Factors to consider when choosing a business form – Part 2

Forming a corporation is no small undertaking. Yet there may be reasons for a family business or other form of equity ownership among individuals to make this choice. Limited liability and corporate forms are generally more conducive to raising capital because investors are shielded form individual liability. A corporation, with its accompanying organizational and formation...
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Could a commercial lawsuit bankrupt your business?

In a recent post, we described the consequences of a zoning challenge to a real estate project. However, a legal dispute can be equally devastating to a company's business operations. Small wonder, then, that a new type of safeguard has arisen: litigation funding. The model offers investment opportunities in commercial lawsuits, somewhat...
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Massachusetts Port Authority files breach of contract suit

Price is probably one of the first details that companies discuss when entering into contract negotiations. Similarly, price is also typically considered one of the essential elements of a business contract. Yet a recent lawsuit, brought by the Massachusetts Port Authority, demonstrates that even this detail can give rise to commercial litigation. According to the...
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What is the Massachusetts Consumer Protection Law?

Many businesses and individuals are not aware of the responsibilities and rights of the Massachusetts Consumer Protection Law. In fact, this law is often misunderstood or ignored by Massachusetts residents. When it was written, the law didn't give any business or person the right to sue. The only person who could do so was...
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Protecting a trademark

From a slogan to a company's name or logo, business owners are advised to take steps to protect the integrity and reputation of their business by ensuring that they take action to register a trademark. By doing so, a business owner retains sole ownership over the use of trademarked material and may choose to...

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