Business Law

These days, it seems like everyone in the world is engaging in e-commerce. The dry cleaners you have been using for years may suddenly accept Bitcoin as a form of payment. Similarly, the family-owned pharmacy down the street may have created a website to allow people to make purchases online and pick...

Liability is a serious concern for any business owner. If your business negligently harms someone, you could be the target of a personal injury lawsuit. Such a lawsuit could be crippling even for large businesses. For small businesses, it could be a death knell.

As bad as a...

Insurance coverage is essential in any business. Smaller businesses, in particular, often start with a Business Owner’s Policy that provides blanket coverage for common occurrences like losses, property damage, and lawsuits.

Depending on the size and type of business you have, you might also carry insurance specifically for things...

Commercial lawsuits between businesses and consumers, vendors, suppliers, competitors, or other organizations can be lengthy and expensive. They can interrupt business operations, impact productivity, and damage a company’s reputation.

Regardless of the type of dispute, going to court is often the worst-case scenario. However, there are other options. If...

Perhaps one of the most important pieces of advice for entrepreneurs and small business owners is to ensure that everything is put in writing. Contracts and agreements are essential to protecting yourself and your business interests against future uncertainties.

Unfortunately, the excitement of starting a new business with others...

Buy-sell agreements are intended to prevent disputes, but in practice, they often become the source of litigation. In Nassau County, business disputes and lawsuits frequently arise when buy-sell provisions are unclear, outdated, or triggered under contested circumstances. Understanding how these agreements can break down helps business owners anticipate and respond to...

In the business world, owners and officers are entrusted with incredible powers over the business’s assets. To keep those with the power to bring about great benefit or great harm to a business accountable, the law imposes on them a fiduciary duty. 

This duty requires these individuals to...

Contracts are an essential element of running an efficient and profitable business. However, eventually, contractual agreements often lead to issues, disagreements, and even legal action. If you’ve become aware that another party is planning to break their contract, you have an anticipatory breach of contract on your hands. 

Most business owners have enough on their plates, and they certainly do not need to look for additional problems. Unfortunately, scam artists and fraudsters tend to target small business owners because they know that, most times, they’re more susceptible to being taken advantage of. 

If you own or run...