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Contracts

Top 3 Mistakes Newbie Entrepreneurs Make and Their Solutions

Darilyn Aquino | Posted 09.11.2014 | Business
Darilyn Aquino

In the current entrepreneurship boom we are experiencing nowadays, it is quite common that novice business owners -- as well as those with more experience -- make very frequent mistakes due to a lack of legal counseling and experience.

Extended Warranties: Needed or Not?

Sam Dillinger | Posted 08.13.2014 | Business
Sam Dillinger

Everyone that's bought a car in the last 30 years or so has been pitched an extended warranty. When the car is brand new, the thinking is usually that you've got plenty of time to make that decision later.

Joint Venture: Business Agreement for International Trade

Darilyn Aquino | Posted 07.29.2014 | Business
Darilyn Aquino

You must keep in mind that a joint venture is particularly aimed at obtaining the respective commercial benefits, but does not include all business or economic activities of the participating members.

7 Key Ways to Increase Your Small Business Chances of Winning Government Contracts

Helen Callier | Posted 09.17.2014 | Small Business
Helen Callier

As your small business starts swimming in the Federal market while continuing to grow on the local and state levels, know that there are key strategies required for success in winning contracts.

Handcuffs or Rocket-Booster? Crafting Joint Venture Agreements that Launch Your Business Forward

Jack Garson | Posted 09.07.2014 | Business
Jack Garson

Businesses team up to pursue work all the time. These joint ventures take many forms and names, from teaming agreements, to partnership agreements, to...

'Good Faith and Fair Dealing' in Contract Law Does Not Impose Abstract Morality

Brad Reid | Posted 09.01.2014 | Business
Brad Reid

The Delaware Court of Chancery recently discussed the contractual legal requirement of "good faith and fair dealing" in the context of a limited partnership agreement. In essence, a contract's language and the purposes of the contracting parties control any implied terms that a court might impose.

Protecting Your Online Business Presence

Genavieve Shingle | Posted 08.31.2014 | Business
Genavieve Shingle

What many online business owners do not realize is that there are legal requirements for having an online presence. The two most common documents needed are "Terms & Conditions" and a "Privacy Policy."

A Premarital Agreement Primer

Brad Reid | Posted 08.26.2014 | Weddings
Brad Reid

While a will may transfer property at death, a premarital agreement may clarify what property is subject to the provisions of a will as well as address inheritance and probate matters.

Thinking of Blogging With a Partner? Read This First

Audrey van Petegem | Posted 08.18.2014 | Business
Audrey van Petegem

I found out the hard way that a partnership is like a marriage. And like some marriages it ended in divorce. I realized how important it is to plan for the possibility of divorce before the honeymoon ends.

Knowing the Ropes in the Foreclosure Purchase Ring

Dean Graziosi | Posted 06.07.2014 | Money
Dean Graziosi

I've bought a great many foreclosure properties over the years and can tell you that you can end up pulling your hair out if you're not prepared for the hurdles the lender places in your path to a closing.

Why Mike Trout Made a Big Mistake in Taking a $144.5 Million Contract From the Angels

Dave Kreissman | Posted 06.07.2014 | Teen
Dave Kreissman

Well, the New Jersey native just signed a deal through 2020 worth $144.5 million. And I believe that this could be the greatest financial mistake of his life.

'If A Bride Sees This In A Contract, She Should Go Running For The Hills'

The Knot | Posted 05.16.2014 | Weddings
The Knot

Photo: Nakai Photography/The Knot By Lisa Freedman for TheKnot.com Some wedding professionals are adding fine print to their contracts forbidd...

An Overview of 'Work for Hire'

Brad Reid | Posted 03.05.2014 | Business
Brad Reid

Do not overlook ownership issues in the desire to rapidly begin a creative project. Recognize the legal significance of "work for hire" and "license" language.

Five Legal Myths That Can Cost You a Fortune

Jack Garson | Posted 04.06.2014 | Business
Jack Garson

Your mom already warned you: Just because everyone else is doing something doesn't mean you should. Remember the bridge?

Contract Basics

Schuyler M. Moore | Posted 03.30.2014 | Entertainment
Schuyler M. Moore

Many transactions in the film industry do not fit within any standard paradigm. No matter how complex (or how simple) a transaction may be, it may always be understood if it is broken down into the three basic elements: Money in, money out and control.

How to Get Out of a Bad Lease

Jack Garson | Posted 03.24.2014 | Business
Jack Garson

Leases and labor are two of the biggest costs for many businesses. In these cost-conscious times, companies have already made painful cuts in staff, but often view their leases as inescapable handcuffs. Wrong.

Why Business Partnerships Go Bad

Jack Garson | Posted 01.25.2014 | Business
Jack Garson

Business is tough, as recent history has proven once again. It's much too tough to be fighting with your partners. Pick well.

Read the Contract: I Rushed, I Signed, I Regretted

Jack Garson | Posted 01.23.2014 | Business
Jack Garson

Every day, all across the country, thousands of businesses put their companies in jeopardy when they rush to sign contracts. They don't read them, they don't understand them and they are not prepared for the consequences.

Forget Romance: Relationships Need to Get Contractual

Simone Collins | Posted 10.23.2013 | Weddings
Simone Collins

If your relationship cannot even withstand a discussion of responsibilities and shared expectations, you have no hope of surviving real challenges as they come your way.

An Email Account Creates the Appearance of Employment

Brad Reid | Posted 10.06.2013 | Business
Brad Reid

More fundamentally for any employer, under what circumstances are non-employees, including independent contractors, volunteers, interns, and other marginally affiliated individuals, granted email accounts?

A Simple, Powerful Service for Young Children: Home Visiting

Judith Sandalow | Posted 10.02.2013 | DC
Judith Sandalow

Dr. García, now that you're taking the lead at the Department of Health, we hope that you will prioritize this home visiting work so that the funds your department worked so hard to win aren't lost. Thank you for your attention to this issue.

Literal Truth and Claims of Fraud

Brad Reid | Posted 08.01.2013 | Business
Brad Reid

There is strong judicial support for freedom of contract and judicial reluctance to rewrite transactions, especially when no literal falsehood occurred. Assertions of implied falsehood are weaker than proof of an affirmatively stated falsehood.

Stay-at-Home Parents' Access to Credit

Margaret Ryznar | Posted 07.28.2013 | Business
Margaret Ryznar

The rules on stay-at-home parents' access to credit have been reversed twice in the past four years but without much media attention along the way, despite the fundamental impact of the reversals on stay-at-home parents' ability to open a card in their names or to extend their credit lines.

Commercial Disputes May Be Subject to Tribal Courts

Brad Reid | Posted 06.30.2013 | Business
Brad Reid

When a tribally chartered corporation is involved and the activity in question is physically conduced on tribal land, the tribal court's jurisdiction is especially strong.

A Brief Unjust Enrichment Primer

Brad Reid | Posted 06.26.2013 | Business
Brad Reid

In applying unjust enrichment a court considers the entire circumstances of a situation with an eye to fairness and the prevention of inappropriate conduct. Courts assume broad authority to do justice and applying the doctrine of "unjust enrichment" is one of many ways that this goal is accomplished.