As our practice has grown and we represent more and more businesses, we are often asked whether the owners of a small business need to have a written agreement in place or whether a handshake is sufficient. If they do have an agreement in place, we are often asked whether it is sufficient, as well...Read More

Among the many other things that a business owner has to consider when starting a business, one of the most important things, if not the most important thing, that a business owner has to consider, is what legal structure is best for the business. In the beginning, there are many factors to consider.The most common...Read More

This week on the blog, we are spotlighting the litigation and dispute resolution services we provide to our clients.  Amongst the attorneys in our practice, we have over 40 years of litigation experience to call upon in serving our clients. Oftentimes, our litigation clients will contact us at a point in their dispute where a...Read More

The Federal Trade Commission (FTC) recently made headlines with its ban on non-compete agreements, which was issued on April 24, 2024. This decision marks a significant change and it is essential to understand the particulars. In this blog post, we will explore the key requirements outlined by the FTC and what they mean for employers...Read More

On April 6, 2024, the New York State Bar Association (NYSBA) Task Force on Artificial Intelligence released its Report and Recommendations to the NYSBA House of Delegates, in which the Task Force examined the “legal, social, and ethical impact of artificial intelligence (AI) and generative AI on the legal profession.”  Through its examination of AI’s...Read More

Starting a Limited Liability Company (LLC) is a popular choice for many entrepreneurs due to its flexibility and the personal liability protection it offers. However, many new business owners overlook a critical component that is vital for both the smooth operation and the future success of the business: the operating agreement. What is an Operating...Read More

It is understood that a business entity, such as a corporation or a limited liability company, is directed and controlled by the officers and members thereof.  These are real people making real decisions guiding the entity’s actions. Yet, the individuals themselves enjoy the corporate protections afforded to them by virtue of acting through the corporate...Read More

It is a common misconception that a member of a limited liability company (LLC) in New York can be expelled – non-judicially or judicially – by the other member(s) of the LLC for cause, for any reason, on any basis, at any time. Eh, not so fast. Let’s visualize a flow chart here for a...Read More

In the hustle and bustle of day-to-day operations, it’s easy for business owners (Amy and I included) to get caught up in the present moment. Yet, amid the daily grind, there’s one crucial aspect that often gets overlooked: succession planning. Whether you’re a family-owned enterprise, a small startup, or a large corporation, having a solid...Read More

For the month of February, our firm is going to be answering the Frequently Asked Questions (FAQs) that we get from our clients.  This first FAQ is one that routinely comes up during our initial consultation with our clients – “What do I need to provide to my attorney?” or “What documents do you need...Read More