Workouts and Out of Court Restructuring
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Workouts and Out of Court Restructuring
Things are changing fast for us all during this COVID-19 pandemic. The coronavirus outbreak is affecting millions of workers and hundreds of thousands businesses. Owners and managers are faced with a scenario most businesses and even senior seasoned businesspeople have not experienced before. From sudden and massive loss of revenues (or even permission to remain […]
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7 Steps for Taking Your Company to the U.S.
By Svetlana Kamyshanskaya, Primum Law Group If you think that the international expansion of your business will be complex, you are definitely not the first ones to tell us so! This article sets forth seven ‘Big Picture’ legal issues connected with your planned expansion – and they apply to all business activities and business models. […]
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Probable React Response – Force Majeure
Be Calmly Strategic, Not Reactive The response to COVID-19 of quarantining and social isolation has begun to impact virtually every aspect of global commerce – and it has not taken that long! Fast-changing business environments have brought a number of new challenges to virtually all business owners and managers. They may include a newly observed […]
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Bay Area Businesses Feel Major Effects of COVID-19
These are uncertain times with the stay-at-home and shelter-in-place orders becoming stricter and stricter, attempting to limit the spread of the novel coronavirus, COVID-19. While much focus has been on the inability of many people to earn wages due to their jobs being suspended, small business owners are also struggling if they cannot operate as […]
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Common Startup Mistakes
When you have an idea for a startup, it can be tempting to jump right in and start doing business. However, when you start a company in the wrong manner, it is much more likely to fail. The following are some common mistakes that startup owners make that can jeopardize their success. Skipping over the […]
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Resolving Contract Disputes
Businesses rely on contracts to operate. Owners and agents of a company enter into many different types of agreements, and adherence to these agreements by all parties is essential for everyone to benefit as they should. However, in some cases, parties can disagree about certain terms of a contract, or one party may accuse the […]
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California Labor Laws that Companies Should Know in 2020
At the start of each new year, many laws go into effect in California that were passed the previous year, and 2020 is no different. There are several laws becoming effective in 2020 that will affect any businesses that have employees. If you employ anyone, it is important to be in full compliance with these […]
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The Benefits of a Formal Business Entity
You do not have to take any formal steps with the state to begin conducting business. Many people simply begin offering a service, and start receiving money in exchange for that service. You could continue operations as a sole proprietor (one owner) or general partnership (more than one owner) indefinitely. There is no requirement to […]
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Does Your Business Need Non-Disclosure Agreements?
Companies of all types and sizes will have confidential information that arises in the course of business that is vital to the company’s success. It is generally necessary to share certain information with employees or partnering companies and contractors, which presents the risk they will expose the information or use it to their own benefit. […]
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Insurance Issues for Your Business
When you start a business, you have many decisions to make. What entity will you choose? Do you need a commercial space? Will you hire employees? What will be the terms of your operating agreement? While each decision gets you closer and closer to successful operations, you might not take time to consider every necessary […]
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