Commercial Law Lawyers in the USA
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Commercial Law Lawyers USA - Recent Legal Articles
- Planned Obsolescence - Shouldn't Be an Offense Punishable like Any Deception
Planned obsolescence occurs when a product designer creates a design that is meant to phase out after a certain period of time. This makes the product have a lifespan of a limited duration, often influencing consumers to upgrade to a more expensive model. Many times, the product fizzles out just after the warranty period.
- Georgia Court of Appeals Decides Against Material Supplier
A recent decision by the Georgia Court of Appeals has given homeowners loop-hole against lien claims as the lien claimant's summary judgment against the homeowner was reversed.
- Business Ownership in the Family
Family owned businesses may thrive over multiple generations. To have lasting success, the family owned business needs to transition ownership from generation to generation. To preserve family harmony and maintain a healthy business, it may be best to transition ownership to family members that are active participants in the business, while allowing non-active family members an opportunity to “cash out” and direct their funds elsewhere as desired by their preferences.
- How to File a Mechanics and Materialmen's Lien in Georgia
Contractors and suppliers, whose labor, services, equipment or materials were used to improve real estate, may be entitled to file a claim of lien under the Georgia Mechanics and Materialman's Lien Statute if they are not paid. Navigating this law, however, can be difficult so we have put together this step-by-step guide to help you understand the complexities of Georgia's Lien Laws.
- Update your Credit Application Procedures Today
The recession has two valuable lessons for credit managers: First, even the best businesses can become significant credit risks, and, second, we have all had more practical experience in extending credit and collecting on past-due receivables. This article focuses on practical tips which credit managers can implement today to reduce the likelihood of nonpayment.
- How to Avoid Successor Liability When Buying a Business
It’s a nasty surprise to discover, after you’ve paid the purchase price for the business, that you must pay the seller’s debts and liabilities from before the closing.
- 20 Early Warning Signs Indicating Changes in Credit Profile
After a vendor extends credit, it is vital that the vendor continually monitor the debtor for changes in its credit profile in order to minimize the vendor's risk of nonpayment. The following list of 20 early warning indicators, will help you see the risk coming before it happens.
- Rules Change for Construction Arbitration
The American Arbitration Association offers new rules to reduce fees and speed the decision making process for the arbitration of construction claims between $75K and $5M.
- Always, Always, Always Read the Contract
Think about the last contract you signed. Did you know which sections were negotiable? Which provisions, with negotiated changes, could have enhanced the value received from the contract?
- Corporate Structure for a New Business
How to structure a new business venture focusing on small businesses that have only a few shareholders or partners. Four important issues for the structure of the business are share ownership, compensation, control rights, and lastly the shareholders’ exit from the business.