This post continues my series aimed at explaining the main elements of a contract. These elements are outlined on the...
Joint Business Ownership: Unwinding Those Relationships Can Be Complicated and Costly
It is not unusual for business owners such as manufacturers and their suppliers and consultants to enter into joint ownership...
What is a Contract, and Why You Should Read the Fine Print
As a business owner, you are routinely asked to “sign on the dotted line.” The document could be a purchase...
Preparing Your Business For Transition
There are many reasons why businesses sell. Certainly, the lifecycle of a successful business is often longer than the founder...
Attention Importers and Retailers: Move Quickly to Remove Turkmen Cotton from Your Supply Chains
Retailers, Importers, and brands need to immediately be sure there is no cotton from Turkmenistan in their supply chains. The...
Tattletale: Supply-Chain Investigations and the Attorney-Client Privilege
Goods Tainted by Forced Labor Reprinted with permission from Business Law Today April 2018. The global fight against child labor...
The Thief and the Nonprofit; What’s a Board To Do?
According to the National Center for Charitable Statistics (NCCS), more than 1.5 million nonprofit organizations are registered in the U.S. ...
Shareholders’ Agreements: A Vaccination Against Corporate Paralysis
In the many years I have been working as outside counsel to closely held businesses, one of the frequent pitfalls...
Legislative Updates Owners of PA LLC’s & Partnerships Need to Know – Part 2
Earlier this year, amendments to Pennsylvania’s statutes governing partnerships and limited liability companies (often referred to as unincorporated entities or...
Legislative Updates Owners of PA LLC’s & Partnerships Need to Know – Part 1
The Pennsylvania General Assembly, with significant input from the Pennsylvania Bar Association’s Business Law Section, recently passed Act 170, which...
Anti-forced Labor Initiatives and Benchmarking a Supply Chain Compliance Program
OrAvoiding Bad Press, Brand Impairment and Costly Litigation Reprinted with permission from the February 28th edition of the The Legal...
Commercial General Liability Coverage – what are you buying?
Admittedly, insurance is an important part of any business plan. Protecting against a catastrophic loss occasioned from outside factors renders...
Pennsylvania Sales Tax Now Applies to Support, Maintenance and Updates of Canned Computer Software
The Pennsylvania legislature recently enacted changes to the state sales tax code that affect computer software providers and their customers....
If You Sell or Advertise Online, You Need to Know about TCCWNA: New Jersey’s Truth-in-Consumer Contract, Warranty and Notice Act
To limit warranties or disclaim liability for products sold in online commerce or advertised online, most businesses create a Terms...
Crowdfunding Series – Part III – Advertising Rules
The issuer is permitted to communicate with potential crowdfunding investors if the communications occur through the platform but, in spite...
Crowdfunding Part II – Required Use of Intermediary; Mandatory Disclosure
The crowdfunding offering must be conducted through a registered broker-dealer or a funding portal with a “platform”. A “platform” is...
A New Challenge to “At-Will” Employment for Health Care Workers
In Roman v. McGuire Memorial, the Pennsylvania Superior Court announced a new basis for challenging terminations of at-will employees. While...
CROWDFUNDING OR CROWDFOOLERY?
Part 1 of 3 Part Series: General Rules After years of hand-wringing and speculation by entrepreneurs, re-occurring angels, venture capital...
Scam Alert for Pennsylvania Business Owners
Scammers targeting Pennsylvania businesses have been hard at work this summer. The Pennsylvania Department of State reports that three separate...
Entity Transactions Act: New Rules, Forms and Vocabulary for Pennsylvania M&A Transactions
On July 1, 2015, the Pennsylvania Association Transactions Act (also known as the Entity Transactions Act) (the “Act”) went into...
Indemnification Fee Advancement
No one (not even us legal corporate types) would ever suggest that bylaws are interesting. But recent Third Circuit and...
Recent Amendments to POA Law Have Unexpected Impact on Commercial Lenders
Commercial lenders in Pennsylvania await action by the legislature to fix what appears to be an unintended byproduct of recent...
So The Business You Bought Is Not What You Thought… Now What?
My wife doesn’t eat fish. Chicken is the staple of the diet in our house. Despite careful consideration, sometimes she...
Best Practices: Background Checks for Nonprofit Board, Staff and Volunteers
Reprinted by permission of Catalyst Center for Nonprofit Management. Further duplication without permission is prohibited. Childhood victimization and other abuses...