Most people don’t enter into a business partnership expecting it to end, but relationships can sour, problems may come to light, or even an unexpected economic downturn due to the COVID-19 pandemic can happen and necessitate dissolution. Though it sounds easy in theory, difficulties can arise if you and your partner failed to address dissolving […]

When negotiating a business contract, smart companies try to include all possible defenses in the contractual language to excuse nonperformance through force majeure clauses. In situations such as the unexpected outbreak of the coronavirus (COVID-19), companies find themselves unable to do business as usual, produce as promised, or deliver on agreed upon deadlines. New York’s […]

Buying or selling a business in New York can be very profitable for everyone involved – if you take the steps to maximize sale benefits and reduce risk of loss or liability. There are many steps to take that evaluate and address all parts of the transaction and omitting or mishandling any one of them […]

Contracts are the cornerstone of doing business in New York. Entering one means you and the other party agree to fulfill certain obligations to each other. Though some contracts may be created informally through a handshake or orally, they are ideally well-negotiated written documents that clearly define each party’s responsibilities. Whether you’re negotiating, reviewing, or […]