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...
When you're interested in creating a business in New York, you might not be sure how to structure it. With all of the different types of business formations that you could choose, including S corps, LLCs, partnerships, sole proprietorships, and corporations, it can be...
Business owners in New York face legal difficulties of all different kinds. There are many reasons why a business owner may require the services of an attorney. Most companies require a lot of legal services to stay in operation. Common business legal issues A...
If your New York business has received a letter from the IRS informing you of a looming business audit, you might feel a few pangs of anxiety, even if you filed your tax return timely and accurately. However, preparation is vital to getting through the audit, and the...
In the New York financial arena, synergies from mergers and acquisitions generally refer to the potential additional revenue and reduced costs that result from combining two companies. This type of transaction usually happens because the value and performance of the...
New York’s financial regulator has released guidance for banks regarding handling cryptocurrencies. The guidelines, issued by the New York Department of Financial Services (NYDFS), are intended to assist banks in navigating the rapidly evolving landscape of digital...