For startups in Massachusetts, protecting intellectual property (IP) is more than a legal formality—it’s a critical step toward building a strong foundation for growth. The innovative energy driving new businesses in the state makes it vital to secure ownership of your ideas, inventions, and creative works. Whether you’re launching a tech company...
The Corporate Transparency Act (CTA), which went into effect in January 2024, is intended to help the government fight various illicit financial activities like money laundering and tax evasion. If you are a business owner, you need to understand that the...
Forming a partnership is one of the best ways to conduct business. It allows owners to pool their resources and knowledge so they can work together for the benefit of each other and the company. By the same token, many partnerships have fallen apart due to conflict and disagreements. Partnership disputes are...
The Massachusetts Legislature has adopted a new law providing for pay transparency, which is denominated as Chapter 141 of the Acts of 2024. On July 31, 2024, the Governor, Maura Healey, signed this Act.
Introduction
If you’ve built a successful business, the time may come for you to franchise it. Although franchises are excellent opportunities for a business to reap substantial rewards, many of them end up failing. It is imperative that the company’s owners know the risks as they thoughtfully make the decision to franchise. Below...
The Federal Trade Commission (FTC) recently announced a final rule banning the majority of non-competition agreements, and you may be wondering if and how this change will impact your business. This alert is intended to be a general summary of what to expect with the final Rule and to give the broad...
Summer internships are a great way for businesses to recruit young talent. Giving a college student an internship at your company allows you to get to know each other, and see if there is a possible fit for future full-time employment. With one of the largest pools of college and postgraduate students...
Corporate attorneys assist businesses with a myriad of compliance issues, including those that involve federal and state tax matters. Retaining experienced legal counsel can ensure your business does not run afoul of the often complex tax codes that the IRS and Massachusetts Department of Revenue (DOR) expect companies to follow. We bring...
In a recent judgment delivered by the Superior Court’s Business Litigation Session, attorney James A. Vevone II of Seder & Chandler, LLP, achieved a notable victory for his client in a case concerning the right of first refusal related to the acquisition of a railroad company. This legal challenge centered on...
On January 1, 2024, new registration and reporting obligations for businesses and business owners under the Corporate Transparency Act came into effect.
With certain limited exceptions, business entities (corporations, limited liability companies, partnerships, and similarly formed entities) must provide business ownership information to the U.S. Department of the Treasury's...
