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...
Business And Commercial
Trade secret violations and New York company losses
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...
Implementing the NY commercial finance disclosure law
The New York State Commercial Finance Disclosure Law (CFDL) requires that certain commercial finance providers need to disclose the specific details of the financing they provide. The objective is to provide greater transparency and specificity to borrowers who need...
Biennial Statements for corporations and LLCs
The most common form of business organization in our state and throughout the U.S. are business corporations and limited liability companies, also known as LLCs. Though, while one may have successful done a corporation or LLC formation, there are continuing...