Corporate structures provide many benefits, from liability and asset protection to tax benefits. However, developing effective corporate governance strategies is crucial to ensure your company operates at maximum efficiency and profitability. Our North Carolina business attorneys discuss the importance of corporate governance strategies...
Category: Business Law
Essential Clauses to Be Aware of When Drafting Commercial Contracts
Well-drafted commercial contracts are an essential element of operating a successful business in North Carolina. Business owners entering into contracts without legal advice may find their rights restricted. Worse yet, the contracts may contain costly mistakes that result in time-consuming, expensive business litigation.
In this blog, our...
The Complex Legal Process of Selling a Medical Practice
Selling a medical practice is often more complex and time-consuming than selling other types of businesses. Navigating the legal and business intricacies of such transactions requires careful planning and expert guidance. This is where a North Carolina business attorney can play a critical role, providing valuable insights and ensuring a smooth...
Tax Implications When Forming a Business
If you are looking to start your own business, it’s important to consider your tax obligations. With nearly a dozen different entity options to choose from in North Carolina, you will have to factor in taxes when determining how much startup money you will need. From a numbers standpoint, tax implications...
The Discovery Process in Commercial Litigation Cases: What You Need to Know
Discovery is a specific phase of litigation that generally begins after a complaint is filed and the parties have exchanged their initial disclosures. During this stage, the parties exchange information and learn more about their claims and defenses.
Any non-privileged item that is proportional to the needs of the...
How Important Is Having a Lawyer for Commercial Transactions?
Most of us define a “transaction” as simply buying something from a store. In a larger sense, consider a commercial transaction. A commercial transaction encompasses a wide range of business activities. Whether you are buying a company, looking for tax breaks for your existing company, looking for help with licensing, or many...
Legal Challenges in Mergers and Acquisitions
The field of law known as M&A (mergers and acquisitions) is a fascinating one and any owner of a small or large business should understand its basic principles if they have any thoughts of combining their company with another company.
A few definitions: If you want to simply...
Transferring Your Business to Your Children – Where to Start
Many small business owners intend to transfer their business to their children. They work hard to build a successful company to pass down to future generations. In this blog, our North Carolina estate planning attorneys discuss several ways to transfer your business to your children, including the benefits of business succession...
Negotiating Business Contracts: Tips for Success
Contracts are used in all areas of business. Mistakes and errors in a contract could result in costly litigation and liability. While it is crucial to work with an experienced North Carolina business attorney to draft ironclad, comprehensive business contracts, it is equally important to negotiate contract...
Understanding the Role of Mediation in Resolving Commercial Disputes in North Carolina
When commercial disputes arise in North Carolina, litigation may seem like the only option. However, alternative dispute resolution (ADR) methods, such as mediation, offer a more efficient and cost-effective way to resolve conflicts. For expert guidance through the complex commercial dispute resolution process, our North Carolina commercial mediation attorneys can provide...
