Ways For An Established Business To Limit Legal Risk

Every company faces legal risks, no matter its size or industry. To protect their businesses and assets, understanding risk and compliance is essential for owners and stakeholders. If your business is not compliant with official rules and regulations, you may find your company wrapped up in costly litigation.     Consequently, your organization will spend time…

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FTX Bankruptcy – What Will Happen to Investors’ Money?

If you have been paying attention to financial news recently, you have probably heard that FTX, one of the world’s largest cryptocurrency exchanges, has declared bankruptcy. Its founder and former CEO, Sam Bankman-Fried has been indicted by the U.S. Department of Justice and is awaiting extradition from The Bahamas. The firm’s rapid collapse has left…

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Three Bad Contract Habits Your Business Needs to Break

Over time, we can all build bad habits and not be as diligent as we should be to protect our largest assets. Having well-drafted contracts is an area where both new and established businesses need the guidance of experienced business counsel.        Contracts are important documents that can protect your business interests and help…

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Issues to Consider Before a Business Divorce

Nobody forms a business partnership with the expectation that it will all fall apart one day in the future. Nonetheless, these dissolutions (or divorces) happen regularly. They are usually caused by factors such as:   Poor business decisions Personal disagreements Financial mismanagement Owner death or illness, or Government intervention   If you are thinking about…

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Elon Musk’s Purchase of Twitter and Taking a Public Company Private

If you have been paying attention to the news recently, you have probably heard that Elon Musk is purchasing Twitter. The deal is expected to cost around $44 billion, and Musk has announced that he plans to take the company private.    When an organization goes private, it removes itself from public stock exchanges like…

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Personal Guarantees for Commercial Leases

Whether you own a small retail space or a large warehouse, it is crucial to protect your property. Asking your tenant to sign a personal guarantee is one of the best ways of achieving that goal.    What Is a Personal Guarantee of a Commercial Lease?    A personal guarantee of a commercial lease is…

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