The New York Law Blog by Hayes & Simon, P.C. | Int'l Law Firm
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New York City offers entrepreneurs access to a market with consumers with high disposable income and where investors and lenders are ready to assist entrepreneurs who wish to start or grow their businesses in the Big Apple. However, that doesn’t mean that starting a business in New York is a
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
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,
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
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
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
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
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
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
