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Syracuse Business And Civil Law Blog

Is a business trust right for you?

A business trust, also known as a common law trust, is a way of holding a stakeholder's rights. Like an individual trust, you appoint a trustee to manage the business trust. In New York, you can name more than one beneficiary. Additionally, the business can be owned...

Products putting infants at risk

Despite greater awareness and improved safety testing of children’s products, the marketplace remains filled with potentially dangerous items that should be nowhere near an infant. Some new offerings are not subject to mandated standards, showing up on store shelves...

SPACs in New York explained

When companies want to avoid the long and arduous Initial Public Offering (IPO) process of regulatory review when listing on public markets, a viable alternative may come in the form of a Special Purpose Acquisition Company (SPAC). SPACs are blank-check companies...

Starting a nonprofit in New York

Starting a nonprofit organization in New York is similar to other types of business formation. It involves a lot of paperwork, organization and close attention to detail. Naming The first part of any business formation process is often naming the organization. Choose...

What are blind spot crashes?

Driving in New York is complex enough without having to add extra dangers. One of the worst things that you can do is drive too near a commercial truck. You are immediately exposed to the risk of getting into their blind spot. This is the area where you are directly...

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