by Nina L. Kaufman, Esq. on March 27, 2015

Law Questions about Transfer of Ownership and Closing a Business

Many entrepreneurs have law questions about the process of transfer of ownership and closing a business. Sometimes, the transfer of ownership takes place in the context of a company merger or company acquisition. Other times, you may just be looking to sell a corporation, and that’s where a stock transfer takes place. Want to know […]

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by Nina L. Kaufman, Esq. on March 26, 2015

Web Design Legal Horrors

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Few aspects of marketing are as crucial to a company’€™s identity than its website. And fewer marketing vehicles can become as much of a money pit and time suck as . . . a website. It’€™s a never-ending process of evolution, a frustrating “€œwork in progress.” Just when you think you have it figured out, […]

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by Nina L. Kaufman, Esq. on March 25, 2015

Hot Twitter Resources for Small Business Development

As an entrepreneur, you learn quickly that you can’t know it all–and that you need resources for your small business development.  Where can you find them?  Well, amid the noise that can be Twitter, people are compiling lists of experts in various entrepreneurial subjects that can support your small business development. I was honored–and occasionally, […]

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by Nina L. Kaufman, Esq. on March 24, 2015

How can you transfer stock between directors of a corporation?

Q.:  In a privately held company, is it necessary for a stock transfer between two directors to be approved by the shareholders?   A.:  Under most state laws, shareholders have the right to approve (or disapprove) any transferring ownership is involved, including a stock transfer.  If the company has multiple classes of stock, the shareholders’ […]

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by Nina L. Kaufman, Esq. on March 23, 2015

Basic Training: C is for Creative Accounting

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In these times of dire economic predictions, here’s a bold query from someone with a little too much cash on her hands. [And yes, I skipped “B”] Q.: It seems as though the larger my company gets, the more profit we show and the more money I just hand away to the government. What are […]

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by Nina L. Kaufman, Esq. on March 22, 2015

Basic Training: Is Selling Replicas Kosher?

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I like street fairs as much as the next gal (maybe more!), but can Kate Spade r-e-a-l-l-y be selling those charming handbags for only $10? Q:  Is there any way I can I sell replicas legally in the United States?  How can I be sure I’m being protected? A:  It is absolutely illegal to sell […]

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by Nina L. Kaufman, Esq. on March 21, 2015

What are buy-sell agreements meant to accomplish?

Now I’m not going to summarize the whole of Christopher Mercer’s book on Buy/Sell Agreements for you, but he raises a lot of valuable points that bear repeating (and sharing). First is an answer to that very question: why bother with a buy/sell agreement? Because, as Mercer writes, “they are designed to provide objective means […]

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by Nina L. Kaufman, Esq. on March 20, 2015

Avoiding Costly Employee Lawsuits

Whether it’s the slow economy or the plethora of employment laws, statistics show that employee litigation is on the rise. And whether the employee ultimately wins the case or not, the employer always loses. Businesses are getting battered for a range of complaints including sex, race, and religious discrimination, harassment, and wage quarrels. By some […]

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by Nina L. Kaufman, Esq. on March 19, 2015

Basic Training: Rights to Software (or other IP) Distribution

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Q: My company is into trading of plastic and software products. I have tied up with an individual in London who owns copyright on a security software. I would like to be his distributor for African and Asian regions, as I have resellers in those regions who have orders for the same. My question to […]

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by Nina L. Kaufman, Esq. on March 18, 2015

Small-Small Partnerships Equals Big Returns

From Entrepreneur.com (via MSNBC.com), comes Chris Pettila’s article on how partnering with other entrepreneurial companies can help all of you “bulk up and throw your collective weight around.” The article discusses one company’s desire — that of Topics Entertainment — to get a bigger piece of the children’s educational DVD market.  It came up with […]

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