For foreign companies, the United States can represent a significant market opportunity for international expansion. Unfortunately, regulatory requirements that were less stringent than those of other developed countries have also made the US an attractive target for bad actors seeking to launder money and fund illicit activities through anonymous shell companies. More than two million…
Putting together a deal for one company to purchase another is always a complex proposition. Balancing sale terms so that risk and reward meet each party’s expectations and completing the necessary legal transactions require careful attention to detail, comprehensive knowledge of the applicable law, and a deep understanding of the goals of the acquiring company…
When one company buys another, or two companies merge, each has expectations regarding the potential success of the future company, the quality of the assets being purchased, the level of risk they’re assuming, and many other issues. Because mergers and acquisitions (M&A) are complicated transactions, involving multiple parties and assets, these expectations are expressed as…
This is Part 2 in a series I have written on the use of QSBS in estate planning. Part 1 focused on what is qualified small business stock. QSBS & Non-Grantor Trusts If a business has qualified small business stock under IRS Section 1202, the benefits of QSBS can be expanded on with the effective…
This is Part 2 in a two-part series about LLCs. In Part 1, I covered “Why People Should Create LLCs?” How should I setup my LLC? Once you know why you need to create an LLC, there are a number of considerations that go into how to set up your LLC to maximize asset protection….
This is Part 1 in a series I have written on the use of QSBS in estate planning. Part 2 focuses on using non-grantor trusts to further leverage QSBS in a future liquidity event. What is Qualified Small Business Stock and Why Is It Important? Shares of a “qualified small business” (as defined by the…
This is Part 1 in a two-part series about LLCs. In Part 2, I cover how to setup an LLC to maximize asset protection. Why do People Create LLCs? If you own a rental property, it is strongly advised that you create an LLC. I’m going to give you 3 reasons why, but before that…
Bridge Law LLP partner, Simon Khinda, has been following The CARES Act carefully since new information is being made available daily and every few hours. This video explains the latest updates on the Payment Protection Program as of April 3rd, 2020
Bridge Law LLP partner, Simon Khinda, explains The CARES Act regarding SBA Loans and Loan Forgiveness.
Many concerned businesses, contractors and consumers have contacted us regarding their rights and obligations including cancelling contracts, and specifically with regards to Force Majeure in light of COVID-19.
Important Update for Landlords and Tenants In light of the Coronavirus (COVID-19) pandemic cities, and counties are taking steps to minimize the impact on tenants, including placing moratoriums on evictions, holds on shutting off utilities due to nonpayment, and prohibiting late rent fees. The federal government has suspended evictions and foreclosures in public housing until…
Business owners face many challenges today and as a result, are always looking for ways to cut down and control as many costs as possible. However, when it comes to making decisions concerning employees, it can be tempting to make risky choices about how you should classify your workers. Whether in regard to a new…
Too often, businesses equate a corporate law attorney to that of an auto mechanic or firefighter, as in they only call them when there is a problem. What many entrepreneurs fail to understand is just how beneficial a business attorney can be to the longevity and success of their endeavor. Legal assistance and advocacy are…
Time-effective and cost-efficient, alternative dispute resolution gives the parties involved more flexibility and control over the process and outcome of business-related disputes; i.e. partnership, employment, or contract disputes. Alternative dispute resolution (ADR) is essentially any method of resolving disputes outside of the courtroom without litigation and is the preeminent approach to dispute resolution. Historically, parties…
Beginning a business partnership can be an exciting time whether you are a veteran tycoon or an amateur entrepreneur. A partnership is a popular way to structure and finance a new business and brings about new challenges, shared visions, and reason to celebrate the smallest of victories. No matter how successful your business is or…
Touted as one of the most important changes regarding data privacy protections in the last 20 years, the General Data Protection Regulation (GDPR) went into effect on May 25th, 2018 for the entirety of all 28 member states of the European Union (EU). The goal of the GDPR is protection for all EU citizens from…
Any startup, be it a small family business or an endeavor into Silicon Valley, needs funding. They also have an understandable desire to raise their needed capital with as few legal hurdles as possible. The problem is that startup fundraising is a particularly regulated process that requires companies to be in compliance with the Securities…
If you’re like many business owners, you have likely imagined your company becoming a household name. One way to do this would be to franchise your business model, allowing third parties to operate and expand your established business into new markets while utilizing their own capital and supervisory efforts. To reach that level of success…
You don’t need to be a US citizen to own a US business Yes, there’s a lot to know when weighing the pros and cons of establishing your international business in the US. Foremost, know this: you do not need to be a US resident to form a business in the United States. With that…
Reducing Business Relationship Liability Risk Those new to the business world often lack the first-hand experience of initiating and building healthy business relationships. But protecting these vital relationships with carefully crafted business agreements—such as those for co-owners, suppliers and clients—is essential to growing a new business without risk of being taken advantage of or of…
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