Exclusive licensing deals can be a powerful tool for the growth of your business. They offer unique advantages and higher profits. However, they also come with hidden legal risks. One wrong move could turn a smart move into a costly mistake. Many business leaders...
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Can kinship bias be considered tortious interference?
To grow and expand your business, you strive to make connections with others. You build up your business relationships, aiming to move forward toward success and profit. However, sometimes, others knowingly discredit and break the relationships you build because they...
How can business executives manage their reputation after racketeering charges?
It was a seemingly ordinary day at work, but suddenly, you learned that your company was facing racketeering charges. Allegations of illegal activities, such as fraud, extortion or bribery, are serious, and their consequences can be devastating. The reputation you...
Legal considerations for global supply chain management
Businesses depend on an efficient and productive supply chain to succeed. Everything from planning to sourcing to production distribution, inventory management, logistics, and information flow must work in lockstep to maximize profit and reduce losses. Part of a...
What New York’s new LLC regulations mean for your business
If your business is a registered LLC (limited liability company) in New York, you may soon need to update your business records or even change your business structure. New legislation requires LLCs to disclose their beneficial owners to the New York State Department....
What NYC business owners need to know about environmental liability
As a business owner in the fast-paced world of New York City, it is easy to get caught up in your daily operations. But there is one threat that could bring your business to a sudden stop: environmental liability. Whether it is a spill, a leak or a catastrophic...
Protecting franchisors’ rights in complex franchise disputes
Building a successful brand requires tremendous effort, dedication and perseverance. From conceptualizing a unique business idea to developing a comprehensive business plan, creating a robust operations manual and securing necessary trademarks and patents, franchisors...
What to expect when you are under investigation for racketeering
Racketeering investigations can be a daunting experience for any business leader. Being in such a critical situation can affect your career and business. If you find yourself at the center of an investigation, it is crucial to understand the process and how to handle...
Implications of a material breach in multinational business contracts
Operating a business in multiple areas can be complicated, especially if it involves different countries. In this complex development, contracts serve as the foundation of every deal. A well-crafted contract outlines the rights, responsibilities and obligations of...
Alternative dispute resolution saves time and money
Most successful New York business owners have worked long and hard to get where they’re at. The last thing they want is to be tied up in litigation over a business dispute. Things like that can take a serious toll on a company’s bottom line. If a problem arises, it is...
