Partnerships offer a number of advantages over other business arrangements, including the combined efforts and skillsets of two or more partners. But like any other business, there is a chance that the partners will disagree with or misunderstand each other. This could quickly explode into a full-fledged dispute that may threaten to...
Category: Business & Corporate
Essential Items For Your Massachusetts Business Contract
Every business owner understands the value of solid contracts. These agreements govern relationships both within your company and between your company and other parties, protecting the rights of your organization in the process. Not all owners know which terms should be included in the contracts they use, however. Although every agreement...
FTC Proposes Rule to Ban Noncompete Clauses
The Federal Trade Commission proposed a new rule potentially banning employers from imposing noncompetes on their workers. By stopping this practice, the agency estimates that the new proposed rule could increase wages by nearly $300 billion per year and expand career opportunities for about 30 million Americans.
Massachusetts...
Key Elements Of A Shareholder Agreement
A shareholder agreement, sometimes referred to as a stockholder agreement, is an understanding among shareholders that spells out how a company is to be operated. Moreover, the shareholder agreement includes provisions that govern the shareholders’ rights and responsibilities. These contracts are critical to ensuring that the best interests of shareholders are protected...
Important Steps To Take When Buying A Business
Purchasing a business should rightly be viewed as a process, rather than a one-time event. There’s too much at stake - your money, your time, and other opportunities you’ve chosen to forego - to rush through buying even the most appealing and profitable business. Our clients come to us seeking legal guidance...
Collecting Secured and Unsecured Debts as a Creditor
Collecting secured and unsecured debts as a creditor is no easy task, both because of legal hurdles and the difficulty of locating debtors and their assets. When deciding whether to pursue a debtor, the creditor must weigh the risks and expenses of litigation versus the potential payoff of collecting. Close attention must...
How To Prepare To Sell Your Massachusetts Business
For many business owners, there comes a time when the best decision is to sell the company and move on to the next stage of life. If you’ve reached the point where you’re ready to sell your business, there are a few important steps you need to take to do...
Common Remedies To A Breach Of Contract In Massachusetts
Breaching a contract can have significant legal repercussions for the party that is found to be in breach. And while most people assume that a lawsuit is an inevitable outcome, this isn’t always the case. Contracts are complicated and no two are alike. Because of the uniqueness of these agreements, there...
How An Expert Witness Can Help Your Patent Infringement Case
Patent infringement lawsuits involve a complex mix of law and technology. If you or your company have been the victims of patent infringement, or you’re defending against allegations of it, proving your case will require the input of expert witnesses. SederLaw has a network of trusted expert witnesses upon which we rely...
Business Continuity Plan
This guide discusses emergency preparedness and business continuity planning for private employers. It addresses the Occupational Safety and Health Act of 1970 (OSH Act) and its corresponding general industry standards, steps for effective emergency planning, employment law considerations, and strategies for continuing business operations.
1. Form an Emergency Planning Team
Select a...