Recently we discussed the bases you should cover in preparation of selling your business. After taking those important steps, which you can read more about here, you can list the business with a broker or another party who can let potential buyers know that you're...
Month: October 2014
Steps to take to prepare your business for sale
A good business plan includes an exit strategy. When you're ready to sell your business, a number of crucial steps have to be taken to get the best possible return and protect against future liabilities. Those steps include preparing your business for sale,...
Disability-access claims against businesses on the rise
In November 2013, the Eleventh Circuit Court of Appeals found that a person who isn't a patron of a business can sue that business for failure to provide access to people with disabilities. The court's ruling cleared the way for serial "testers" to bring...
Lawsuit: Orange County Register failed to pay Los Angeles Times
Some Orange County Register subscribers didn't receive a paper for days after the company switched delivery services in early October. According to the owner of the Register's parent company, Freedom Communications, the change came after The Los Angeles Times, which...
Protecting against liabilities with comprehensive business planning
In all aspects of life, the decisions we make now will have qualitative and quantitative effects in the short and long terms. The same goes for business. Attorneys at Shulman, Hodges & Bastian LLP have a wealth of experience in negotiating and drafting sound...
Judge: GT Advanced bankruptcy details to remain confidential
Investors and creditors were hoping for more information on the recent Chapter 11 bankruptcy filing by GT Advanced Technologies Inc., which had plans of manufacturing synthetic sapphire for use in Apple Inc.'s new smartphone screens. However, a confidentiality...
Avid accuses California business of unfair competition
Protecting intellectual property and trade secrets is a key to continued success for many California businesses. Threats of illegal use of intellectual property can come from multiple directions, and business owners should have a legal team that is prepared to handle...
Change in Reporting Requirements for Companies which may be in Financial Distress
We have recently been advised by our friends at national accounting firm Hein & Associates of a recent change in reporting requirements for companies which may be in financial distress. As you may be aware, CPAs follow standards published by the Financial...
Entity Records to Retain for Due Diligence Review
Whether it is the sale of a business, bringing in a new investor or taking out new financing, your company's records will most likely be reviewed as part of the "due diligence" process. Documents will also be needed to back up representations your company will most...
Small business owners in California look to stop frivolous lawsuits
If you own a business in California, then you probably have a reasonable expectation that at some point your company will be involved in a legal dispute. With the help of a business law attorney, you may be able to resolve the matter in a cost-efficient way without...