As a trademark attorney and the founder of Gerben Law Firm and TrademarkArmor.com, every day I hear from clients whose trademarks have been rejected by the U.S. Patent and Trademark Office (USPTO). Many of these clients used one of the non-legal services for trademark registration offered via the Internet — with unfortunate results. Because I feel so strongly… Read More »
A limited liability company (LLC) is a form of business organization set up to offer liability protection to its members. When difficulties arise, LLC members may lose their investments in the company, but not their personal assets. LLCs are often better than a limited partnership, because in a limited partnership, one partner is personally liable for the partnership’s… Read More »
If you have a business partnership with one or more persons and someone wants to leave the partnership, a formal agreement is truly necessary to protect everyone involved. The technical term for this type of agreement is a dissolution, which is the change in the relationship of the partners caused by any partner ceasing to be associated with… Read More »
As with a general partnership, a limited liability partnership requires an agreement so that each partner’s role, protections and expectations are clearly defined. The limited liability partnership (LLP) has been an ever-growing form of business organization in recent years. It protects a partnership in much the same way as a limited liability corporation protects the business. It is… Read More »
A partnership is created when two or more individuals decide to form a business or enter an endeavor together. The partnership agreement is meant to clearly define the terms of the partnership, clarifying the responsibilities and benefits for each partner.
Throughout our lives, banks, lenders, landlords, insurance companies, stores, and often employers, gather information about our credit for one reason or another. Due to the abuses of reporting by various agencies (or simply human error), Congress, in 1970, passed the Fair Credit Reporting Act as part of the Consumer Credit Protection Act.
You’ve had a partner or employee for years who has learned every secret of your business. You find that they now wish to move on and work in another organization or develop another business of their own, or you’ve recently bought a business and you are now worried the former owner will set up shop down the block.… Read More »
Are your concerned about your business’ trade secrets or intellectual property? If so, you can take advantage of special agreements designed to prohibit the disclosure of companies’ most vital and sensitive information. The two types of labor forms most commonly used by businesses to protect their confidential information are Non-Disclosure Agreements and Confidentiality Agreements.
If you are preparing to open a stock corporation, you must complete and file Articles of Incorporation or a Certificate of Incorporation, depending on your state. These are the documents that once approved by your state, result in your business’ incorporation. Articles of Incorporation contain basic information and facts about your business that are required for registering your… Read More »
Regardless of what type of property or item you are about to sell or buy, you should insist that a Bill of Sale is used to finalize the transaction. A Bill of Sale Form that is compliant with your state’s laws is the only way both parties in a transaction can feel 100% secure about the terms of… Read More »