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...
Category: Business & Corporate
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...Four Elements of a Non-Compete that Can Trigger Disputes
Covenants not to compete (Non-Compete) have become increasingly common in recent years. In fact, some argue that they have become too common, adversely affecting the economy and creating unnecessary problems for both employers and employees.
These agreements can be vital to protecting a business' interests as long as they are crafted carefully and used...
Continue reading…
Choosing The Right Type Of Construction Contract
There is a lot of thought that goes into planning a construction project. Before you start looking at builders, you may spend a considerable amount of time deciding what you want to include in the project.
When it is time to start heading toward the negotiation table, it is essential to think about what type...
Continue reading…
The Big Print Giveth and The Fine Print Taketh Away
The term "boilerplate" is a word with has evolved over time to describe standard language in a contractual document that is often thought to have little or no legal significance. Typical boilerplate language is characterized as being in small print and located in obscure, unobtrusive areas of documents, such as the reverse side of...