Category Archives: Business / Corporate Law
For many years, preeminent employment lawyers and business trade groups had advised businesses to ensure that the payments made to 100% Commissioned Inside Sales Representatives are at least equal to or greater than minimum wage for the first 40 hours worked each week plus one-and-a-half times the minimum wage for each hour worked over 40 hours… Finish Reading MA SJC Made 100% Commissioned Inside Sales Reps a Risky Bet
Effective on October 8, 2021, enhancements to the COVID-19 Economic Injury Disaster Loan (“EIDL”) program were implemented and announced by Administrator Isabella Casillas Guzman of the U.S. Small Business Administration (“SBA”). Although states have reopened nationwide, financial uncertainty continues to exist for many American businesses. As a result, the SBA released Frequently Asked Questions on… Finish Reading Your Business is Essential: Fall 2021 Update–Covid19 relief for U.S. Small Businesses
INTRODUCTION: There has been quite a bit of noise around a federal statute that immunizes website and mobile application owners and operators from liability for certain conduct. This statute is 47 U.S. Code Section 230 “Protection for Private Blocking and Screening of Offensive Material” or more commonly known as “Section 230” of the Communications… Finish Reading Section 230 Immunity Has Its Limits
DECISION: A Pennsylvania Federal Court just dismissed a lawsuit brought by a group of restaurateurs (this is the correct spelling) seeking to force The Hartford Insurance Co. to provide business interruption insurance coverage related to COVID-19 and government closure orders. The Court dismissed the lawsuit this week. In dismissing the lawsuit, the Court concluded… Finish Reading Business Interruption Insurance Case – Lansdale 329 Prop LLC et al v The Hartford Ins
Determining how much to pay your employees can be difficult. On one hand, you want them to be happy and able to support themselves; on the other hand, you want to keep as much of the profits as possible. Luckily, the law provides some sort of guidance. The Fair Labor Standards Act (FSLA) of… Finish Reading Massachusetts Wage and Hour Laws: Minimum Wage
As a small business owner, you may have co-owners, partners, or employees that you have authorized to do basic functions such as signing checks on the company’s behalf, making deposits, or even doing basic online banking. However, whether you trust them to act in good faith may not be the only obstacle when deciding… Finish Reading Do You Know Your Bank Signatories?
Phantom income occurs when there is revenue that is reported to the IRS by an entity for tax purposes, but the entity or the individual never actually receives any income. For “pass-through” entities, where income and subsequent losses are passed through to the owners of the company (as opposed to the entity itself), this… Finish Reading The Risk of “Phantom Income” as a Small Business Owner
Electronic signatures are becoming increasingly more popular as technology evolves and people are looking for ways to become more efficient. The idea of being able to type your name into a computer instead of having to sign a physical document and send to different parties is very appealing, as it saves time, money, and… Finish Reading Is my DocuSign Signature Enforceable?
Commercial tenants are often under the mistaken belief that their are non-negotiable except for the rental rate and lease term. “Large-space” commercial tenants, especially, have more flexibility in negotiating their leases and should take advantage of that. One of the most important, and often overlooked, terms in a commercial lease is the Termination Clause.… Finish Reading Protect Your Business Before You Sign a Commercial Lease
Most small-business owners in Massachusetts understandably maintain accounts at nationally recognized and reputable banks. However, clever business litigation lawyers would suggest small- businesses avoid these types of accounts. During litigation, both parties focus on winning arguments and having courts rule in their favor. Unfortunately, lawyers who have experience winning judgments quickly learn that winning… Finish Reading Small Business’s Assets Are Protected Best By Local Banks