Información legal
How to Negotiate Price, Structure Payment Terms, and Close a Business Sale
This guide outlines the key legal and financial considerations involved in selling a business, including valuation methods, payment structures, due diligence preparation, tax planning, and closing procedures. A successful business sale requires careful legal planning, a well-supported valuation, and full regulatory compliance. Buyers and sellers must establish mutually beneficial terms while managing financial risk during price negotiations. Protecting your commercial equity demands precise contracts and structured payment mechanisms. Our firm's experience in commercial transactions guides business owners through every stage of ownership transfer. This guide outlines essential strategies for negotiating prices, structuring payment terms, and completing your transaction under federal standards and New York law.
Leer más
What to Include in a Partnership Agreement under New York Law
Knowing what to include in a partnership agreement under New York law means setting ownership, profit splits, decision rights, and exit terms in advance. This guide works as a practical drafting checklist for the components and clauses that keep the document enforceable and dispute-resistant. It targets the terms partners tend to leave vague, such as voting thresholds and buyout triggers, along with the drafting errors that surface only during a conflict. Our firm's work with New York partnerships shows that a few precise clauses often decide whether a disagreement is resolved by the agreement or in court.
Leer más
How Internal Controls Accounting Helps New York Firms Prevent Fraud and Liability
Internal controls accounting is the system of policies and checks that helps New York corporations safeguard assets, prevent fraud, and limit legal liability.Strong controls are a company's first defense against theft, financial misstatement, and personal exposure for directors and officers. When they fail, small bookkeeping gaps can grow into employee fraud or shareholder claims. This guide focuses on segregation of duties, reliable audit trails, and documentation that holds up under scrutiny in New York.
Leer más
How Can Corporate Crime Advisory Reduce Your Legal Liabilities?
3 Bottom-Line Points on Corporate Crime from Counsel: Federal investigation exposure, internal compliance gaps, individual officer liability.Corporate crime investigations operate on multiple fronts simultaneously. Regulators, prosecutors, and civil litigants may all pursue claims arising from the same underlying conduct. In-house counsel and board members must understand the distinct procedural pathways, evidentiary standards, and strategic leverage points that distinguish criminal prosecution from regulatory enforcement or shareholder litigation. The stakes are not merely financial; criminal conviction can result in debarment from government contracting, license revocation, and reputational damage that extends far beyond the courtroom.
Leer más
How Itar & Ear Advisory Can Secure Your Company'S Global Trade?
3 Questions Decision-Makers Raise About ITAR and EAR Advisory: Export control violations carry criminal penalties, deemed export rules apply to foreign nationals, and compliance gaps trigger agency investigations.In-house counsel and business decision-makers face mounting pressure to navigate export control compliance. The International Traffic in Arms Regulations (ITAR) and Export Administration Regulations (EAR) impose strict licensing requirements, criminal liability, and substantial civil penalties on companies that misclassify controlled items, fail to obtain required authorizations, or inadvertently transfer technical data to restricted parties. From a practitioner's perspective, the most consequential risks emerge not from deliberate violations but from classification errors, misunderstanding of deemed export doctrine, and gaps in internal compliance procedures. This article examines the regulatory framework, identifies the highest-risk scenarios, and outlines the strategic considerations your organization should evaluate now.
Leer más
How Do You Sell an E-Commerce Business Legally in New York?
Selling an e-commerce business legally in New York requires a defined transaction structure, documented asset transfers, and compliance with applicable law. New York sellers typically prepare financial, contractual, IP, and operational records for buyer due diligence. Transaction terms may address restrictive covenants, seller financing, and platform transitions. When bulk-sale rules apply, the purchaser must follow New York's advance tax notification requirements.
Leer más
