Business litigation is scary. That is just a fact. But, one thing that makes business litigation truly scary for business owners is receivership. Though, many Staten Island, New York, business owners have never heard the term or know what it means to their business....
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Business Law
What needs to be considered in a partnership agreement?
There are many reasons why people may start a business using a partnership in New York. Each partner may bring a unique skill to the business or be able to attract unique clients and customers. It is important that each partner understands their responsibilities under...
What is a “material” breach of contract?
Contracts formalize a business arrangement between two parties. Purchase-and-sale agreements, service agreements and other business contracts require each party to agree to abide by the terms of the contract. For example, a manufacturer may agree to provide a certain...
What is the best structure for your business?
When people start a new company or business in New York, it can be an exciting time. However, people need to plan for many different aspects of the business. The people starting the business understand the product or service they are selling very well, but there is...
What makes a valid contract?
A contract breach can be a serious disruption for businesses which makes it helpful to understand what is considered a breach and what the remedies for a breach of contract are. To better understand that, it is helpful to understand what makes a contract valid in the...
Should I include a partner in my new business?
The idea for a new business can come from anywhere. Like other entrepreneurs, you may have imagined your concept in your basement or garage, or it may have come from a conversation with a friend. As your company starts to take shape, you may think about the support...
Why would you consider selling business assets?
While you have spent years building your Brooklyn area business there is a chance that you have acquired many different business assets along the way. If you have many business assets, managing them can be time-consuming and complicated. Some of these business assets...
What damages are available to help with contract breaches?
Contract breaches can be disruptive operationally and financially and in other ways as well. For that reason, it is essential for businesses to be familiar with legal protections and remedies that can help them with their contract damages. Compensation options for...
What are the damages for breach of contract?
When a contract has been breached, it can result in extensive damages for a business or individual. For that reason, businesses impacted by a breach of contract should be familiar with the different types of damages that may be available in a dispute over breach of...
New York City enacts biometric privacy law
New technologies can expand business opportunities but may be abused. New York City enacted a new business and commercial law that prohibits commercial establishments from collecting facial scans, fingerprints and other biometric information to protect consumer...