Blog Blog
New Delaware Requirements for LLCs, Corporations & Partnerships Delaware has long been the premier jurisdiction for U.S. business incorporation. It is known for its robust legal framework and favorable court system. But with the 2025 updates to Delaware corporate law, businesses that are incorporated in Delaware—or maintain a Delaware entity registration—must adapt to a number
The Bank Account Switch Scam: What to Do Before and After It Happens to You The bank account switch scam is one of the fastest-growing and most damaging forms of wire fraud and business email compromise (BEC) facing businesses today. This payment fraud scheme typically involves a supplier—or someone impersonating your supplier—requesting that payments be
Florida’s CHOICE Act Poised to Expand Noncompete Enforcement On April 24, 2025, the Florida Legislature approved the Florida Contracts Honoring Opportunity, Investment, Confidentiality, and Economic Growth Act, which now awaits the Governor’s signature. In a striking departure from the national trend toward limiting restrictive covenants, the CHOICE Act positions the Sunshine State as the most
A Demand Letter Can Be Your Best First Step in Resolving a Business Dispute When business relationships fall apart, it can be challenging to know what to do next. Perhaps a contract has been breached, someone owes you money, or your intellectual property is being infringed. Whatever the issue, a carefully drafted demand letter is
On December 26, 2024, a panel of the US Court of Appeals for the Fifth Circuit reinstated a nationwide injunction blocking enforcement of the Corporate Transparency Act (CTA), just days after a different panel had lifted it. This back-and-forth decision has caused significant turmoil within business compliance offices across the country. What is it? The
When Should I Call My Business Lawyer? Entrepreneurs carry heavy burdens, often for years without much respite. Running a business involves navigating a complex web of legal considerations that can impact every aspect of your operations. Knowing when to consult a business lawyer is crucial for protecting your company and ensuring long-term success. From entity
United States LLC Operating Agreements LLC operating agreements establish how a limited liability company is to be run and are equivalent to a corporation’s bylaws (see Doing Business in the United States: The Laws You Should Know for more information on LLCs and corporations). In most states, including some very popular ones for forming LLCs,
United States Law Suits I have represented countless foreign entrepreneurs and businesses evaluating or negotiating a potential business relationship in the United States. One of the toughest things I have to do is explain why the U.S. legal system is so different from what these clients are used to in Europe, Asia, or elsewhere. Business
Legal advice versus business advice People hire lawyers to give them legal advice. Sometimes, people also hire lawyers to give them business advice. This may introduce thorny considerations because lawyers generally should not give business advice (more on that below). However, sometimes they can, and do (more on that too). As a business lawyer who
On April 23, 2023, the Federal Trade Commission (FTC) announced a final rule banning noncompete agreements under sections 5 and 6(g) of the FTC Act. The ban applies to noncompetes in the employment context and does not necessarily apply to business-to-business noncompete agreements. This banning of non-compete agreements has left many employers wondering what this
