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Disputes among business shareholders may be unavoidable. These disagreements happen for various reasons, such as profit distribution, company direction or management decisions. A fair and reasonable solution should be the desired outcome, but it can take a lot of...
Shareholders have their reasons for investing in companies. Typically, they hope to make money, believe in the public company's products, and trust the corporate leadership to perform their duties. Buying ownership in the company also gains legal rights and...
President Joe Biden signed the Consolidated Appropriations Act of 2023. The 1.7 trillion spending bill covered much ground, including a policy rider to the Securities Exchange Act of 1934. This new exemption was drafted to better facilitate change of control...
The FTC recently made national news when it publicly proposed an end to nearly all non-compete agreements. These clauses are currently part of an estimated 30 million employment contracts (18% of the U.S. workforce). Advocates for businesses responded quickly and...
Business partnerships are much like a marriage, especially when there are two co-owners. Regardless of how many partners there are, the others should generally try to support the one going through a divorce. Depending upon their marital arrangement and the business's...
Larger companies may have a legal department on staff, but it often makes sense for businesses of all sizes to hire attorneys outside the company. For large companies, outsourcing allows departments to reduce costs or increase flexibility. Smaller companies often have...
Those who breach a contract often leave the other non-breaching party in a difficult position. It can involve financial loss, liability or other complications. However, if the contract had a specific performance clause included in a valid contract, the breaching party...
In July of 2021, President Joe Biden instructed the Federal Trade Commission (FTC) to investigate the abuse of non-compete clauses and other clauses that unfairly prevent workers from seeking other employment opportunities. One year later, the FTC is moving beyond...
Real estate has been incredibly trendy in recent years. Just about everyone wants multi-use buildings. Millennials are renting at higher percentages for longer periods than past generations. Many fled the suburbs for city living. Many fled the city, looking for more...
The pandemic has impacted us personally in so many ways over the last few years. But, it has also changed the way that companies conduct business. For decades, big-box stores have been economic cornerstones in suburban and rural communities. Things have shifted to a...