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The Business Divorce Part I: The “Friendly” Split

Perhaps you’ve been buddies since high school or college; or maybe mutual interests or kinship brought you together. Over the years you entered into a joint venture (whether as a partnership, an LLC or a corporation). But now, for whatever reason you and your business partner have decided to part ways. Assuming you’ve agreed that […]

Construction Claims – Some Powerful Tools

The purpose of this guide is to briefly address some of the legal issues and tools pertaining to a breach of a construction contract. This is not an all-inclusive list but a very good start for any construction company looking to collect or enforce a debt, foreclose on a lien, or assert any other contractual […]

Need to Vacate a Default Judgment?

Many of my clients come to me after they have failed to answer the Summons and Complaint in time. They’re trying to vacate (undo) the default judgment and they’re often frantic about the consequences should they fail. I’d like to tell you that it’s a no-brainer process. It isn’t. It is usually extremely facts and […]

Tips on Setting Goals for Your Business

Setting business goals is an integral and crucial aspect of financial success for any business. It’s a critical part of business planning. It is important that you set both short term and long term goals. Here we set forth a basic guide for goal setting. First, set realistic goals. Goals should be or represent solutions […]

Is Your Proprietary Information safe?

One could argue that a company’s intellectual/proprietary property walks out the door every day when its employees leave the building. The information that is entrusted to a company’s employees is its lifeblood. All too often, however, start-up companies and small businesses often do not do enough to protect their intellectual property and customer goodwill after […]

The Basics of a Business Break-up

Splitting up from your business partner is discussed in a few other posts on this website. First, we discuss the friendly break up, then we address some of the aspects of the not-so-friendly divorce. The following is another look at your options for either splitting with your business partner or leaving the business altogether. These […]

Construction Contracts: Some Basics

Not all construction contracts are created equal. That’s because every construction project is different. There are however two underlying themes (which arguably are necessarily intertwined) from the attorney’s perspective and that is (a) proper risk allocation and of course, (b) getting paid. However, before allocating risk one must first understand the specific risks in the given project. […]