Monthly Archives: July 2006
Selling Your Business or Property with Seller Financing
Clients interested in selling an investment a property or a going business sometimes overlook the possibility of providing at least a portion of the financing in order to help the buyer “make the deal”. While seller-financing is sometimes not a good idea, there are many… Continue reading
The King’s English
John Dean will be remembered as perhaps the foremost “whistle-blower” during the Watergate hearings in the early seventies; but perhaps a more durable legacy was his introduction into the vernacular of the phrase point in time. He must have used it hundreds of times, and… Continue reading
Negotiating Personal Guarantys
If you own or are acquiring a small or medium sized business, you probably have been faced with a request from a bank or other creditor to sign a personal guaranty for credit extended to your business. Many business people do not realize that they… Continue reading
Using Communication to Collect
Every successful business will have a certain percentage of customers who do not pay their bills in a timely fashion. Most business owners would prefer that all customers pay within 30 days; after all, if your customers do not pay you, how are you going… Continue reading
Are you prepared to operate in the year 2000?
Although there has been more press recently about the so called “Year 2000 problem” (which is also called the “millennium bug” or the “Y2K” problem), there does not seem to be a clear understanding of what the problem entails.The Y2K problem results from date sensitive… Continue reading
Jones v. Clinton – Sifting Through the Debris
Litigation is rarely a tidy or expeditious process. Parties to lawsuits generally are impatient and angry not only at the other party but at the plodding and often very expensive system. All of the problems seem to be exacerbated with celebrity litigants, especially when the… Continue reading
The King’s English
The King’s English It probably comes to us from the Old West, the drawling cow-puncher, sidling up to the innocent maiden: “Ma’am, you look real pretty tonight.” Somehow a syllable, “ly”, fell by the wayside and seems irretrievably gone! One more bit of syntax erosion.To… Continue reading
Contracts with Key Employees
Employment relationships often are not embodied in a written contract between employer and employee. Instead, most employment is of an “at will” nature, terminable by employer or employee on a moment’s notice, with or without cause. Some employment relationships should be embodied in written agreements,… Continue reading
New Uses for the Old IRAs
Much of the press given to the changes in Individual Retirement Accounts (“IRAs”) in the Taxpayer Relief Act of 1997 has been directed at the new Roth IRA. However, there are other changes that benefit those who have existing “traditional” IRAs. The biggest change is… Continue reading
Five Practice Areas You Should Be Aware Of
Many of our clients have come to know us as a commercial law firm with strong emphasis on real estate, tax, corporate and financial areas of practice. This is certainly true; however, clients are sometimes surprised to learn that our practice touches other fields with… Continue reading