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Category Archives: Business Law

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Businesses Coming Under Scrutiny for “No-Poach” Agreements

By Moran, Sanchy & Associates |

“No-poach” agreements—or agreements entered into by companies who agree not to hire each other’s employees—are currently facing a lot of scrutiny. A number of class action and multidistrict lawsuits have been filed against companies, accusing them of enacting practices that violate the Sherman Antitrust Act and striking deals with other companies to prevent employees… Read More »

BusPartners

Common Mistakes Made When Selling Your Business

By Moran, Sanchy & Associates |

There are many considerations to take into account when selling your business, including the timing and valuation of the business. And, in fact, there are many things that can go wrong and frequent mistakes that people make when selling their business. Below, we discuss some of these potential mistakes and pitfalls. You always want… Read More »

BusinessModel

The Pros and Cons of Subscription Services as Business Transaction Models

By Moran, Sanchy & Associates |

These days, the subscription has become more popular than ever as a business transaction model: Amazon, Netflix, Dropbox, Spotify, etc.—all are based on users paying for a regular, supposedly superior service. The subscription-based business model is appealing to many because it arguably “locks in” a specific number of customers for a set amount time,… Read More »

BusPartners

How to Use an Accounting under Florida Law to Hold a Business Partner Liable

By Moran, Sanchy & Associates |

Daily Business Review recently featured an interesting article addressing the issue of international partnerships in business litigation and how to obtain justice by finding a jurisdictional hook that allows the U.S. company to hold the international business partner liable. The answer lies in what’s known as ‘the right to an accounting.’ This refers to… Read More »

BusinessL

Should Your Business Go Cashless? Our Attorneys Discuss Your Options

By Moran, Sanchy & Associates |

Many businesses have decided to go cashless and accept only card and digital payments of late. Just between 2010 and 2014, the share of transactions that did not involve cash grew by 20 percent. In addition, paying by credit or debit card was the preferred way to pay for 75 percent of consumers surveyed…. Read More »

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Sexual Misconduct Allegations in Businesses

By Moran, Sanchy & Associates |

The issue of sexual assault has dominated news headlines since the Harvey Weinstein scandal broke. Many do not realize to what extent this issue also affects business litigation, as highlighted by the recent gender discrimination litigation filed against Yale University. Specifically, in late January, three men sued Yale alleging that the university’s sexual-misconduct committee… Read More »

LLC

After Forming Your LLC, There’s Still Work to Be Done

By Moran, Sanchy & Associates |

A limited liability company (LLC), with its flexible management structure, provides a lot of security to those seeking to found a new startup. However,  in addition to forming your LLC, there are a number of steps which need to be taken in order to create a solid legal foundation for your business; steps that… Read More »

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Understanding Jurisdiction in Business Litigation

By Moran, Sanchy & Associates |

Understanding how personal jurisdiction works is essential to anyone involved in business transactions and/or litigation because it effectively determines whether a company can sue and/or be sued in a particular state. Jurisdiction is important because, as so aptly described in one article, “not every court is the right place to bring a particular lawsuit.”… Read More »

BusLaw2

Selling Your Business

By Moran, Sanchy & Associates |

Those who run their own business are typically well-versed in the day-to-day business transactions and contracts that are necessary to keep things up and running. However, when it comes to how to go about selling your business, there can often be more uncertainty and anxiety involved; precisely because the business is your baby. It… Read More »

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Durable Powers Of Attorney & Estate Planning

By Moran, Sanchy & Associates |

Durable powers of attorney apply to managing both your financial/business and health/estate affairs. They allow you to appoint an agent to handle legal, health, and financial responsibilities. They can cover a number of important issues, such as whether that’s asset management, care preferences, medical professional details, retirement plan elections, insurance benefits; amongst others. They… Read More »