Posts tagged with: "business"
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20 Mar 2012, 8:34 am
If you own businesses – whether small, medium, or large – indemnity and contribution are important facets of North Carolina law which you should understand. These theories entitle a defendant in a civil law suit to reimbursement for part or all of any damages paid to the Plaintiff. Such reimbursement can be recovered from co-defendants [...] [read post]
2 Oct 2011, 4:31 pm
An entrepreneur starting a business often has specialized knowledge or experience in a field. Yet the question of how to start a company with the right business planning requires the skill of a company formation lawyer. A Texas business lawyer will review your business plan, and help your start up business choose the right company formation structure, partnership agreements and investor agreements, business tax strategy, and asset protection plan.
Limited Liability, Asset Protection & Business… [read post]
21 May 2012, 12:15 pm
Within North Carolina there are two court systems – federal and state. North Carolina state courts are “courts of general jurisdiction” whereas the federal courts only have jurisdiction over certain kinds of disputes. Whether you are considering filing suit in federal court, or have received a summons to respond to a complaint, the federal litigation [...] [read post]
28 Mar 2012, 1:01 pm
Commercial Creditors who are seeking to recover their own property or property that they have a security interest in often will have to spend valuable time and resources in attempting to collect the property or the money value from their commercial debtors. For retail debt collection, the process is even more difficult. North Carolina does [...] [read post]
1 Apr 2013, 8:59 am
You might say that a family business is more than the sum of its parts. Unfortunately, those “parts” do not always see things the same way, whether it’s the family part or it’s the business part. Family businesses that successfully pass from generation to generation tend to toe the line in more ways than one. [read post]
4 Apr 2010, 9:05 pm
A non-disclosure agreement (NDA), also known as a confidentiality agreement, confidential disclosure agreement (CDA), proprietary information agreement (PIA), or secrecy agreement, is a legal contract between at least two parties that outlines confidential material, knowledge, or information that the parties wish to share with one another for certain purposes, but wish to restrict access to [...] [read post]
4 Apr 2010, 8:58 pm
Commercial loan modifications is becoming a more common solution for both business owners and lenders during a difficult economic recession. Like any classic loan modification, the basic principle is mitigating loss for the lender and the borrower. A commercial loan workout is a creative solution that may be overlooked without aggressive negotiation. The commercial loan workout [...] [read post]
12 Jul 2008, 3:02 pm
In North Carolina, the ability to assign cases involving complex questions of business law can be designated to be heard by the Business Court, rather than the general courts. The Business Court uses specialized judges, with extensive knowledge of business law, like the Uniform Commercial Code, the LLC Act, and the North Carolina Business Corporations Act.
Over at the North Carolina Business Litigation Report, Mack Sperling points us to an article in Directorship Magazine's annual Guide to State… [read post]
30 Nov 2009, 8:43 am
An article in Barron's supports, in a big way, the importance of keeping good business records. The article details how the IRS disputed a $75,000 repayment of a loan for a business owner named Henry resulting instead in a $68,000 dividend, on which Henry owed tax. Joseph Gelband, a tax attorney from Larchmont, New York, wrote the article. He provides some wise counsel for business owners: [Henry's] story points to the importance-especially for a closely held corporation-of observing formal business… [read post]
20 Jun 2012, 4:47 pm
Pursuant to Rule 36 of the North Carolina Rules of Civil Procedure, any party to a lawsuit may serve written “Requests for Admissions” on any other party. Many Plaintiffs’ attorneys will serve Requests for Admissions with the Complaint and Summons. This happens frequently in debt defense, breach of contract, and other business law disputes. If [...] [read post]
1 Aug 2011, 12:05 pm
Protecting a business, property or personal wealth is an important consideration for many people. At Anker, Reed, Hymes, Schreiber and Cohen, A Law Corporation, we pride ourselves on being a different kind of law firm - one that measures success by its value to clients. Since 1974, our firm has provided business law, real estate, estate planning and litigation services to individuals, families and businesses throughout Southern California. [read post]
30 Aug 2011, 9:26 am
A frequent question of business litigation and debt collection clients relates to recording telephone conversations: whether there are criminal implications and whether they can be used in a civil lawsuit. Contact a civil lawyer at Maginnis Law, PLLC at 919.526.0450 or by submitting a new case inquiry here to discuss whether it is appropriate to [...] [read post]
28 Oct 2010, 8:33 am
Under the recently passed Affordable Care Act of 2010, businesses should have started reporting group health care coverage in 2011. The Act requires businesses to report the value of employer-sponsored health coverage, by indicating the cost of the health insurance coverage they provide employees on each employee’s annual Form W-2. However, IRS has decided to delay such reporting requirements.
The IRS determined that interim relief was needed to to provide employers the time they need to make… [read post]
3 Nov 2011, 11:57 am
The North Carolina Rules of Civil Procedure require a defendant in a civil lawsuit to file an answer or other responsive pleading, such as a motion to dismiss, within thirty days after service of a complaint and summons. If the defendant does not timely respond, or otherwise contact plaintiff’s counsel, the plaintiff may move for [...] [read post]
16 Jan 2013, 11:50 am
Although the American legal system generally requires that parties bear their own costs, including attorney fees, North Carolina does provide the ability for a court to include attorney fees as part of a judgment in certain situations. Some of these situations include construction contracts relating to contractor and subcontractor lien statutes, unfair and deceptive trade [...] [read post]
19 Jan 2013, 6:14 am
If business were a 1980s coming-of-age film, then the S Corporation would be the overlooked middle child at Corporate High School — in other words, the protagonist of the film. The older, more prestigious C Corporation is the star quarterback, … Continue reading → [read post]
21 Dec 2007, 9:13 pm
I recently read a blog post containing fabulous resources to help you stay connected during your holiday traveling. So let this Traveling Office Resources from the ABA Techshow make your time away from the office a little less stressful.
However …. please find a little time to step away from work to enjoy family, friends or [...] [read post]
12 Sep 2012, 6:19 am
I received the following brief but informative newsletter from my friends over at Western Business Brokers:
Vol 1. No. 24
Lynne, We are pleased to offer you our latest newsletter and hope you find the information useful. If you know of someone who is starting to plan for the sale of a business, please pass on this email. We are always glad to help. Thank [read post]
2 Jun 2010, 5:00 am
Brick Gentry, P.C. is excited to announce that intellectual property attorney, Brian Laurenzo, has joined the firm as a shareholder effective June 1, 2010. Brian was most recently the head of the intellectual property practice group for the Des Moines office of Dorsey & Whitney.
Brian brings a tremendous amount of experience in patent, trademark and copyright law. He has a broad transactional and litigation practice. He is the former mayor of Johnston, Iowa and was the Business Record's… [read post]
1 Aug 2012, 4:59 pm
Originally posted 2011-06-14 09:00:41. Republished by Blog Post Promoter Previously we blogged about a pending case before the Supreme Court that had the possibility to significantly increase the liability of persons for assisting in the preparation of a “prospectus.” As of June 13, 2011, the Supreme Court handed down an opinion in that case, styled [...] [read post]