Business and Industry Law Articles

Articles written by lawyers and expert witnesses worldwide
explaining the different aspects of Business and Industry.

Company Managers on the Blacklist in Hungary

  June 13, 2017     By Jalsovszky Law Firm
Many people could be in for a nasty surprise when trying to set up a company: the company court refuses to register the majority owner or...
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Britain’s Businesses Must Start Planning for Brexit

  June 12, 2017     By Giambrone Law
The think-tank Resolution Foundation commissioned a survey to clarify the preparedness of British business for the radical changes that Brexit...

China Solicits Opinions Concerning Exportation of Personal Information and Important Data

  June 12, 2017     By MMLC Group
As China's new Cyber Law kicks off, multinationals are turning their attention to compliance issues, including data transfer issues. This...

Breach of Duty by an Agency and Resolution

  By HG.org
Agencies often owe a duty of care to clients or customers, and there is usually some form of contract drafted and signed between businesses in...

Is There a Way to Have a Designated Law Firm as a Small Business without a High Retainer Fee?

  By HG.org
Small businesses may run into legal problems from time to time. They may need help with their startup filings, as well as need advice after they...

Apostille and the Hague Convention

  June 8, 2017     By Erdem Topak Law Office
The Hague Convention Abolishing the Requirement for Legalization for Foreign Public Documents (“Hague Convention”) is an international treaty,...

What Is Civil Litigation?

  June 7, 2017     By JGPC Business & Corporate Law
Disputes and disagreements are commonplace in the business world, and civil litigation is one method whereby these disputes and disagreements...

Making Timely Arrangements for Business Succession in Germany

  June 7, 2017     By GRP Rainer LLP
The demographic trend poses a serious challenge to medium-sized businesses, particularly in relation to the unavoidable issue of making...

Considering Purchasing a Franchise in California?

  June 7, 2017     By JGPC Business & Corporate Law
Get Your Franchise Lawyer Involved Early.

Myths and Realities of Panamanian Corporations

  June 7, 2017     By Icaza, Gonzalez-Ruiz & Aleman
Some have come across diverse and perhaps incompatible information on the legal framework regarding the creation of corporations and private...

Economic Damages of an Employee Reselling Company Products

  By HG.org
Many employees are able to purchase products at their places of employment and then resell them at a higher price or without the discount they...

Third Party Funding for Arbitration - The Hong Kong Version?

  June 6, 2017     By Angela Wang & Co.
A Third Party Funder in international commercial arbitration finances part or all of the cost of the proceedings in return for a remuneration...

All You Need to Know for Foreigners Doing Business in Ghana (GIPC Requirements)

  June 6, 2017     By Swiftlaw
As a foreigner intending to establish a business in Ghana, you may be confronted with varied and sometimes conflicting information on what the...

Avoiding Expensive Lawsuits in Small Business Transactions

  By HG.org
Small business transactions can sometimes morph into serious and significant lawsuits. Fortunately for small business owners, there are...

Liquidation of Entities in Egypt

  June 5, 2017     By Youssry Saleh Law Firm
The liquidation of companies in Egypt is governed by the Egyptian Companies Law. No. 159/1981[1], the law governs all the aspects of the...

How Small Businesses Can Afford Legal Counsel

  June 5, 2017     By Kohler Legal - A Business & IP Law Firm
With limited capital at the start of a business, hiring a lawyer can be a daunting prospect, and is commonly perceived as being too expensive,...

How Revenue is Accrued without Products or Services

  By HG.org
Revenue is the backbone of any company. Without accruing money, the business will fail unless it is in the game for other means. Some...

Does My Business Really Need An Attorney On Retainer?

  June 2, 2017     By The Posey Law Firm, PC
Have you ever heard the old saying, "an ounce of prevention is worth a pound of cure"? That is exactly why every business should have a law firm...

3 HR Areas an Attorney Strengthens in Business

  June 2, 2017     By The Posey Law Firm, PC
There is no doubt that the current state of politics is affecting the mood of the entire country. Many social justice and human rights issues...

9 Tips for a Successful Deposition

  June 2, 2017     By Riley Bennett & Egloff, LLP
So you received a Notice of Deposition. What is a deposition and what does that mean for you, the witness? A deposition is the legal term for a...

Expert Witness Explains Small Business Litigation with Big Business Economic Damages

  By HG.org
Small businesses operate under the fear that they will one day be sued. Today, someone can sue a company for nearly anything. Even if the...

Preserving Your Assets after Disclosing Them

  By HG.org
Disclosure of assets is usually necessary when in a court case where the information has been required as per the situation. However, protecting...

