices. Spotify and Apple Music are two major players in the music streaming industry, which allows music...
Protection of Intellectual Property From Infringement
Intellectual property rights are rights in intangibles such as lyrics, writings, inventions, recipes and identifying marks. The holder of the rights can exclude others from using, selling or making the item that is the subject of the property right. Infringement of...