Archive for the ‘Contracts’ Category

Free Corporate Legal Clinic

Small business owners in the Triangle are invited to attend a free corporate legal clinic on Friday, June 26, 2009, sponsored by the Durham County Bar Association, North Carolina Lawyers for Entrepreneurs Assistance Project (NC LEAP) and the Small Business Center at Durham Technical Community College. Volunteer lawyers will be available to advise on entity [...]

 

Make Sure Your Contractors are Not Employees

During the past 4-5 years, many of my clients have been laid off from their corporate jobs, only to be re-hired as independent contractors, consultants or free-lancers. This is cost-effective for the company, which is no longer paying benefits and employment taxes on the employee. But companies need to be careful when hiring contractors and [...]

 

Will Your Company Sink or Swim if One Owner Wants to Abandon Ship?

The North Carolina Business Court recently ruled in Mitchell, Brewer, Richardson, Adams, Burge & Boughman, PLLC; v. Brewer that the NC Limited Liability Company Act does not permit a member of a limited liability company (“LLC“) to voluntarily withdraw from the company unless there is a written agreement that permits it. Even to me, this [...]

 

Contracts for Dummies: What You Should Know About Drafting Your Own Contracts

I ran across a publication the other day called Business Contracts Kits for Dummies. It is a “fun and easy guide to business agreements that cover your assets!” But should a business owner really draft important contracts without counsel? I have to say, that with my writing background, drafting and negotiating contracts is one of [...]