Pre-formulated Tie-in Clause in Employment Contract for Managing Director

  June 1, 2017     By GRP Rainer LLP
According to a ruling of the Oberlandesgericht (OLG) Karlsruhe [Higher Regional Court of Karlsruhe], clauses in an employment contract for a...

Tax Professionals Report More Audits as Stricter IRS Deadlines Approach

  May 31, 2017     By Brown, PC
The tax code is incredibly complicated and intricate. Even when a business or an individual intends to be in compliance with tax requirements,...

When Misleading Advertising Causes a Deal to Fall Through

  By HG.org
Some companies advertise products or services in a way that is considered false. This means that what is proposed by the business to the public...

Can an Owner Refuse to Continue a Profit-Sharing Agreement Due to Expiring Lease?

  By HG.org
Some business owners agree to a contractual obligation of profit-sharing when the circumstances are just right. However, knowing what to do when...

Exceptional Notice of Dismissal Effective if There Is Video Evidence in Germany

  May 30, 2017     By GRP Rainer LLP
Even covert video footage can potentially justify exceptional notice of dismissal. That was the verdict of the Bundesarbeitsgericht (BAG),...

Can an Employer Make Me Pay for Damages to Other Vehicle?

  By HG.org
Employment contracts are often complicated with wording that appears to be tricky or difficult to understand. Most persons that are hired sign...

What Are You Agreeing to When You Shop Online?

  May 25, 2017     By Mann Law Firm
Shopping online is big business, projected to surpass $3.5 trillion by 2020. Although China spends far and away more money in e-commerce than...

Business Contracts: Which Need to Be in Writing and Which May be Oral

  By HG.org
The need for business contract is obvious to anyone that works in the commercial world. These may be used for a variety of reasons, but some of...

Incorporate a Company in Sri Lanka

Establishment of an Entity in Sri Lanka: Sri Lanka is ranked highly among the South Asian countries that offer ease in terms of establishing an...

Takeovers and Mergers in Sri Lanka

In Sri Lanka, the administration of the Company Takeovers and Mergers Code (Code) is the function of the Sri Lankan Securities & Exchange...

Winding Up of a Limited Liability Company in Sri Lanka

Companies may be wound up in accordance with the provisions of the Companies Act and the Companies Winding up Rues. Winding up of a company may...

3 Common Mistakes in Contract Law & How to Prevent Them

Have you ever wondered what is a mistake in contract law and what does it imply? A mistake in contract law is an erroneous meaning of words or...

How a Corporate Attorney Can Help You Negotiate Master Service Agreements

Do you feel like you waste time developing new contracts for the same services, or worry that you're exposing your business to risks because you...

Why Testimony of an Expert Witness Aids in Business Transactions between Companies

  By HG.org
Business transactions between companies are often complicated due to the amount of information that must be passed back and forth between them....

ESOP (Employee Share Ownership Programme): The Latest Craze in Hungary

ESOP (Employee Share Ownership Programme) entities have been springing up like mushrooms in Hungary since last year, and the acronym itself has...

The Necessary Steps to Remove the Owner of a Corporation When Revenue Falls

  By HG.org
One common reason to remove an owner or shareholder from a corporation is because he or she is not providing an adequate profit for the...

Purchase of Further Tax CDs Possible – Voluntary Disclosure for Tax Evasion in Germany

Since 2010, the German exchequer has reeled in a nationwide total of around six billion euros by way of voluntary declarations for tax evasion....

When Co-Owners Split, Disaster Strikes

  By HG.org
Just like with married couples, many businesses decide to get a “divorce.” However, in this instance getting a divorce may mean the end of an...

Can My Lawyer Refuse to Continue with My Case Unless I Pay in Full?

  By HG.org
Sometimes during the middle of representation, a lawyer and client may reach an impasse due to billing issues. In some cases, a lawyer may be...

How to Remedy Business Fraud with the Help of an Expert Witness

  By HG.org
Business processes are often difficult to analyze and understand in a court room for the average person. Numerous complicated cases are...

Is a Surrogacy Contract Valid in the U.S. or Abroad?

  By HG.org
Surrogacy contracts are often complicated to enforce. There are many terms that protect the mother until she gives her rights away.

Reform of Law Governing Challenges to Debtor’s Transactions in Insolvency Proceedings in Germany

The reform of insolvency law is meant to bolster the rights of creditors in the event that a business partner becomes insolvent as well as...

M&A in Germany - Initial Guidance for Foreign Investors

Germany is a premier destination for foreign investments. There are almost no regulatory restrictions for the acquisition of domestic companies,...

