by admin | Jan 8, 2008 | Business Transactions
Maintain protection for your non-business assets. An important reason for creating a business entity is to protect the owner’s non-business assets if the business fails. A business owner must be vigilant to assure that protection is maintained. Avoid giving a personal...
by admin | Jul 13, 2007 | Business Transactions
What happens if an owner dies or becomes disabled? A written Agreement among business owners concerning what happens following the death or disability of one of them is critically important for both the family of the deceased/disabled business owner and the remaining...
by admin | Jan 15, 2007 | Business Transactions
If you are a Connecticut company be cautious about choice of law provisions in any business Agreement you enter. Almost all business Agreements contain language that says the law of a particular State governs the interpretation and enforcement of the Agreement. Since...
by admin | Jul 13, 2006 | Business Transactions
Arbitration provisions in business agreements can be helpful, but need to be thought through with care. Traditionally, legal disputes between two parties have been resolved by a judge or jury in a court proceeding. Increasingly, however, parties in business...
by admin | Jan 22, 2006 | Business Transactions
Carelessness about respecting the separate identity of the business entity can lead to personal liability of the owner. In 2005, there were several Connecticut Appellate Court cases in which creditors attempted to impose personal liability on the owner of a business...
