ASSET PROTECTION FOR YOUR BUSINESS
Asset protection strategies for your business may included setting up a separate company to hold and lease out the equipment.
Tag: business attorney
TRADE SECRET OR PATENT: WHY ONE OR THE OTHER?
Why and how to protect your special business formulas and processes by using trade secret protections, a short article.
SELLER FINANCING OF THE SALE OF A SMALL BUSINESS
I’ll start this article by saying that I’m generally against seller financing of the sale of a small business. Too much can go wrong, as I’ll set out below. Let’s define what I mean by “seller financing of the sale of a small business.” A […]
“At-will” v. “For Cause” Discharge: It Can’t Be Both
At-Will and For Cause are two conflicting employment terms that should not appear in the same C-level or key employee contract.
PRESERVE DEFENSES TO EMPLOYMENT CLAIMS: PAPERWORK
Preserve your employer defenses to employment claims by documenting the reasons for the discharge and following procedures.
UNEMPLOYMENT: THE AMBIGUOUS CLAIM TO DEFEND
Whether an employee was discharged or quit the employment often was the first thing I needed to determine when ruling on unemployment cases. This post discusses what factors I would consider when ruling on these cases.
“Quit” v. “Discharge” under NC Unemployment Statutes
As I discussed in my last blog post (http://www.palermolaw.com/discharge-for-misconduct-under-nc-unemployment-laws/) the threshold decision I had to make as an administrative law judge ruling on unemployment claim appeals was often whether an employee quit the employment, or was discharged by the management (we don’t say “terminated” because […]
Discharge for Misconduct under NC Unemployment Laws
As a judge hearing unemployment appeals for the past year or so, I can say that the vast majority of the cases are determined based on the “quit” or “discharge” definitions in the N.C. unemployment act. A very important distinction to keep in mind, which […]
BANKRUPTCY OR DISSOLUTION: TIME TO CLOSE IT DOWN
With the virus crisis just starting, business owners need to think about whether it’s time to file bankruptcy or dissolve their business for the duration
Investing In Your Own Business: Commercial Loan or Equity
Investing in a business can be either a purchase of ownership, also known as equity; or a loan to the business. Know which one you’re making before you turn over your money, so that you know what risks of loss of capital you’re facing and know what to expect in return.