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Many types of contracts have an arbitration clause, but should you include one in yours? Arbitration is a type of dispute resolution that happens outside of the courtroom when two parties come to a crossroad over a contract dispute. The ruling of an arbitrator can have the same weight as the ruling of a judge. Arbitration can be either voluntary or mandatory, which comes with advantages and disadvantages. Hence, it is of utmost importance that […]
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19 Jun '15
The JOBS (Jumpstart Our Business Startups) Act was passed in 2012 with the intention of making it easier for investors to fund small businesses. This legislation was largely seen as a victory for the small business community as well as for investors alike. The JOBS Act removed many SEC regulations regarding who could and could not invest in startups, in addition to when a business was required to go public. Before the passage of the […]
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Tough negotiations are part and parcel when it comes to buying or selling a business. All involved parties will do whatever they can to protect their interests in the deal, and all parties are responsible for taking the necessary steps to protect themselves throughout the purchase and sale process. If you are entering negotiations to buy or sell a business and approaching the phase in which you need draft the terms for an actual letter […]
