Have you ever thought about what makes a company unique? It's not just the products or services—it's also the creative treasures, the Intellectual Property (IP). Here's why understanding IP is crucial when buying a business:
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Picture this: You're about to buy a business, and it's like opening a treasure chest. But instead of gold coins, you find contracts and agreements. These legal documents are the backbone of any business.
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Understand the target company's corporate structure. It is like taking a closer look at its organization and operation. It's essential as it affects decision-making, responsibilities, and the success of your acquisition.
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Legal due diligence in M&A (Mergers and Acquisitions) for SMBs (small and medium-sized businesses) involves thoroughly examining the target company's legal aspects. You want to identify risks and liabilities that could impact the transaction's success.
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If you will be hunting in Pennsylvania or if you own land in Pennsylvania, it is important to understand our state’s trespass law. For years, I have watched never-ending online squabbles over what the law is and isn’t. Some are experienced hunters and others are even law enforcement officers who make false claims about the law because “that’s how it’s always been done.”
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What exactly is a prenup? A prenuptial agreement, sometimes called a “prenup,” is an agreement between future spouses regarding their marriage. It may spell out how to address property and assets, as well as support obligations, in the event of the dissolution of their marriage. When a marriage ends, the property and assets owned by both spouses, individually or jointly, comprise the marital estate. The Court then considers a list of 11 factors in determining how to distribute the marital estate between the spouses and will also decide whether the property is non-marital.
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By now, you know The Skeen Firm wants to handle your Family Law matter on our Flat Fee platform. We get it; no divorce is fun. Custody battles are tough. And equitable distribution is often a complex challenge. That is why we have a flat fee approach; predictability is our first method of promoting stability.
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The answer here is that it depends. Conditions to adopt your spouse's child vary based on the situation. Sometimes, you must obtain consent from the child's other biological parent or guardian and the child themself. Other times, this may not be the case, and you may only need consent from one other person
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If you owe alimony to your former spouse and fail to pay, you will still have to make that payment in the near future. If you fail to make the alimony payment on time, then you are considered to be in arrears and/or in contempt. This means you are behind on paying the amount of alimony owed. This balance will not automatically disappear. Instead, you will be obligated to make any missed and current payments until you are all caught up on payments.
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Pennsylvania courts do not pre-determine which spouse will be subject to paying alimony to the other spouse. Similar to their method of choosing how much a spouse will pay in alimony, the courts examine the same 17 factors to determine which spouse will need to pay.
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There is no clear-cut rule on how much alimony you will owe your spouse or how much your spouse may owe you. Instead, Pennsylvania courts weigh many factors to determine the amount of alimony due.
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In the heartwarming holiday classic “A Christmas Story,” the quest for the ultimate Christmas gift takes center stage with young Ralphie Parker's desire for a Red Ryder Carbine Action 200-shot Range Model air rifle. Beyond the comedic allure of Ralphie's pursuit, the film gives us a useful lesson in products liability.
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Starting a business can be an exciting adventure, but it also comes with essential responsibilities. If you've decided to form a Limited Liability Company (LLC), you're on the right track to protect your personal assets. However, to maintain that protection, you must understand the importance of regular meetings and how they can help prevent "piercing the corporate veil."
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Welcome back to the final installment of "No B.S. Legal Solutions." In this blog, we cover two essential aspects of navigating the world of business law: staying informed and seeking legal counsel. These actions are critical to keeping your business on the right track.
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Welcome back to "No B.S. Legal Solutions." This blog explores a crucial business law and strategy aspect: gracefully exiting your business. Whether you are planning to sell your business or pass it on to someone else, a smooth exit is essential for a successful transition.
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Welcome back to "No B.S. Legal Solutions." This blog delves into a critical aspect of business law and practice: business ethics and corporate responsibility. Understanding and embracing ethical principles can set your business apart and contribute to long-term success.
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Welcome back to "No B.S. Legal Solutions." In this blog, we tackle a topic that every business must navigate: compliance and regulatory issues. These rules and regulations may seem overwhelming, but understanding and adhering to them is essential for a thriving business.
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Welcome back to "No B.S. Legal Solutions." In this blog, we are tackling a topic that no business owner wants to face but should be prepared for: handling business disputes. Knowing how to resolve conflicts is vital for a successful business, whether a disagreement with a client, partner, or supplier.
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Welcome back to "No B.S. Legal Solutions," where we break down essential aspects of business law to help you navigate the entrepreneurial landscape. This blog tackles a topic affecting every business owner: taxes.
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Welcome back to the "No B.S. Legal Solutions" series! Today, we are diving into a topic that affects every business with employees: employment law. Understanding the basics of employment law can help you build a positive work environment and avoid legal headaches.
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