Chat with us, powered by LiveChat

Business Law Articles

Consider going cash-free, with caution

There’s a growing trend toward cashless businesses. From clothing stores to coffee shops to salons, some businesses are implementing cash-free policies. Only credit and debit cards allowed. What’s behind the trend? Cash-free businesses (and credit advocates) say there are a number of benefits: Speed up the checkout process: It’s quicker to swipe or tap a credit card than to count cash and make change. If your business has long lines at peak service times, going cash-free

Read More »

Passage of law to boost retirement savings anticipated by year-end

Retirement plan sponsors have been watching Congress closely, waiting on passage of the Setting Every Community Up for Retirement Enhancement Act. The legislation, designed to boost Americans’ retirement savings, has implications for small businesses and individual savers alike. The bill is considered to have strong bipartisan support, and advocates are optimistic it will pass by year-end. If it doesn’t pass via a unanimous consent vote this fall, pundits suggest it will be attached to a year-end

Read More »

New bankruptcy rules give relief to small businesses

Chapter 11 bankruptcy is not an easy process, and rules have traditionally favored large businesses. Now, distressed small businesses will have a better chance at reorganization under a new subchapter of the federal bankruptcy code. The Small Business Reorganization Act of 2019, which will go into effect on Feb. 19, 2020, makes Chapter 11 reorganization a more affordable and feasible process for small businesses. Under the new law, individuals and companies with roughly $2,725,000 of debt

Read More »

Businesses must take action following new overtime rule

Under new Department of Labor rules, employees who make less than $35,568 are now eligible for overtime pay. Starting January 1 the rule raises the salary cutoff for so-called “white collar” exemptions to $684 a week, up from $455 a week ($23,660 annual). As a result, businesses are advised to evaluate pay rates, hours and nonexempt classifications in advance of the change. Some actions steps: Review white collar exemptions: Identify exempt employees whose salaries fall below

Read More »

Landlord Eviction Options During Covid-19

Landlords and Coronavirus Long before any Governor issued emergency orders for their state, coronavirus was already altering the fabric of our lives and commerce in unexpected ways. In the last month, millions of workers across the country, from hotel and restaurant workers to office assistants and managers, have been laid off, furloughed, or prohibited from working by legal measures. Even the most white-collar of professions are not immune; doctors not working directly with COVID-19 patients are

Read More »

DOL makes it easier for small businesses to offer 401(k) plans

A new final rule from the Labor Department makes it easier for small businesses to join together to offer their workers 401(k) plans. The rule goes into effect on Sept. 30. As a result of the new rule, smaller companies can now leverage the bigger scale of a combined group of businesses to negotiate lower fees on their 401(k) plans. Under the rule, companies in different industries, for example marketing firms and landscaping companies, can create

Read More »

When you need a collection agency

It’s a real drain on a business when you can’t get clients to pay. It’s ideal when you can take matters into your own hands and see results, but when you’ve tried everything else, sometimes you need to hire a collection agency. A collection agency is helpful if you haven’t been able to successfully contact the debtor on your own, if several debts have been difficult to collect or if a debt is too big to

Read More »

Supreme Court ruling likely to restrict public access to business records

The U.S. Supreme Court has issued a ruling that is likely to make it harder for the public to access confidential business records. The court ruled on a longtime exemption under the federal Freedom of Information Act (FOIA), known as Exemption 4, which allows the government to withhold “trade secrets and commercial or financial information obtained from a person [that is] privileged or confidential.” While federal law doesn’t define the term “confidential,” courts have regularly said

Read More »

Preventing suits over website accessibility

Suits claiming that business websites and/or mobile apps aren’t fully accessible to people with disabilities are increasing rapidly. In 2019, a quarter of such suits were brought against companies that had already been sued under the same cause of action. The suits were brought under the federal Americans with Disabilities Act. The key to protecting your business from such lawsuits is to ensure that your website complies with Web Content Accessibility Guidelines 2.0. In a recent

Read More »

Supreme Court: Businesses can register scandalous trademarks

The Lanham Act, a federal law that prohibits scandalous and immoral trademarks is unconstitutional, according to a ruling by the U.S. Supreme Court. Registering a trademark has its benefits. Someone who owns an registered trademark can use it in commerce and enforce it. Registering a trademark provides “constructive notice of the registrant’s claim of ownership,” thereby protecting the owner against certain defenses if a patent infringement action arises. With a registered trademark, the owner has constructive

Read More »
Call Now Button
Email us now
close slider
  • How Can We help?