Fiduciary duty is the term for a relationship between individuals or entities. It defines the expectations of trust, confidence and reliance upon an entity who acts on behalf of a partner or client by exercising their expertise or discretion. A fiduciary must...
Starting a new business is exciting, especially when you have the right business team and product. Nevertheless, it is also crucial to pick the business structure that gives you the best opportunity for success, whether it is a sole proprietorship, partnership,...
This year has been economically challenging for everyone. This leads to the unfortunate reality that not every business is going to survive 2020. Unfortunately, this does not mean that every owner can simply lock their doors and walk away. Instead, they may need to...
The needs of every company are different, as are how they are organized. Those looking to start a business with a partner or bring a new partner into an established business should be cautious before committing to what is essentially a business marriage. There are...
Business partnerships are like many other kinds of relationships, so it can be particularly upsetting to discover that your partner stole or is stealing from the company. In the event a business partner breaks your trust, what can you do about it? The answer will be...
While minority shareholders might own less than half of a company, that doesn't necessarily mean majority shareholders get to make all critical decisions on their own. There are powers that come into play for businesses of all sizes that are designed to protect...
Mary Trump’s new “Too Much is Never Enough: How My Family Created the World’s Most Dangerous Man” is a tell-all account of life in the Trump family. She is the 55-year-old daughter of the late-Fred Trump Jr. and granddaughter of Fred Trump Sr., the president's father....
Business owners make important decisions regarding their company on a regular basis. These can be staffing decisions, greenlighting or canceling projects, or working with a new vendor. However, few are more important than the decision to sign the office or shop’s...
It is common for employers to utilize non-competition agreements. These contracts are often signed during onboarding as part of the employee handbook and general orientation process. Employers use them for a variety of reasons, particularly for the protection of trade...
No one knows how New Englanders will respond as the coronavirus pandemic quarantine comes to an end. Some will be reluctant to leave their homes until there is a vaccine, while many more will likely shy away from large crowds when they do go out in public. It is a...
