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Why a Great Lawyer makes a Difference when selling your Business

Guess what, it really matters to have a great attorney when you are selling your business.  Let me explain. I wrote before about my involvement in typical buying/selling business transactions; it’s an...

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LLC, C-Corp or S-Corp you ask?

Ok, I’ll make this quick and dirty.  LLC, C-corp or S-corp for your small business you ask?  I think most small businesses still go with the LLC for the flexibility and to take advantage of the flow...

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Gig Economy Essentials: Understanding the Service Agreement

If there is one agreement that every independent contractor will encounter in this gig economy, it is the service agreement.  If you are not selling or buying widgets, you are most likely providing...

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What to expect in a New York Small Business Lawsuit

Once you’ve made the decision to sue someone (a decision that shouldn’t be made lightly) or  worse, you’ve been sued, you may wonder what lies ahead in your typical New York Small Business lawsuit?...

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What happens at a Deposition

What is a Deposition? One of the more significant events to occur during a litigation is the deposition (governed under CPLR Article 31). The lawyers have the right to question a witness for the other...

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When and how to discuss Settlement in your Litigation

Most litigations reach a point, sooner or later, when the parties discuss settlement. Nothing Said can be Used as Evidence New York’s civil procedure code (CPLR 4547) provides a very useful protection...

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Know your Rights – Merchant Cash Advances

Easy Money or Debt Trap? Merchant Cash Advances are often the small business owner’s last resort for cashflow. When an SBA loan or any other business loan is out of reach, Merchant Cash Advance...

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Access to LLC Books and Records

Picture this: You’ve been happily doing business with your fellow LLC members for some time now.  But now trouble is brewing on the horizon.  The other two members are ganging up on you and exclude you...

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Legal Mistakes to Avoid in Business Agreements

What kind of legal Mistakes should you avoid in Business Agreements? I’ve seen my share of dumb legal mistakes made by any type of business owner.  New and experienced business owners alike, remind...

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What goes into an Operating Agreement

An operating agreement is the document that sets forth the rights and obligations of the members of a Limited Liability Company.  Section 417 of the New York Limited Liability Company Law provides that...

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