by David P. Weiss | Aug 24, 2011 | Corporate Law, Litigation, Small Business Law
Larger corporations have faced this reality for many years: litigation involving records can be extremely costly, very disruptive and just a pain in the “you-know-what.” Now smaller companies are also experiencing what their larger counterparts have known for some...
by e-LawLines | Aug 5, 2011 | Corporate Law, Employment Law, Litigation, Small Business Law
The United States Supreme Court recently ruled in Kasten v. Saint-Gobain Performance Plastics Corp. that an employer’s termination of an employee in response to an oral complaint about working conditions does subject the employer to potential liability for violation...
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 | Aug 16, 2010 | Corporate Law, Small Business Law
Assuming your company does not have 20 billion dollars stashed away in money reserves like BP Energy, many companies risk inadequate capitalization, or what is also referred to as “thin capitalization.” Inadequate capitalization generally means funding...
by e-LawLines | Jul 16, 2010 | Corporate Law, Small Business Law
It is a nightmare scenario for any small business owner: your partner in business falls through, and you’re stuck working with someone you never intended to. It could happen in a variety of scenarios. Maybe your partner decides they would rather vacation in the...