A common mistake for inexperienced commercial property owners is the assumption that they are fully protected as long as they carry a traditional property insurance policy. It is only when a serious accident or injury occurs on-premises that many discover they are exposed to far more financial and legal risk than they realized. As it […]
Universities encourage student innovation and inquiry, often sponsoring research projects that place undergraduates and graduate students in laboratory or field environments. When those experiments result in injury or damage, however, the question of liability can quickly become a legal quagmire. Institutions may be held responsible if it can be shown they failed to uphold their […]
Conversion, civil theft, and fraud are some of the most common types of property crime, impacting both individuals and businesses on a massive scale. As technology has developed, the methods of committing these crimes have become more sophisticated and difficult to spot. These offenses involve the misuse or unlawful taking of property and deception for […]
The Corporate Transparency Act (CTA) became effective on January 1, 2024, mandating certain companies to submit beneficial ownership information reports (BOI Reports) to the Financial Crimes Enforcement Network (FinCEN). The CTA, a crucial component of the Anti-Money Laundering Act of 2020, aims to enhance the anti-money laundering framework by fostering transparency in entity structures and […]
Laws impacting general business transactions and contracts grow more complex and numerous every decade. A business deal that might have been completed with a handshake and a single-page contract in the 1980s may now require a reasonable amount of time dedicated to incorporating specific facts, protections and legal provisions to ensure you are protected and […]
For business owners and entrepreneurs, intellectual property (IP) including trademarks, copyrights and patents are often one of their most valuable assets. Unfortunately, modern communications technology has made it very easy to steal and disseminate IP, making it extremely important that a business that depends on the strength of that IP knows how to defend it. […]
Real estate has always ranked near the top of lucrative investments available in liberalized economies, with many of the wealthiest people in history making their fortune in buying, selling, and developing land. It’s also one of the most capital-intensive forms of investment, as the supply is inherently limited by the space available in urban settings […]
Over the past century, the laws, regulations, and rules governing how corporations can run their day-to-day operations have grown exponentially, making corporate compliance a fundamental aspect of modern business operations. Corporate compliance can be succinctly described as how a company ensures that it operates within the boundaries of the law and avoids damaging lawsuits, fees, […]
The ever-changing business landscape makes partnerships a go-to strategy for many entrepreneurs. However, just like marital relationships, business partnerships can either flourish or flounder. This blog aims to guide you through the legal intricacies of both setting up and terminating business partnerships. How you start and end a partnership can determine the company’s success in […]
In creating a new business, one of the most important decisions is how to legally structure it. A sole proprietorship is perhaps the simplest structure of business; the single owner reports the income and expenses of the business on their own personal tax return. However, the simplicity of an unincorporated business can be risky, as […]