Preparing for the Second Round of Startup Funding in Israel

Funding your startup company is an inexact science. The first round of funding helps get your company established, but often leads to a...

Ten Golden Tips for Distribution Agreements in Israel

Distributors, agents, resellers and OEM partners all share the same commercial function of selling goods to end users. Thus, although there are...

How to Lose Personal Liability Protection in Your Business

  By HG.org
There are many forms of liability protection available to businesses, but there are numerous actions and activity that may lead to a loss of...

False or Deceptive Competitor Advertising Hurting Your Bottom Line?

There are resources and options available for business owners when competitors undercut pricing by selling inferior goods or services.

Legal Reasons Why a 50/50 Partnership Split Should be Avoided

  By HG.org
Partnerships are complicated relationships that often cause conflict without contracts and agreements explaining obligations and...

Reasons for Outsourcing Legal Services

Today, many organizations are seeking ways to reduce their operating costs as they consider how effectively they can manage their core...

The Importance of Reviewing Your Employee Handbook

There are many good reasons why you would want to ask a lawyer to review your company's employee handbook before you hand it out to your...

Why Just a Handshake Is Not Enough in Business Contracts

  By HG.org
When someone makes a deal in a business, it usually requires the backup of a drafted contract that is signed by all involved parties. This...

Business Incorporation in Egypt

Foreign enterprises wishing to conduct business in Egypt may enter the Egyptian market by establishing a permanent legal structure. Foreign...

What to Include in Corporate Minutes

  By HG.org
When a corporation has meetings between members of the management, owners, partners or shareholders, there are often requirements that these...

Role of General Counsel in Business

General Counsel is a vital role in any type of business, even if one were to focus only on the core legal deliverables: helping to protect the...

Business Start-up 2017 - How to Launch your Business with Italy

There are many reasons why a person or group of people choose to start their own business, from a passionate belief in your new innovation,...

An Introduction to the Davis-Bacon Act

Contractors working on Federal Projects typically must meet minimum wage requirements. Sometimes, the prevailing wages on Federal projects are...

Difference in Proactive and Reactive Commercial Lawyers

  By HG.org
Safety and the wellbeing of workers is often one of the most important aspects of protecting employees while they are in the workplace. This...

VAT and Selective Tax in Saudi Arabia

Recently, some questions and discussions have been raised on the Saudi street as well as through the audio and visual media on the decision of...

Protect Your Business With Succession Planning

Starting a new business is exciting and most of us hope that our business will thrive even if we are not at the helm. Too often however, we...

Doing Business and Collecting Debts in Hungary

  By Bierens
Should you have outstanding debts in Hungary or should you plan to do business in the country, there are a few things you might want to consider...

Social Media Policy: A “Must Have” for Your Business

  By HG.org
The various forms of social media have proven to be a boon and essential for the business campaigns of the electronic an internet age.

Do Investors in My Small Business Have the Right to Take Over and Issue Shares Without My Permission?

  By HG.org
Many small businesses provide the ability for the business to have shares issued. These shares help provide the financial backing that a...

Expert Witness: Business Owner Conflicts with Shareholders

  By HG.org
Conflicts between business owners and shareholders are not uncommon. The duties and direction between these two groups are often opposing. These...

Family Emergencies In Your Business: How FMLA Affects You

If you've just started a new business, there's a chance you've heard of FMLA and wonder how it affects your business. This important legal...

Notes from Practice: Pledge Termination in Kazakhstan

When handling client consultation on Kazakhstan law matters, we frequently face situations where, in approaching public bodies for registration...

Specific Business Tax in Thailand

Specific Business Tax (SBT), under the Revenue Code of Thailand, is one type of tax applicable to operators of real estate businesses.

Expert Witness and Breach of Contract Problems

  By HG.org
Expert witnesses may be retained for various legal issues. One such issue is when there is a breach of contract.

Importance of Clauses for Lawyers’ Fees in a Service Provider’s Contract

  By HG.org
When drafting a contract that requires the hiring of a lawyer, it is vital that the fees associated with the legal expert are detailed and fully...

Breach of Competition Law Due to Lack of Labelling on Energy Consumption in Germany

Electronic appliances that can be seen on display but lack labelling on energy consumption constitute a violation of competition law. That was...

Importance of Negotiating Assignment Clauses in Commercial Lease Transactions

  By HG.org
Commercial spaces may be difficult to obtain depending on the city where the businesses reside. Because of this, there are many different...

