by David P. Weiss | Mar 28, 2011 | Commercial Law, Contract Law, Corporate Law, Litigation
One of the dreaded documents any business owner faces in a deal is the “personal guaranty.” After all, the business owner went through the steps to incorporate or organize their business just to avoid this personal liability, and now a lender, landlord,...
by e-LawLines | Nov 7, 2010 | Contract Law, Corporate Law, Real Estate Law, Small Business Law
“It’s just ordinary lease stuff,” Frank said. After a short pause, he continued, “At least, I think it is.” Frank had just been given a document entitled “Standard Commercial Lease – Net.” He wasn’t an unsophisticated...
by e-LawLines | Oct 16, 2009 | Contract Law, Corporate Law, Employment Law, Small Business Law
Employment agreements have become a popular tool in the business world, in both big and small business. Employment agreements establish vital terms and avoid misunderstandings such as “at-will” or other termination provisions. Most employment agreements will contain...
by e-LawLines | Apr 16, 2009 | Commercial Law, Contract Law, Corporate Law, Small Business Law, Taxation
You’re an entrepreneur, and you’ve just found a company you want to buy in order to expand your own business. In setting up the purchase, you’ve decided you want to do an asset purchase. After all, you’ve heard that one of the benefits of an asset purchase is that,...
by e-LawLines | Oct 16, 2006 | Commercial Law, Contract Law, Litigation
We’ve all done it. Signed a contract, whether with the home improvement company, for a new set of tires or service on our automobile, or for a home entertainment center. The contract that we just signed will likely have the “fine print” spelling out...
by e-LawLines | Dec 1, 2005 | Commercial Law, Contract Law, Litigation
Imagine you are a supplier of goods or services and have a customer who remits a check for an invoice, which is less than the amount of the invoice, and included on the check is wording to the effect “this check is payment in full and in full and final satisfaction of...
