The sale of any ongoing business, even a sole proprietorship, can be a complicated transaction. The buyer and seller (and their attorneys) must consider the law of contracts, taxation, real … Continue reading “The Sale of a Business”
Business Law Blog
The Regulation of Employment
The law relating to the employment relationship is based on the law of agency. Agency is a relationship based on an agreement authorizing one person, the agent, to act for … Continue reading “The Regulation of Employment”
Laws Governing Labor-Management Relations
There are four main federal laws that form the basis of labor law and unionization: the Norris-LaGuardia Act of 1932, the Wagner Act of 1935 (also known as the National … Continue reading “Laws Governing Labor-Management Relations”
E-Commerce
The term e-commerce or e-business basically means doing business on the Internet. The laws regulating the Internet and doing business online are still evolving. Electronic transactions fall into two general … Continue reading “E-Commerce”
Bankruptcy
The philosophy of the United States bankruptcy laws is to allow a debtor who has gotten hopelessly in debt an opportunity to start over and to provide for appropriate distribution … Continue reading “Bankruptcy”
Environmental Law
A nuisance exists when the activities of one landowner interferes with the use and enjoyment of the property of another landowner or the community. Nuisances can be such things as … Continue reading “Environmental Law”
Wills, Estates and Trusts
A last will and testament is a declaration by which a person, the testator, names a person to manage his estate (an executor) and provides for the transfer of his … Continue reading “Wills, Estates and Trusts”
Leases
The agreement by which one party holds possession of the real property owned by another is a lease. The person who owns the real property is known as the lessor … Continue reading “Leases”
Real Property Law
Real property includes: land, buildings and fixtures, and rights in the land of another. Land means more than the surface of the earth. It includes the soil and all things … Continue reading “Real Property Law”
Management of the Corporation
Sometimes, actions that benefit a corporation as a whole do not coincide with the separate interests of the individuals making up the corporation. In considering those situations, it is important … Continue reading “Management of the Corporation”