Planning a merger or acquisition in New York just got a bit more complex. This is due to a new series of FTC initiatives. The point of these new rulings has been to take into account the number of hostile M&A moves that have occurred in recent times. These moves...
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Fridman Law Firm
How Do I Get Capital For My Business?
You've probably heard the old saying that it takes money to make money. And when it comes to starting a business, it typically rings true. It doesn't matter whether you're starting an online company and need a website, employees, and equipment, or whether you're...
Can I Lose My Personal Property If My Business Is Sued?
There are two types of business owners. The first type doesn't know that their personal property could potentially be at risk if their business is sued. The second type is constantly worried that something could go wrong in their business and that they could lose...
Should You Draw a Salary As a Business Owner?
There are a lot of reasons to start a business, and making money as an owner typically tops that list. But should you actually draw a salary from your business? I’m Neil Fridman with the Fridman Law Firm. Today, I want to walk you through your options to pay yourself...
Employment law basics you should know
There are some things that every New York employer should know about the laws that govern their business. Breaking down the legal side of employment may seem daunting, but by starting with a clear overview of the most important basics, it's possible for anyone to use...
Top elements of a commercial property sale
Selling real estate can be a complex process in New York. Besides the legalities of the sale, you have to consider many potential factors that could affect the sale price and how long it might take to sell. In order to make the process as smooth as possible for all...
IP due diligence for M&A transactions
Are you planning to grow your business through a series of acquisitions? If this is the case, you will need to proceed with great caution. There are a number of issues that can lead to legal problems in New York. One of them is the issue of intellectual property (IP)....
How to handle mistakes in employment agreements
Employment agreements are a crucial part of employment law. When employment agreements have mistakes, it is often unclear what will actually happen. It might seem obvious that mistakes don't really count when the intention is clear, but that current precedent calls...
Understanding Special Purpose Acquisition Companies in New York
If you follow the world of business acquisitions, you may have come across the term "Special Purpose Acquisition Company," or SPAC. But what is it, and how can a SPAC help your business in New York? What is a Special Purpose Acquisition Company? A Special Purpose...
The importance of due diligence in acquisitions
Due diligence is a process wherein lawyers and other professionals conduct research on the target of a merger or acquisition and determine if the target would be a good prospect for a client. During due diligence, professionals review financial statements, corporate...