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Corporate
Insurance Provisions | Contract Issues for Small Business Owners
Nov 03 2021
In this multi-part series, we highlight key contract issues for today’s business owners, including: The Indemnification Clause Insurance Provisions Warranty Language Choice of Law and Choice of Venue Insurance Provisions in Commercial Contracts In this article, we provide overall tips …
Posted in Corporate, Legal Watch
The Indemnification Clause | Contract Issues for Small Business Owners
Nov 02 2021
Gone are the days of sealing a deal with a simple handshake. Contracts have become more and more complex, and even so-called basic terms and conditions contain provisions that can create unforeseen liabilities. In this multi-part series, we will highlight …
Posted in Corporate, Insurance, Legal Watch, Litigation
Three Essential Steps to Business Succession Planning: Step 3
Nov 01 2021
There are three essential steps to developing a business succession plan. Define your long-term personal and business goals. Develop a management plan for the business. Design an estate plan to transition ownership of the business. In this article, we look …
Posted in Business Succession Planning, Corporate, Legal Watch
Today’s Cybersecurity Threats: An Introduction
Jun 23 2021
The threat of a cybersecurity breach is real and rapidly becoming more common. The Harvard Business Review reports that payouts by the victims of cyberattacks increased by more than 300% in 2020. Developing best practices to prevent this growing threat …
Posted in Corporate, Legal Watch
Today’s Cybersecurity Threats: Not If, But When
Jun 23 2021
Determining best practices to prevent a cybersecurity breach from crippling your business should be on the top of your priority list. Foreign hacking collectives, acting independently in some cases and under the guidance of malicious state sponsorship in others, have …
Posted in Corporate, Legal Watch
Non-Control Capital Investment in M&A Transactions
Jun 08 2021
In today’s active M&A market, the availability of money and the limitations on investment opportunities have created a unique climate where non-control investment possibilities abound. Non-control capital provides a way for business owners to achieve their goals without ceding company …
Drafting a Letter of Intent: Do I Need Counsel?
Jun 07 2021
There are real advantages to negotiating a well-crafted letter of intent with the assistance of experienced M&A lawyers. Those selling or buying businesses can best position themselves to close the deal by engaging counsel early in the process. Often, efforts …
Posted in Corporate, Legal Watch
SBA Requests Revisions to Restaurant Revitalization Fund Applications
May 28 2021
Applicants for the Small Business Administration’s Restaurant Revitalization Fund grant money should quickly get their ducks in a row. The program closed to new applicants this past Monday, and the SBA is currently asking applicants for revision. Applicants nationwide, from …
Posted in Corporate, COVID-19 Updates
SBA Authorizes Restaurant Revitalization Fund
May 27 2021
Registration begins Friday, April 30, 2021. This article was updated on May 28, 2021. Read about Revisions to SBA Restaurant Revitalization Fund Applications. The United States Small Business Administration (SBA) has announced $28.6 billion (yes, billion with a B) to …
Posted in Corporate, COVID-19 Updates, LLG News
New Financial Reporting Requirements Mean Businesses Must Act to Avoid Fines and Criminal Penalties
Feb 10 2021
Businesses may have been spared new registration requirements as President Trump vetoed the National Defense Authorization Act (NDAA) for Fiscal Year 2021, but recent House and Senate vetoes will now make those requirements a reality. Changes To Beneficial Ownership Reporting The NDAA is a …
Posted in Corporate, Legal Watch