In Lefemine, the Supreme Court established a test to determine when a liquidated damages provision will be enforceable, and when it will be unenforceable as a penalty clause. ...
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How Do I Determine if A Worker Is an Employee or an Independent Contractor and What Difference Does it Make?...
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All businesses should have a working relationship with an attorney. The first step toward developing this relationship is to choose an attorney who can best service the needs of the business....
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I've seen all too often that in an effort to get businesses up and running, business owners often throw form invoices, contracts and other business documents together just to have something for customers to sign to evidence the products or services bought or delivered. No one can fault business people for wanting to get on with business. After all, no can come in until the business is up and running. What often happens, however, is that once the business is up and running the business owner forgets that the original invoices and contracts were thrown together hurriedly. Until there is a...
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Deciding how to handle a family business in a divorce can be a difficult issue. Many factors go into valuing a business and deciding how it should be equitably distributed....
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The choices for business entities are expanding, often making it confusing to decide what kind of business entity is right for you. The choices include: Sole Proprietorship, Corporation, General Partnership, Limited Partnership, Limited Liability Company, along with numerous choices for structuring these entities. An informed decision of which entity is best for your business involves an evaluation of numerous legal as well as other factors. You may know, for instance, that a corporation affords your business certain protections from liability which you would not have as a sole proprietorship. To take advantage of this protection, it is necessary to maintain...
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