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- Importance of Negotiating Assignment Clauses in Commercial Lease Transactions
Commercial spaces may be difficult to obtain depending on the city where the businesses reside. Because of this, there are many different clauses in leases that deal with transactions, permitted activity on the land and various other concerns that often need the assistance of negotiation to resolve.
- How to Transfer Ownership in a Digital Business and Digital Assets
In the electronic age, there are many businesses upgrading to the digital and buying and selling digital assets. However, there are not as many that know how to transfer the ownership of a company primarily running on online products and services.
- Business Lawyer Assists with the Legal Creation of a Business
Creating a business through legal means is not difficult, but ensuring the contracts and other documents are valid with clear wording and concise terms may be complicated without the use of a business lawyer.
- Essential Clauses in a Founder’s Agreement
When a new enterprise is launched, it is critical for the future success of the business for the founders to have a clear agreement in place. This agreement should focus on key issues that are critical to the ability of the founders to safeguard the future of the business and to raise money to support the business during its growing period. Clauses in an effective founder’s agreement should thoroughly discuss the following topics:
- Early Lease Termination Agreements: Economic Considerations for Landlords and Distressed Tenants
A small business has leased commercial space, encountered economic difficulties, and can no longer afford the lease payments. In some cases, the business is out in front of the problem, seeking to work with the landlord prior to a payment default. In other cases, the business is already behind on its rental obligations, and possibly facing a legal action for eviction.
- Business Lawyer Fees and Costs: How to Structure Them for Your Business
Legal expenses can sometimes signify an expensive line item for businesses. This is especially true when the business was not expecting to have to pay a lawyer. Structuring legal fees in a way that fits the needs of the business relies on understanding how legal fees are assessed and the needs of the business.
- IT Services Agreements: Liability of Outsourced IT Services
Over the years, technological advances have allowed many companies to outsource much of the creation, maintenance and support of their information technology (“IT”) systems. Today, there are many IT service providers providing managed network services, hosted services, cloud-based services and software-as-a-service.
- Shareholder Rights Against a Director
Some directors in a company start actions that are in opposition of what shareholders want. These decisions may take the business in a direction that is not what may be considered best for transactions, the value of the organization and to accrue revenue.
- Start-Ups: Big Legal Mistakes to Avoid
When starting a new business, there are many mistakes that are made by the owners or partners that may be avoided with the knowledge of what not to do. It is important to research these processes, contact others that have started a company to determine how to prevent pitfalls from affecting the new startup and retain the services of a business lawyer to ensure paperwork is valid.
- Purchasing a Business: Some Liabilities May Not Be Evident
There are many ways in which to purchase a business. These may be through mergers, acquisitions and even purchasing the controlling stock of the company to become the majority shareholder. No matter which manner it is has been purchased in, there are several forms of liability that may not be obvious to those that have bought the company.