Archive for the ‘Business’ Category
Carson & Kyung Welcomes Another Attorney to Team
Carson & Kyung, A Law Corporation welcomes another experienced attorney to its team -- Dave Sterkin, Esq. Mr. Sterkin previously worked for Oliff and Berridge, PLC as a Trademark Associate, the US Patent and Trademark Office as a Trademark Examining ...
6 Steps: Commercial Unlawful Detainers
What happens when I stop paying rent on my commercial lease? Step 1: Communication The tenant's landlord will likely be contacting the tenant. They will want to know why the tenant isn't making payments. The tenant may be able to explain that sales are ...
Do YOU Understand YOUR Contract?
You hired an attorney. She or he wrote your contract. They tell you it protects you and it's "solid." But, do you really understand it? You paid for it. Shouldn't you understand it? This happens ...
Legal Issues in the Sharing Economy
The holidays are just around the corner. Soon, students, professors, and working professionals will be vacationing, which is a perfect opportunity for the Sharing Economy to thrive. The Sharing Economy, sometimes called Collaborative Consumption or the Peer-to-Peer Marketplace, is the term commonly used to describe an alternative to traditional property ownership wherein a property owner agrees to allow a consumer to borrow/rent property from ...
Transfer and Assignment Agreements ~ Don’t lose your intellectual property!
What is a Transfer Agreement? A transfer agreement is used to transfer interests in property to another entity or person. For startups and entrepreneurs, these agreements are usually for intellectual property. Generally, the agreement entails a transfer of ...
Restricted Stock ~ Employment Rewards
What is restricted stock? Restricted Stocks are stocks granted by a company to it's employees. These stocks may not be sold and the company has the right to repurchase them; generally, repurchasing the stocks will occur upon termination of employment. ...
6 Advantages of a Corporation
The Advantages Limited Liability. The debts of the corporation are separate from the shareholders; therefore, the shareholders only stand to lose the amount invested in the corporation. Any personal assets of the shareholders are protected, like their bank ...
9 Purposes of a Buy-Sell Agreement
Why buy-sell agreements? Right of First Refusal. This clause provides current shareholders with the option, and procedure, to buy back shares of another shareholder who desires to sell; Come-Along, Bring-Along, Drag-Along Clauses. These clauses will essentially force minority shareholders to participate ...
Contracts: Boring For You, Exciting For Us!
Here are some tips for you if you're drafting a contract or planning on signing one. Negotiate Unless someone is holding a gun to your head, you are not being forced to sign a contract. Many contracts include a statement that the signor understands the terms and agrees to them. People generally assume that contracts are written fairly. Wrong. You should assume that the contract is one-sided ...
Business Scams! Watch out!
Our firm represents numerous small to medium-sized businesses and we have been asked by many of our clients as to whether they should be paying a particular fee or tax. We want to warn you - look out for phony invoices! At first glance, these invoices might look official but we have received many inquiries on this issue and have saved our clients thousands of ...
