For example, individuals form business corporations and limited liability companies for legal protection. However, someone can pierce that corporate veil and pursue your assets directly if you don’t follow the corporate formalities. These corporate formalities include the requirements to have regular corporate meetings and keep minutes and resolutions of those meetings. Other issues that can subject you to personal liability for your company’s debts include commingling personal and corporate funds and failure to provide the company with enough money to operate normally and pay its business obligations (undercapitalization).
Running a successful business requires compliance with many federal and state laws, rules and regulations. You are also at risk if you do not protect yourself with good shareholder agreements or LLC operating agreements and clear business contracts. Nevertheless, running a business does not need to be overly complicated with the guidance of a skilled business attorney. We are here to help!
We provide the following business law services in Southampton, PA:
- Formation of corporations, limited liability companies and partnerships.
- Corporate agreements, amendments, changes, and corrections.
- Buying and selling businesses.
- Negotiating business and commercial transactions.
- Preparing contractual agreements: sales, purchases or leases of goods, independent contractor agreements,
- Supply agreements, non-solicitation agreements, and non-compete agreements.
- Contract review, invalidity and dissolution.
- Contract warranties and disputes: contract performance, breach of contract, and monetary and injunctive remedies.
In summary, Law Offices of Leo Mikityanskiy represents clients in all related business matters in Bucks County, PA and Brooklyn, NY. When you wish to discuss your business matters, please contact business attorney Leonid Mikityanskiy today at our Bucks County, PA office at (215) 357-1400 or our Brooklyn, NY office at (718) 256-3210.
Business Formation Attorney
Law Offices of Leo Mikityanskiy also represents clients in all business formation matters in Brooklyn, NY. If you wish to discuss your business formation or structure, please contact business attorney Leonid Mikityanskiy today at one of our locations. You can contact our Brooklyn, NY office at (718) 256-3210 or our Bucks County, PA office at (215) 357-1400. Leo is a trusted business law attorney in Brooklyn, NY and Southampton, PA. He will help you select the right business entity and guide your throughout its existence. He will also prepare and file an amendment when necessary to change your business structure or registered agent. It is also important to have the correct correspondence address with the Department of State. Otherwise, someone could obtain a default judgment against your business without you even knowing it.
Business Litigation Attorney
Business litigation refers to legal disputes between businesses or between businesses and individuals. It often involves contracts, intellectual property, employment issues, or commercial transactions.
When starting a new business with a partner, ask yourself these questions: How do I know this person? How long have I known this person? Is this person honest and reliable? Is this person prompt and responsive? Will this person stand by me if the business does not develop as desired? If you are not sure about even one of those answers, you may need to resolve to business litigation if things don’t work out. However, it is sometimes possible to resolve business disputes through mediation or arbitration. A good business agreement should provide for that if you elect that option.
Contracts and Agreements
Contracts and agreements are legally binding documents outlining the terms and conditions of a business or personal relationship. They define responsibilities, rights, and expectations for all parties involved. Surprisingly, we still see many new business ventures and deals done on a word and a handshake, which are a good start, but they never replace a well-written agreement between business partners. If you don’t want trouble in the future, document the business relationship now. Even if you know your partner, how well do you know your partner’s successors in interest (usually family members)? Would you want to be in business with them? A well-written partnership agreement will spell out what happens on death or disability of one of the partners. Without it, you will have issues.
Internet and Ecommerce
Internet and eCommerce refer to buying and selling goods or services online. E-commerce platforms enable businesses to reach a global audience, facilitating transactions, marketing, and customer engagement.
However, many dangers are abound when doing business on the Internet. They include exposure to lawsuits in other states, numerous compliance requirements with federal and state laws, and intellectual property issues. Specifically, intellectual property (IP) issues can include patent, trademark and copyright infringement. There are also false advertising claims and many other issues that can affect your business.
Brooklyn Business Law Attorney
A Brooklyn business lawyer provides legal guidance to businesses in the Brooklyn area, assisting with formation, contracts, intellectual property, employment issues, and litigation. A local attorney knows Brooklyn environment and dynamics, the courts, and the people, especially after practicing in New York for 20 years. Having a business enterprise in Brooklyn is usually dependent on the surrounding Boroughs and their relationships for employees, customers, shipments and supply routes. Working with a business lawyer in Brooklyn who knows these relationships will help you guide your business to success.
