Business

Qualifying as a Certified Diverse Business

In Massachusetts, the Supplier Diversity Program is a state program that encourages state agencies to award state contracts to certified…

2 months ago

What Happens When Too Much Interest Is Charged on a Loan?

In today’s hard economic environment, it is often hard for borrowers to obtain conventional loans from a lender. As a…

8 months ago

Minority Shareholders Owe a Fiduciary Duty to One Another and the Corporation

In the matter of Empire Dealer Services, Inc., et. al. v. Kimberly A. Guerin, et. al, a Massachusetts Court recently…

11 months ago

Missteps to Avoid When Retitling Investment Property

Most astute entrepreneurs will avoid running a business as a sole proprietor or as part of a partnership and opt…

11 months ago

Who Bears the Burden for a Fraudulently Intercepted ACH Payment?

Imagine you receive an email from a known creditor containing an invoice for an account payable. The email contains instructions…

1 year ago

The End of An Era: The FTC Proposal to Ban Noncompete Agreements

In a stunning proposal, the Federal Trade Commission (FTC) has proffered a universal ban on noncompete agreements. This proposal, albeit…

1 year ago

Project Owner’s Procrastination Presents Prompt Payment Pitfalls

Commercial construction projects of $3 million or more are subject to the Prompt Payment Act, G.L.c. 149, §29E (“PPA”), which…

1 year ago

Incentivizing Key Employees with Phantom Stock

Creating incentives for employees to perform better can take many forms, such as merit bonuses or grants of equity through…

1 year ago

The Three Ds of Buy-Sell Agreements

The old adage “Failing to plan is planning to fail” can easily be applied to owning a business. Business owners…

2 years ago

Does the Federal Arbitration Act Exception Apply to Your Employees?

The Federal Arbitration Act (“FAA”), long a thorn in the side of employees who desire litigation, has now been limited…

2 years ago