Business Lawyer Assists with the Legal Creation of a Business

  By HG.org
Creating a business through legal means is not difficult, but ensuring the contracts and other documents are valid with clear wording and...

How to Transfer Ownership in a Digital Business and Digital Assets

  By HG.org
In the electronic age, there are many businesses upgrading to the digital and buying and selling digital assets. However, there are not as many...

Is It Possible to Sue When Return on Investment Does Not Materialize?

  By HG.org
When someone has invested in a luxury hotel, there are many factors to consider before progressing to litigation. Some return on investment may...

Protecting Your Entrepreneurial Vision: Legal Steps

  By HG.org
Protecting the idea behind a possible revenue stream is often difficult in the electronic age with so much video recording, data capturing and...

Software Patents and Alice in the Looking Glass

The public tends to believe the purpose of the Patent Office is to issue patents. The facts paint a different conclusion.

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...

Most Common Legal Aspects Affecting Ex-Patriate Workers in Colombia

Foreign companies establish their presence in Colombia, and most of the times the first thing they do is, send a trusted directive to oversee...

General Legal Services and How They Prevent Expensive Litigation

Every small business' worst nightmare is being sued for big bucks. However, there are proactive steps that every business owner can take to make...

Essential Clauses in a Founder’s Agreement

  By HG.org
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....

Ways to Minimize Risk When Bringing a New Product to Market

  By HG.org
It is essential when creating a concept for a new product that will be placed on the market to minimize risks that may affect acquiring a...

Business Lawyer Explains Special Considerations when Terminating Employees

  By HG.org
There are a number of laws and regulations in place that protect employees from unlawful and unwarranted termination. Because of these, it is...

Purchasing a Business: Some Liabilities May Not Be Evident

  By HG.org
There are many ways in which to purchase a business. These may be through mergers, acquisitions and even purchasing the controlling stock of the...

Business Lawyer Fees and Costs: How to Structure Them for Your Business

  By HG.org
Legal expenses can sometimes signify an expensive line item for businesses. This is especially true when the business was not expecting to have...

When Large Medical Groups Acquire Small Physician Practices – Legal and Economic Structure

A trend in the medical marketplace is for big group multi-specialty medical practices to buy up small practices, and integrate them into the big...

When a Buy-Sell Clause May be Triggered

  By HG.org
Buy-sell agreements are integral to contracts, various agreements and documents necessary in businesses either during the run of the company or...

Legal Ways to Sustain Your Brand’s Value

  By HG.org
In the business world, a brand is often one of the most important aspects a company has when being viewed and spoken about by consumers. The...

Spousal Entitlement to Business Interests

  By HG.org
During a divorce, there may be many assets that affect both partners. These assets may have been accumulated during the marriage and may be...

Ban on Bars Along Highways – No Disparity with Government Policy in India

The Supreme Court (SC) declared a ban on liquor outlets at a distance of 500 m. from state and national highways. This step taken by the SC met...

Problems with not Paying Employees Properly

  By HG.org
It is important to understand that a fair wage for work is important. As the middle class is shrinking more with each passing year, money is...

Business Law Lawyer: Limited Time to Respond to a Civil Lawsuit

  By HG.org
When someone is affected by a lawsuit, he or she may only have so much time to react. This means that after a letter or summons to the court has...

Expert Witness Uses Formulas to Evaluate Lost Profits

  By HG.org
There are times when a company loses profits through an incident caused by an individual. This often leads to injury to the company or someone...

Why You Need a Buy-Sell Agreement

  By HG.org
There are many types of agreements needed when running, creating and ending a business. These are often needed initially, but they may be...

The Best Reasons Why You Should Hire a Private Investigator

  By HG.org
A private investigator is often useful for a number or reasons, but when a case or claim is necessary in a court of law, these professionals are...

Benefits of Using a C-Corporation Formation

  By HG.org
The use of a C corporation is the most common and provides potentially unlimited possible growth with the use of stock and various other means....

Role of Employee Handbooks in At-Will Employment

  By HG.org
The employee handbook is usually one of the first things a new worker receives after he or she is inducted into the training program in a...

Importance of Written Operating Agreements

  By HG.org
Businesses run well when there is a written operating agreement in place that explains various aspects of the company and how it should be...

Can My Landlord Terminate My Lease if I Posted a Bad Review of the Apartment?

  By HG.org
Landlords draft a lease agreement with tenants in usual standard terms. However, these agreements may be altered upon the termination of the...

Secret Weapons of Private Investigators

  By HG.org
Private investigators are need for a variety of reasons, but they often have secret weapons they are able to employ in research, surveillance...


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