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As discussed in last week’s article, maintaining your limited liability is crucial. Dropping the ball on compliance issues allows people to sue you for your own personal assets, rather than being limited to your business’s assets. Here, we’ll go through...

We’ve talked many times about limited liability (for example, here and here), but what many business owners don’t know is that their limited liability can be voided if they’re not compliant with their local Secretary of State’s office as well...

You can decide the distribution of your property – and if you don’t the state will If you die without a valid will, your property will be distributed according to state law. This may or may not be the distribution...

Jumping right in, continuing from our last article: What Constitutes Default? As you might expect, this is another very important section in any security agreement. Put simply, it states what acts or omissions put the borrower “in default,” allowing the...

Most startup companies need some sort of capital investment to help them to get started. If they have an investor—someone willing to give the new company money in exchange for a percentage of ownership in the new company or a...

This is a continuation of last week’s blog. How do I file my application? Trademark Searches Before filing an application, it is crucial that you have a trademark search done. This lets you know whether the trademark you’re applying for...

Recently, Disney began litigating against a solo-artist DJ named DeadMau5 for his alleged trademark infringement of the Mickey Mouse image. DeadMau5 wears a recognizable mouse hat with large ears and large “X”s over the eyes—hence the name “dead mouse.” This...

Buy/Sell agreements are a very simple and important aspect of business law. Every legal entity that is currently owned by more than one individual needs to have a buy/sell contract that allows investors to exit successful companies without losing their...

A Little History on Employment Contracts In employment law, you can break down contracts into two very broad categories: traditional contracts and at-will contracts. With traditional contracts, employees could not be fired without a legitimate reason, such as the failure...