Aug 14, 2017 | Agreements, business attorney, Contract, Corporation, data security, Employment, Legal fees, LLC, Medium-sized business, Small business
What is an “outside general counsel” and what can one do for your company, besides save you money? Do you wish you could run legal and business issues past your lawyer whenever you need to, without worrying about getting billed for every call or email? Having a...
Dec 15, 2016 | Agreements, business attorney, Contract, Corporation, Limiting liability, Medium-sized business, Small business
Limitation of Liability In previous posts in this series, we talked about the “boilerplate” provisions that you see in many contracts. As we discussed, while these provisions may seem to be run-of-the-mill, they do have meaning and can affect the parties’...
Nov 9, 2016 | Agreements, business attorney, Contract, Corporation, Transactions
Paragraphs at end of contract In my last post we reviewed a number of provisions that are found in many commercial contracts. This post will define and discuss several more “boilerplate” provisions, as they can have an impact on your business relationships....
Nov 2, 2016 | Agreements, business attorney, Contract, Small business, Transactions
“Miscellaneous”, or “General” Provisions You’ve read and signed lots of contracts in your business, either your own company’s or ones sent by the other side to a transaction. Maybe you’ve been puzzled by those provisions that seem to be at the end of every contract,...
Oct 25, 2016 | business attorney, Corporation, Limiting liability, LLC, Small business, Startups
Your LLC needs a written operating agreement You have a great idea for a new business and have formed a limited liability company, an LLC. While corporations are required by state law to have bylaws, LLCs are not required to have written operating agreement. ...
Jul 18, 2016 | Acquisitions, Asset Purchase, business attorney, Contract, Corporation, Medium-sized business, Small business, Stock Acquisitions
Buyers versus Sellers In a recent post I outlined the features of the two main types of business acquisitions, stock and asset deals. To recap briefly, in a stock acquisition, the buyer purchases the stock of the company being acquired. In doing so the buyer takes...