5 Elements of a Buy-Sell Agreement
Buy-sell agreements are commonly used in businesses with multiple owners for future planning purposes. More specifically, the co-owners of the business use these legally binding contracts to predetermine what will happen to an owner’s share of the business if they leave the business due to retirement, illness, death, or other personal reasons. Setting up a […]
Basic Trademark Laws that You Should Know for Your Business
Creating a unique identity and recognizable brand for your business is often critical to success. A trademark is one way to forge an identity for your business that differentiates it from competitors. A Hollywood business transaction lawyer at Kramer Green can assist you with trademark registration and any other steps necessary to protect the identity […]
4 Major Reasons that You Need Asset Protection Planning
No matter your financial situation, you likely want to engage in asset protection planning to the greatest degree possible. You want to be able to provide for yourself and your family throughout your lifetime. You also may want to leave an inheritance and means of support for your loved ones after your death. Whatever your […]
If a Creditor Gets a Judgment Against My Business, Can’t I Just Open a New Business and Continue Operating?
While some businesses succeed, others are not as successful and may struggle with crippling debt. Creditors may sue your business and obtain civil judgments for debts that your business owes. When this situation occurs, you may be tempted to dissolve your business and start fresh with a new business. However, you must understand the law […]
Potential Defenses to Breach of Contract Claims
Contracts are a vital part of the daily operations of most businesses. From leases and purchase agreements for real estate to orders for goods and services, your business likely relies on contracts in one way or another. When a contract dispute arises, the other party may accuse you of breaching the contract or not fulfilling […]
Pregnant Workers Fairness Act: 3 Things that Employers Need to Know
All business owners who employ workers must understand federal and state employment laws and how to implement them into their businesses, including new laws such as the Pregnant Workers Fairness Act. Business owners must be aware of the changes in laws and policies and adapt their business practices accordingly to meet new legal requirements. Taking […]
4 Methods of Resolving Business Disputes in Your LLC
No matter how carefully you run your business, you risk business disputes arising between you and other parties. For example, you may encounter legal issues between you and your partners, employees, customers, landlord, contractors, suppliers, and other parties. When a legal dispute occurs, you likely will need the legal advice and counsel that a business […]
NLRB Challenges Overly Broad Confidentiality and Non-Disparagement Provisions in Severance Agreements
Severance agreements can be crucial to managing employee lay-offs and terminations at your business. However, for these agreements to be legally valid, business owners must clearly understand the continually changing nature of federal and state employment laws. As such, they must periodically review their severance agreements and ensure they follow current law. Taking a proactive […]
The Pros and Cons of Using ADR in Your Business Litigation Dispute
Operating a business always carries the risk of legal disputes between you and various parties. Whether disputes develop between you and your partner, employee, supplier, landlord, contractor, or another party, you will need legal advice and representation to resolve the matter in your favor. A business litigation lawyer at Kramer Green can represent your interests […]
5 Ways to Ensure that Employee Severance Agreements Are Enforceable
Business owners must understand federal and state employment laws and how they apply to their businesses, including those related to employee severance agreements. They also must be aware of the changes in laws and policies that continually occur and adapt their business practices accordingly. Taking a proactive approach to employment law-related matters often can help […]