Category: Business / Employment

Buying a Business

With the improving economy we seem to be witnessing an uptick in the sale and purchase of small and medium-sized businesses.  Banks are lending once again and potential buyers are more optimistic about the future of our economy.  Sale of business transactions virtually ground to… Continue reading

Exemptions from Attachment: A Last Resort for Debtors and a Planning Factor for Creditors

It is, of course, preferable not to be sued, and if you are sued, it is obviously better to win your case and not have a judgment entered against you.  The judgment itself is bad for your credit, but the execution proceedings that may follow… Continue reading

The New Year’s Checklist for Employers

The New Year is an opportunity for business owners to review various aspects of their business and to make changes to improve its operation.   One issue an owner may want to evaluate is whether it has an employee policy manual otherwise known as an employee… Continue reading

Pennsylvania’s New Public Works Employment Verification Act

Beginning January 1, 2013, a contractor or a subcontractor on a “public work” project in Pennsylvania must verify to the public body it is contracting with that it has checked the employment eligibility of its newly hired workers. As a precondition of being awarded a… Continue reading

Be Careful How You Sign Documents

  Sometimes we learn the simplest things last. Not doing those simple things can be costly.  One of the simplest rules of owning and operating a corporation or a limited liability company is to clearly sign papers and contracts as a representative of the business… Continue reading

Requirements Contracts

In the commercial setting, one type of contract that requires particular attention and input from the client is the so-called “requirements contract,” under which a supplier obligates itself to produce all of a particular buyer’s requirements for a given product during the term of the… Continue reading

Corporate Officers Making Personal Promises

It is a well settled rule of law that a corporation generally shields the actions of officers, directors and employees from personal liability when they engage in company business.  In fact, the main purpose of corporate formation is to shield an individual or individuals from liability… Continue reading

Labor Law Update

Beginning January 31, 2012, most private sector employers in the U.S. are required to post an “Employee Rights Under the National Labor Relations Act” poster.  This poster, which is required under a National Labor Relations Board Rule finalized last summer, provides a list of rights… Continue reading

The Importance of Diversification in Business

Diversification is a fundamental principle of prudent investing.  The old adage “don’t put all your eggs in one basket” prevented investors with a balanced portfolio from being destroyed during the 2008 economic downturn.  Those who had all their eggs in real estate, housing and certain… Continue reading

Employee E-Mail Privacy Rights

Whether you are an employer or an employee, it is important for you to know what the extent of your rights and limitations are regarding messages that are sent on employer – furnished computers.  There is an inevitable clash between employees’ right to privacy and employer’s… Continue reading