Creating a new business in New York is an exciting venture, with countless considerations and tasks to complete. One of the fundamental aspects to address is the preparation of employment contracts. These agreements serve as the foundation of employer-employee...
An organization must carefully weigh how it handles an internal problem because the outcome could have long-ranging consequences. One study found that the average public relations crisis led to a 15% decrease in a company's stock value over a year. In many cases, the...
Trade secrets remain critical areas of concern for companies running operations in New York. When a business invests in anything designed to help it overcome competition and maintain a strong foothold in the market, it becomes essential to keep certain things...
When you do any business with your bank, you have likely seen the notation that says FDIC-insured. While you may not pay it much attention, it could be incredibly important if your bank goes out of business. Unlike other industries where businesses may close their...
Buying or investing in a commercial property can be rewarding for your business. Still, it is possible your investment may not turn out as you hope. Problems can even arise during the initial stages of purchasing the property. This is why having a cost contingency...
When another business has the equipment or inventory to help produce your products, a full asset merger might seem like a reasonable option. By acquiring the other business, your company could reduce some of its production costs. A full-asset merger occurs when one...
When it comes to business formation, you need to carefully weigh your options and familiarize yourself with the steps you have to take to set up a firm successfully. If you have decided to establish a limited liability company (LLC), you need to review various...
Regardless of how well you get along with your business partners, disputes will likely arise from time to time. While it may be possible to resolve a dispute in a New York courtroom, it may not be necessary to pursue litigation. Instead, you may be able to come to an...
Shareholder disputes can happen for many reasons. Sometimes they occur because different people disagree on the company's direction. Other times, they can occur because one or more shareholders have breached an agreement. Money is often at the root of shareholder...
Negotiating a commercial real estate (CRE) purchase agreement in New York can be a complex process with many factors to consider. Whether you are a buyer or a seller, it is important to approach the negotiation process carefully and thoughtfully to ensure that your...