How to Sell a Business in New York
If you’ve decided to sell your business, you have a few options available for doing so. Each one depends on several factors including how fast you want the sale to be completed. Regardless of how you sell the company, it must be done correctly so your rights and interests are protected. Selling a business can […]
What to Bring to Your First Meeting With a New York Business Lawyer
Business owners are well aware of the financial and economic challenges they will face. Not as many are prepared to handle emerging legal issues. However, meeting with an attorney to discuss such matters can help your organization mitigate risks and avoid disastrous litigation. What should you bring to your initial consultation with a New York […]
Advantages of Arbitration Over Traditional Litigation
If your business has a legal dispute with another party, you may be wondering if arbitration is a good idea. Assuming it’s an option, you should explore the advantages this alternative dispute resolution method offers. The New York business lawyers of Rosenbaum & Taylor are here to advise you on the benefits of arbitration. Our […]
What Is Tortious Interference With Contract in New York?
Contracts are key to reliable, profitable business relationships and indeed the economy as a whole. Without contracts, little business would get done because nobody would trust anyone else to keep their promises. Because of how critical contracts are to the business world, the law goes to great lengths to protect them. One way this is […]
What Is Misappropriation of Business Trade Secrets?
Trade secrets give a business considerable market advantage, which translates directly into the company’s profitability. Businesses often invest significant time, money, and other resources into developing and protecting these secrets. If a competitor or third party steals these secrets, it will jeopardize the company’s health. However, the business does have legal recourse to seek damages […]
Legal Issues That May Arise When Offering Employment
You’ve reached the point where your business is growing and moving in the right direction. It’s now time to think about adding new members to your team. And while hiring may seem like a fairly simple matter, there are legal considerations involved. This is where the employment offer must be carefully handled. If your business […]
What Must Be Proven in a Breach of Contract Lawsuit?
Filing a breach of contract lawsuit is a serious matter. If you’re the plaintiff, your legal rights – including the right to monetary damages – hang in the balance. Meanwhile, as the defendant, you could be ordered to pay significant damages if you lose. No matter what side you’re on, a lawsuit could damage your […]
What to Consider Before Entering Into a Business Partnership Agreement
Business partnerships offer a wealth of advantages, combining the talents and resources of two or more individuals. But they are not without risks and largely for the same reasons. It’s one thing to operate a business enterprise on your own, with nobody else to get in the way. It’s a different ballgame when two or […]
Should I Franchise My New York Restaurant?
Running a successful restaurant is no simple task, considering the intense competition that exists within the industry. If you’ve managed to make your operation profitable, you’ve accomplished something remarkable. That may naturally raise questions about what your next steps should be, including whether to franchise your restaurant. Franchising can be arduous and challenging, but the […]
What Is Promissory Estoppel and How Might It Affect Your New York Business?
Contracts are the backbone of the business world, giving parties assurances that certain promises will be fulfilled. But what happens if there is merely an “agreement to agree” rather than an actual contract? While such an agreement is not enforceable as a contract, it can give rise to another legal doctrine: promissory estoppel. And an […]
