Articles
Know How to Fold ‘Em: Steps for Properly Dissolving Your Company
How To Properly Dissolve A Company There may come a day when your business must close its doors. Every business owner dreams of a generational company that can be passed on, but the reality is that many fail. You can find statistics floating around the internet of...
Rolling Out the Ohio Medical Marijuana Program – When and How the Industry Will Take Shape
Medical marijuana has made a surreptitious entrance in the state of Ohio. First coming up for vote in 2015 and being struck down, then being written into law the following year, the true shape and breadth of the Ohio marijuana industry are only now coming to light. So...
Should You Make Mandatory Arbitration Part of Your Business Contract?
Previously, we introduced alternative dispute resolution and reviewed the approach to mandatory mediation clauses in business contracts. Arbitration is, of course, the other main body of ADR. And like mediation, arbitration can be written into a business contract in...
Mediation Clauses in Your Business Contracts and How They Can Help Or Hurt
Dispute resolution has a favorite son, and despite Americans’ litigious nature, it’s not the courtroom. Alternative Dispute Resolution, or ADR, is a combination of the informal mechanisms of mediation and arbitration which provide an alternative to trial and alleviate...
Doing Business in the Age of Marijuana – Part 2
In our last article on the marijuana industry, we discussed the risks of doing business and why many just say, “no.” The obvious counterpoint to playing it safe is the untapped potential of a promising industry still in its infancy. It’s much like a new-age gold rush,...
Doing Business in the Age of Marijuana – Part 1
You may not notice it, but there’s a standoff escalating around us. It involves vast amounts of money, drugs, culture, illness and health. State by state, the lines of alliance are being constantly redrawn around perhaps the biggest emergent industry of this...
Agreements to Agree: What Can You Rely On?
There are plenty of reasons for “agreeing to agree.” The future is hard to forecast; we don’t want a hang-up to impede a venture in the here-and-now; and a dozen others. I don’t need to tell you that this invites uncertainty into your business relationships. But at...
Making a Choice of Law for Your Business Contract
Each state has its own local laws which control how businesses can operate, how business partners can cooperate, and how disputes over contracts are settled in court. Interestingly, business relations have the ability to choose which state laws they want to govern...
When Should You be Added to Your Vendor’s Insurance Policy?
Vendors and other independent contractors should be covered by Commercial General Liability (CGL) and Professional Liability Insurance (PLI) policies, which protect them against the consequences of accidents, errors and omissions, mistakes, and oversights when...
Setting Up to Sell Your Business
Selling a business is much like selling any other big-ticket item. You wouldn’t sell your house, for example, without appropriate renovations, understanding your property value and the market at large, and assembling the right team to facilitate the sale. The same is...
Recent Articles
- Know How to Fold ‘Em: Steps for Properly Dissolving Your Company
- Rolling Out the Ohio Medical Marijuana Program – When and How the Industry Will Take Shape
- Should You Make Mandatory Arbitration Part of Your Business Contract?
- Mediation Clauses in Your Business Contracts and How They Can Help Or Hurt
- Doing Business in the Age of Marijuana – Part 2