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
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Reverse Merger Compliance & Disclosure Requirements: SEC Compliance Basics
In a prior article, we discussed the basics of Reverse Mergers (also referred to as reverse takeover “RTO,” reverse IPO, or a backdoor listing). And as mentioned in this post, in a reverse merger investors, typically, of a privately-held company acquire a majority of the shares of a publicly-held company,
Continue readingNew New York Law Office of Hayes & Simon Opens on Wall Street
Hayes & Simon, P.C. has opened a new law office on Wall Street in New York City. We welcome our local clients, family & friends and clients abroad to pay a visit during their next trip to the Financial District in New York. Hayes & Simon professionals are internationally recognized for delivering
Continue readingRestrictive Covenants in New York Franchise Agreements: Strategic Use of Restrictive Covenants by Franchisors
New York franchise agreements typically contain restrictive covenants against competition and/or a franchisee non-compete clause. Such provisions are meant to prevent franchisees, whom are granted rights by the franchisor to operate a business modeled on the Franchise Program from engaging in business activities in competition with the franchisor during or
Continue readingGood New York Lawyers Beats Goliath Everyday In New York Courts
It can be daunting to think about suing anyone, let alone a huge department store like Macy’s. The same Macy’s that brings us Santa Claus and the opening of the holiday season with their annual Thanksgiving Day Parade televised nationally. The same Macy’s with department stores all over the United
Continue readingEnforcing Foreign Judgments in New York: Personal Jurisdiction Necessary?
The New York State Court, in a case of first impression held that in personam jurisdiction is not necessary to recognize and enforce judgments in New York from a foreign court. The case that decided the matter is Abu Dhabi Commercial Bank PJSC v. Saad Trading, Contracting & Fin. Services
Continue readingSo you Want to Sue the New York Government? Act quick. Statute of Limitations/Notification Claims in New York
Commencing litigation, in New York City, against a private entity is an undertaking, but suing the New York City government in New York starts with a big time crunch. In New York, if you are suing any state or local government municipality or authority, you have, in most cases, 90
Continue readingSubjective Phrases In Your Contracts
When negotiating your contracts, normally, you should stay away from subjective phrases or you may be leaving yourself open to a court’s interpretation. Subjective phrases are those that are shaded by feelings, experiences and depend upon one’s individual point of view. More often than not, they are loosely-defined words and phrases
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