There are many advantages in operating a family business on Long Island. However, these dynamics can also present some unique challenges. When conflicts arise in a family business, it’s not only personal relationships that are at risk — business relationships are in...
Most businesses will face a dispute at some point — whether it involves a breach of contract, conflict with a partner, fraud, a breach of fiduciary duty, or another issue. Although some matters can be settled through negotiation, mediation, or arbitration, others can...
A non-compete agreement can be essential to protect your company’s trade secrets, client lists, and other proprietary information from being disclosed to competitors. However, creating these agreements can be complex — and they are increasingly scrutinized in the...
If you own a business on Long Island, there is a good chance you will face a lawsuit at some point. However, it’s important to understand that since these cases involve highly nuanced business principles and intricate legal issues, they are handled differently than...
Legal disputes in business are always challenging — but they can be especially difficult when you run a company with family members. Whether you operate a business with your spouse, parents, children, or siblings, it’s important to ensure you take the necessary...
Dissolving a business in New York can be a complex process. The way in which a business is dissolved can depend on various factors, including the entity type and whether court intervention is necessary. Regardless of the reason your business is closing, it’s essential...
Fraud can be detrimental to a business and its operations. Whether you run a small company or a large corporation, business fraud can cause significant financial loss and reputational damage — as well as impact overall profitability. Fraud can also lower employee...
Contracts are the foundation of every business relationship — and when a breach occurs, it can cause significant disruption to your company. Critically, a breach of contract is one of the most common disputes business owners on Long Island can face. If you’re an...
As a business owner on Long Island, it’s crucial to take all necessary steps to safeguard your company and its good will. By having each partner or key employee sign a non-compete agreement, you can help shield your proprietary information, trade secrets, and customer...
