Sweat equity agreements…GONE WILD
wickadmin2022-03-30T12:05:48+00:00It’s not uncommon for one member of a company to contribute services as their capital contribution, while the other partner [...]
It’s not uncommon for one member of a company to contribute services as their capital contribution, while the other partner [...]
I’ve been working with lots of folks on registering trademarks and I thought I’d give you a glimpse of what [...]
You don’t keep your personal bank account and your business bank account separate. You cannot use your personal pay pal, [...]
This is the first in a three-part series of posts about Intellectual property. Intellectual property (“IP”) is property that is [...]
As I’ve discussed in previous posts, business owners should choose to form a limited liability entity. While it is true [...]
In part one of a two-part series on consumer laws, we discussed the Consumer Sales practices Act (“CSPA”) and reviewed, generally, some rules that businesses should follow to have their best shot at keeping compliant under the CSPA. However, because the CSPA is technical and nuanced and its application is somewhat complicated and very fact driven, it is typically necessary to consult with an attorney to make sure you are protected. If that option is out of reach, one way to get familiar is to seek guidance at the Ohio Attorney General’s website.
Why you need to understand the Consumer Sales Practices Act (“CSPA”) The CSPA is a series of laws that set forth many requirements that suppliers must follow in most commercial transactions.
Whether it is you bringing the lawsuit or whether you are the one being sued and finding yourself defending allegations in court, there are certain things you should understand and expect.
onfidentiality (non-disclosure) agreements can be a very important part of many transactions and professional relationships. The trick is to know when you need one, and to know under what circumstances it is appropriate to request that one be signed or to sign one yourself.
Commercial leases are very different from residential leases. They are typically set up so tenants cover things like insurance, property taxes, and maintenance. This structure is called a triple net lease. The tenant’s ability to negotiate can be somewhat difficult because landlords often want to offer their tenants the same rates. However, the market may help tenants negotiate more favorable terms if the space in question is not highly sought after. If that’s the case, a tenant could ask for more build out money or more parking spaces or even less base rent. Additionally, if a landlord has a need to fill a spot quickly, that can be a time to try to negotiate your best deal.