Buying a New York business involves many steps, legal considerations and documents. I think almost anyone would be well advised to seek the help of a New York business attorney to make the purchase successful and legally sound. This post is designed to give you an overview of my usual involvement in the process of […]
You may have signed a contract for your small business that you really shouldn’t have. Or you are being asked to perform under an agreement and just think that such demand is not what you agreed to or just grossly unfair. Is there any way to get out of that contract or that specific […]
This may come as a surprise to many LLC members and managers: keeping certain records is required under the LLC laws. You have an obligation to keep proper records under §1102 of the New York Limited Liability Company Laws. Specifically, you must maintain the following records: – if your LLC has managers, a list of […]
A business break-up can be as stressful and emotionally draining as the breakup of a marriage. And there is always a child involved….the business. So when your business partnership has gone bad, you really want to find out where you are standing and what rights you may have vis a vis the other business partners and the business.
I wish every small business that all its clients and customers always pay what is owed. Unfortunately, we know this not to be true. At a certain point, all small businesses face the dilemma of either writing off an unpaid invoice or trying to collect it in court. But there are measures you can take […]
Nothing beats a Stock Certificate when you have to prove your ownership in a business corporation.
I am sure you have seen this or a similar contract clause before: "The Company's liability for damages, including incidental or consequential damages, is limited to the total compensation paid to the Company by Customer" In New York, it is perfectly fine to include such a clause in a contract among business people, with […]
You do not have to rely on the goodness of human kind alone, when going into business with other people. There are legal (agreements) and practical measures (business common sense) that you can take to make sure that your business investment in a limited liability company, corporation or other entity does not fall prey to […]
Let us help you with your New York LLC Formation! Call us to discuss your legal concerns and any other questions you may have about the process of forming a New York Limited Liability Company. We are not a paralegal service where you don’t get to speak to a real New York attorney. We are […]
As New York Business Divorce reports today, the lack of a shareholder agreement caused a New York widow of a dentist, who was practicing dentistry in a professional corporation, to be left with nothing. Despite the fact that the deceased dentist was a 75% shareholder in the dentist professional corporation and his widow had […]