Firing an Employee
Firing an Employee Firing an employee is an unfortunate but unavoidable fact of owning a business. There are a wide range of reasons to fire someone, whether they violate rules or are simply not the…
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Licensing Intellectual Property
Licensing Intellectual Property As discussed in our article about intellectual property (IP), it is an important asset for a business and so it needs to be protected. If a business has an opportunity to license…
Punitive Damages from a Breach of Contract
Punitive Damages from a Breach of Contract When a contract is breached, there are many losses to the company that may not be so apparent at first. It is often incalculable the types of damages…
Protecting Intellectual Property
Protecting Intellectual Property Everyone has heard the tale of someone who invented something big, but never got the patent for it. These storytellers complain that they never got their due for what they feel is…
Prepare for an Exit Transition
Prepare for an Exit Transition The route of public offerings is becoming increasingly less common for businesses. In today’s world, a business is more likely to seek out a merger, acquisition, or asset sale as…
Accredited Investors
Accredited Investors Under federal securities rules, accredited investors have access to a broader choice of investment opportunities. However, these options may come with more financial and legal risks. This is because the law assumes that…
Important Steps for Selling Your Business in California
Important Steps for Selling Your Business in California Deciding to shutter a business can be motivated by many different factors. The plan may have always been to be sold, and closing the business was the…
Hidden Liabilities in Asset Purchase Agreements
Hidden Liabilities in Asset Purchase Agreements In the competitive tech sector, mergers and acquisitions are vital for developing a business. Unfortunately, debts and liabilities that have been hidden from the buyer may put them at…
Requests for Admissions and Cost of Proof
Requests for Admissions and Cost of Proof As outlined in our article about protective orders, a legal team may attempt to abuse the discovery process in order to pressure the opposition into settling. This strategy…