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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...
Anyone who has bought a home knows that the seller and the buyer rarely agree on the price. But the banks often put their foot down, providing loans only for the appraisal price. It can be a few thousand dollars in the residential market, but the gaps can be much more...
One of the most important things to do when starting a partnership as your new business is to create an official partnership agreement. This is a binding contract that helps to define your company and your relationship as it gets off of the ground. For instance, it...
Publicly held corporations must regularly issue financial reports that accurately reflect the business's health. If litigation is on the horizon and could impact the bottom line, the company should include this information in its report. Failure to do it risks fines,...
To run a smooth and reputable business, you have to do everything in your power to limit risks. Yet, there’s only so much one person can do to protect their business. Clients, vendors, partners, employees and suppliers can take legal action against your business at...
Common charges pay for the upkeep, repairs, services, and amenities, so those dues are essential to the building's overall health. Nevertheless, condo owners sometimes fail to pay their common charges, perhaps due to a lack of funds, different priorities, a...
Most municipalities have some level of zoning and land use laws. These were created to foster organized growth in a community, ensuring that warehouses with truck traffic are located in the middle of a bedroom community. Grouping similar types of buildings in a...
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...
There are many different types of law, but the two main branches are criminal law and civil law. Criminal law involves misdemeanor and felony charges with penalties issued to those convicted. Civil law is different – instead of jail sentences, the plaintiff and...