While starting a business is one of the most exciting chapters of your life, it’s important to focus on the right structure for your New York business. The legal structure that you choose for your business will have implications on your taxes, personal liability, and the opportunities to raise capital.
Continue readingCategory: NY Joint Ventures
Raising Venture Capital for your Startup or Small Business
Even during a pandemic, the appeal of being your own boss or an entrepreneur never loses its luster. The United States, Asia and other markets have proven to be exciting and happy hunting grounds for companies to explore new funding opportunities, and the COVID-19 shutdown has presented plenty of opportunities
Continue readingFree Initial Consultation with a New York Lawyer
Hayes & Simon, an international law firm, is offering a free initial consultation with an attorney in New York. Your legal consultation may be schedule at: Schedule a Call. The call shall be with, in most cases, New York Lawyer Sean Hayes. Hayes & Simon, P.C. Hayes & Simon professionals are internationally
Continue readingStarting Business in New York via a Joint Venture or Partnership Agreement?
Starting a business in New York can be enjoyable and profitable adventure if you get the business on the right track from the start. Often, companies choose to come together via a joint venture or partnership. With the present coronavirus shutdowns in New York, quality of life issues and New
Continue readingNY’s Highest Court Rejects Expansion of Common-Interest Doctrine: NY Legal New Updates
New York’s Court of Appeals has reinstated the New York rule that the common-interest doctrine in New York only applies in the context of actual or threatened litigation. The New York common-interest doctrine is a legal concept in New York’s Mergers & Acquisitions Law that provides an exception to the general
Continue readingNew 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. Often executives and owners of successful New York businesses may wish to capitalize on that success by making shares of the business’s stock available to the public.
Continue readingNY Agency Law Basics: Obtaining an agent to distribute your products in New York
New York Agency law deals with the relationship between an “agent,” and a “principal.” An agency relationship forms when a principal asks an individual to act on behalf of the principal and the action of the agent may bind the principal in some way. Agency, in short, is a fiduciary
Continue readingVital Business Agreements Before Starting a Business in New York: NY Startup Basics
The following is a list of the basic business agreements that we advise prior to operating a New York business. This list is not intended to be exhaustive and some types of NY companies require specialized business agreements that are unique to the specific industry. Basic New York Corporate Agreements
Continue readingNew York Partnership & Joint Venture Due Diligence Checklist
We, regretfully, see too many New York, New Jersey and Connecticut companies entering into business relationships with foreign nationals & corporations with little foresight. Often cultural and divergent business ethics leads to immediate issues. The following Merger & Acquisition Due Diligence Checklist is intended as a guide to vetting a prospective
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