Dec 15, 2021 | Business & Corporate
A buy-sell agreement provides for the orderly transition of a business when unforeseen events occur. Imagine a scenario in which there are two women who co-own a business. One of the owners unexpectedly passes away. A few months after the co-owner’s passing, the...
Jun 24, 2021 | Business & Corporate, Coronavirus and business
Whether a business sale is structured as an asset sale or a stock sale, the buyer usually requires that all existing debt of the target company be paid in full prior to or at the closing. At the height of the coronavirus pandemic many businesses took advantage of the...
Feb 26, 2021 | Business & Corporate, Coronavirus and business
Whether a business sale is structured as an asset sale or a stock sale, the buyer usually requires that all existing debt of the target company be paid in full prior to or at the closing. At the height of the coronavirus pandemic many businesses took advantage of the...
Nov 16, 2020 | Business & Corporate
At a business association dinner last fall, I introduced myself to the gentleman sitting next to me. He was a retired business executive, now offering his substantial expertise to new entrepreneurs as a SCORE volunteer. When I told him I was a business lawyer, he...
Jun 8, 2020 | Coronavirus, Coronavirus and business
On Friday, June 5, 2020, President Trump signed into law the Paycheck Protection Program Flexibility Act of 2020 (the “PPP Flexibility Act”), amending several provisions of the CARES Act. The PPP Flexibility Act provides borrowers with greater flexibility in how they...