May 12, 2020
The Coronavirus Pandemic has affected more than just jobs. Business deals that were struck just a couple of months ago are unraveling, and for good reason. In this short, 3-minute video, I touch on a couple of legal terms you may be hearing in the news … that might be useful for you as you look at your own contracts and obligations. Material adverse effect. This is coming up in the Victoria’s Secret/Sycamore deal collapse. Force majeure. This was very common in the aftermath of September 11th. If you are a solo or small firm owner who’s in a deal that’s onerous right now because you have little or no cash flow – NOW is a great time to try to renegotiate with those contract partners and parties. Review your contracts and talk to your business attorney about whether those clauses are in your agreements and might provide negotiating leverage — so you can find some financial relief in these challenging times. (And if you don’t have them in there, consider adding them in the…
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I know first-hand that running a knowledge-based service business has unique challenges. It’s so much easier when you have an advocate in your corner. Over the past 25 years, I’ve worked with thousands of New York business professionals who want a legal advisor to guide and support them as they navigate the business world.
With wide-ranging experience as a business attorney, strategist, and media authority, I bring the added power of a business lens to the legal issues my clients are facing.
And because I’ve been a business owner myself, I’ve lived through the soaring highs and devastating lows – like when my first law firm failed. So I understand what’s involved to serve great clients, detect business risks early and build a true legacy.
I can’t get those 12 years back. That’s why I have made it my mission to ensure that business professionals like you can become wise and discerning leaders, build a solid business, and live your best life.
