Apr 10, 2017 | Corporation, Cybersecurity, data security, Employment, hacking, information security
The weakest link: employees, not technology, are the cause of most hacks When most people think of cyberattacks, they think of some hacker sitting in a dark room, probing a company’s network for ways to break in. While that still happens, more and more often...
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 17, 2016 | Agreements, Contract, Corporation
The Indemnification Provision In this blog post I want to discuss a provision that is in many contracts, but is easy to skip over. This is the indemnification provision. Indemnification is a big topic, far too big to discuss in detail in a blog post. However, I...
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....
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...
