It's not even binding (and other myths)
In many large transactions like a business sale, the letter of intent or a term sheet is a non-binding first step to start negotiations....
In many large transactions like a business sale, the letter of intent or a term sheet is a non-binding first step to start negotiations....
I recently consulted with a client who formed a legal entity using an online service and now has a myriad of problems as a result: 1. She...
In my last post I mentioned Sam, who is starting a new tutoring business and was not sure if he needed an LLC or if he could operate as a...
I recently had a call with Sam, who is thinking of starting his own home-based tutoring business. He asked me if he should form a legal...
Jay is ready to hire a software developer to create a new platform for his investment firm, and engaged me to review their 20-page...
The law doesn’t require contracts to be in Legalese. The owner of a logistics company spent weeks negotiating each contract because the...
Keith is a business consultant with an established practice. He was having problems with a customer who habitually paid late, recently...
Stephanie is an HR consultant who’s been having a hard time getting one of her clients to pay. After I saw her proposal, I could tell...
My clients Judy and Tracy are forming an accounting firm together and found an operating agreement online. They asked me if it was good....
Billy and Marcy want to sue their business partner Jack because Jack took out a loan the company couldn’t afford to pay, and now the...