If your company is structured as a general partnership, your partner can sell his or her stake in the business without your consent. However, if this happens, you have the right to dissolve the partnership and ask a New York judge to oversee the distribution of the...
Conducting business in New York and many other states involves preparing and signing contracts. With so much time and effort getting put into creating a contract, it makes sense to ensure this document gets prepared correctly. Here are a few situations that would make...
New York residents sign terms and conditions agreements on a daily basis on the Internet that are required by many online services, and very few if any ever read exactly what is included in the language. In the case of Amazon, buried within their agreement is a clause...
Has the company you work for asked you to sign a non-compete agreement, even if you are a part-time employee? Many New York companies have started the practice for all kinds of fields, but you should think twice about putting your signature on the dotted line no...
As a New York business owner, you likely enter into various contracts every month. While most of the time these contracts are fulfilled without a problem, sometimes they may not be. Be able to identify an anticipatory breach of contract and knowing what to do can help...
New York businesses enter various contracts each day. Many times, these contracts are seen through to their conclusions, and both parties deliver without a hitch. However, sometimes a business may have to deal with an anticipatory breach of contract. What is an...
Many New York businesses have trade secrets that they utilize to gain a competitive edge over their adversaries. Keeping them under wraps is a necessity in order to ensure a secure financial future. There are a couple of different ways that a company may protect this...
Partnerships are a common way that entrepreneurs in New York start companies. The structure has a lot of benefits. All the partners involved have a stake in the business. They bring different needed skills to the table, whereas a sole proprietor must be totally...
Lawsuits over alleged breaches of contract in New York and around the country can be prohibitively expensive to litigate and drag on for years. They also take place in a courtroom, which means the matters discussed become fodder for public consumption. Dispute...
A New York business generally has the right to operate as a limited liability company. This is often true even if the company has a single owner. Many entrepreneurs opt for this form of legal entity when they are establishing a new venture, as it protects their...
