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The choice of Delaware law is often favorable for certain business matters, like do not compete covenants and other limitations on business transactions. Businesses will often take advantage of these benefits by having their agreements drafted to apply Delaware law in...
The Securities and Exchange Commission (SEC) has strict rules about what corporations can and cannot say regarding performance. The SEC has put these rules in place to help protect potential investors. The rules are complex and a failure to follow proper procedure can...
Subchapter V is a subsection of Chapter 11 bankruptcy. Lawmakers created this option with the intent to help small businesses survive after difficult times. It differs from a traditional Chapter 11 in that it generally costs less and has fewer procedural requirements....
The Coronavirus Aid, Relief, and Economic Security (CARES) Act included an array of provisions to help the country get through the pandemic. One of which that helped small businesses continue operations was an extension of the debt limit under Subchapter V of Chapter...
A civil lawsuit or investigation by a government agency can derail a company's goals while diverting precious time and resources from business operations. Business leaders who want to limit their exposure to such problems can help themselves by following a few...
Using bankruptcy to help restructure a business can provide an opportunity to make it through financially tough times and start fresh. Business owners who are considering this option likely have a lot of questions. One common set of questions revolves around the...
Whether looking to sell a business to retire or move forward with other opportunities, one of the first steps is to get an accurate estimate of the business’ worth. This business valuation process is more than just a quick estimation of the business’ worth. It is a...
Those who take a cursory look at the data may think businesses did pretty well through 2021. Major news outlets like Bloomberg Business report large business bankruptcies, or those involving companies that have $50 million or more in liabilities, dropped almost in...
Chipman Brown Cicero & Cole is pleased to announce that Joshua Glatter has joined the firm as a partner in its New York office. Josh practices in the areas of Complex Commercial Litigation and Corporate Litigation and Counseling. Josh has substantial experience...
Noncompete agreements are powerful and important legal tools that help protect a business’ intellectual property. Not all employees will follow the rules of these agreements. As a result, it is not uncommon for these documents to face a challenge. Businesses must...