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Free Initial Consultation with a Lawyer
Hayes & Simon, an international law firm, is offering a free initial consultation with an attorney in New York. Your legal consultation...
Dec 23, 20201 min read


Investment in Distressed Assets in NY: Purchasing an Asset in Bankruptcy or via a UCC Foreclosure
Opportunities are increasingly emerging in New York for the purchase of distressed assets. Opportunities abound in commercial real...
Oct 5, 20201 min read


Reverse Merger Compliance & Disclosure Requirements: SEC Compliance Basics
In a prior article, we discussed the basics of Reverse Mergers (also referred to as reverse takeover “RTO,” reverse IPO, or a backdoor...
Sep 9, 20201 min read


Starting Business in New York via a Joint Venture or Partnership Agreement?
Starting a business in New York can be an enjoyable and profitable adventure if you get the business on the right track from the start....
Aug 7, 20201 min read


Buying or Selling A Business in New York? Do Your “Due Diligence”
Before buying or selling a New York business, make sure you understand how to perform “due diligence” for the business. This is essential...
Sep 16, 20181 min read


Understanding New York’s Business Judgment Rule
Officers and directors of start-up corporations are responsible for managing and directing the business’s affairs. As the business grows,...
Aug 30, 20181 min read


NY State and Federal Tax Exemption for your New York Nonprofit
Now that you created your New York nonprofit, let’s discuss how your New York nonprofit can apply for state and federal tax exemption....
Jun 14, 20181 min read


SEC Regulation D – Private Offerings: NY Startup Law
Start-ups in New York looking for investment capital should consider the classification of investors that can and cannot partake in...
Nov 15, 20171 min read


Suing New York Banks in Equity: New York Equitable Accounting Remedy
Recently, we discussed a case where we were able to hold JPMorgan Chase to their word with regards to a stipulation made in a New York...
Oct 6, 20171 min read


When Must Your NY Business Agreements Be In Writing?
While it is always advisable to put all your New York business agreements in writing, there are special rules that govern whether a...
Jun 17, 20171 min read

Liability of New York Shareholders for Unpaid Debt of a New York Company
If you reside in New York or wish to run a business in New York, it may be convenient to incorporate a business in New York. But before...
Dec 15, 20161 min read


Factors to Consider When Forming a Corporation in New York
New York businesses are not bound to incorporate within the state to operate within New York State. In fact, start-up businesses in New...
Nov 18, 20161 min read


Successor Liability Pitfalls in New York
When buying or selling a New York business or any of a business’s assets under NY law, the potential successor liability of the buyer is...
Nov 3, 20161 min read


Foreign Nationals Can Work for Their Businesses in New York
If you are a foreign national living in New York, it is not impossible for you to start a business. Starting a business, in New York,...
Nov 2, 20161 min read


New York Reverse Mergers Basics
If you are looking to take your New York private business public, consider the benefits and drawbacks of a New York reverse merger. ...
Oct 27, 20161 min read


NLRB Judge Rules Chipotle Is Liable For Labor Violation For Enforcing “Unlawful” Social Media Policy
This week, the National Labor Relations Board (NLRB) ruled that Chipotle Mexican Grill had an “unlawful” social media policy that...
Aug 25, 20161 min read


Breach of the Duty of Care in New York -Say Out of the Strip Clubs if you are using Corporate Funds
A recent lawsuit makes allegations that, if true, shows what not to do if your New York startup business obtains investment funding. To...
Aug 9, 20161 min read


New NLRB Labor Rules Negatively Impact U.S. Franchises
Revised federal rules from the National Labor Relations Board that gives employees more leverage in settling workplace disputes are...
Aug 5, 20161 min read


Business Groups Sue Over U.S. Government Crackdown on Corporate Inversions
Two business groups have sued the Obama administration over the government’s crackdown on U.S. companies moving abroad to reduce their...
Aug 4, 20161 min read


Filing a DBA Name In New York
If you want to conduct business under a trade name that is different from the name used to form your New York business, then you need to...
Aug 3, 20161 min read
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