Getting venture capital can supercharge your business prospects, but it’s also a complex legal matter. There are certain laws you’ll have to be aware of or adhere to if you want the funding to be successful. In addition, there are certain steps you’ll have to take before investors will even look at your company. #1)…
Most of the time when we buy products they work more or less the way they were meant to work. They’re safe enough. They’re useful enough. And we use them without incident. Occasionally, manufacturers make false claims, cut corners, release products with design flaws or otherwise endanger consumers with products that aren’t built correctly. When…
You may have heard that the Mayor of NYC is encouraging private employers to require workers to get vaccinated. De Blasio called for “some form of mandate, whatever the maximum you feel you can do.” Across the country, major employers like Google and Tyson Foods have already taken this leap. For some employers, this may…
Every business needs different contracts depending on how they operate and what they do. Yet in general, most businesses will need to use the six contracts below. Shareholder’s or Partnership Agreements What they are: An agreement covering how the company is governed. Why you need one: If you and your partner end up in a…
For most industries, New York is an employment-at-will state. For the most part, an employer may terminate any employee for any legal, lawful reason. The trouble comes when an employee alleges that they were fired for reasons that were neither legal nor lawful. These would include being fired for discriminatory reasons, in retaliation for complaining…
The laws governing businesses can be complex. It’s no surprise that many new business owners cause themselves lots of legal problems just because they don’t know what they don’t know. If you want your business to survive in the long term you’ve got to be aware of some of these issues. #1) Failing to create…
Hiring employees comes both with certain rights, and with certain responsibilities. Some employers are tempted to try to circumvent these responsibilities by classifying employees in a way that seems more advantageous to them. It is important to classify your employees correctly the first time. Failing to do so can open your business up to significant…
Contracts are an important part of the business world. Most of the time, organizations live up to their end of a contractual agreement without incident. Both sides get what they wanted to get out of the agreement, and everyone walks away happy. Sometimes this isn’t the case. For whatever reason, one party is unable or…
On May 8th, 2021, thousands of Simple Bank customers were switched over to BBVA bank. For days after the switch, many consumers could not access their accounts. Customers were outraged. They had trouble receiving their deposit or paying their bills. They had trouble getting customer service representatives on the phone. Some customers immediately began discussing…
The Total Life Changes Class Action complaint has been brought on behalf of representative client Ricardo Santiago acting on behalf of himself and all other members of the class for damages and equitable relief against Total Life Changes. Total Life Changes is a MLM company which produces hemp-based and marijuana-based products. Specifically, they produced Iaso…