This post was written by LeRoy Metz. In a fascinating recent case the U. S. Tax Court taught another lesson on how taxpayers can entangle themselves in the tax web. In this case a father [...]
Available Remedies for Claims of Minority Shareholder Oppression in Closely-Held Businesses
In Risk Mitigation PostedThis post is was written by James Angelo. Starting a business with family members or a collection of close friends always seems like a good idea at first. But both success and adversity can [...]
This post was written by Steve Seel. The Irrevocable Spousal Trust (“IST”). The Irrevocable Spousal Trust (“IST”) is an irrevocable trust created for the lifetime benefit of the grantor’s [...]
Responsibility for Voided Manufacturer Warranties in Construction
In Construction & Commercial Roofing PostedPart I: Introduction and An Owner’s Preliminary Considerations A product warranty is a qualified promise made by a manufacturer that a defective product will be repaired or replaced if the [...]
All businesses, inevitably, will have customers which experience credit issues or may even file for bankruptcy protection. Once a bankruptcy case is filed, all collection activities against the [...]
On January 22, 2019, the United States Supreme Court unanimously held that “secret sales” of an invention subject to confidentiality provisions can invalidate patent rights under the “on-sale [...]
Limiting Liability Through the Roof Warranty (Part One): Prorated Warranties
In Construction & Commercial Roofing PostedUtilizing a prorated or pro rata roofing warranty as part of your standard terms and conditions is an excellent tool to mitigate risk and limit liability in the event of a major roofing [...]
Has a customer ever asked you to use construction drawings from another job? Or have you found out that another contractor was using your drawings? This can be a very frustrating situation – and [...]
Use Caution When Entering into Staffing Agency Agreements for Temporary Roofing Workers
In Construction & Commercial Roofing PostedRoofing companies grappling with a shortage of workers may turn to temporary staffing agencies for workers. Companies should make sure that the contract between their company and the staffing [...]
If Potential Environmental Problems Are Standing in the Way of a Transaction, Consider Environmental Insurance
In Corporate Issues, Risk Mitigation PostedPersons looking to buy or sell businesses or real estate are often stymied by suspected environmental liabilities, but overlook environmental insurance as a possible solution. A product that has [...]
