When you’re in business with one or more partners, you all likely want the business to continue to run smoothly and successfully if you lose a partner to incapacitation or death. A cross-purchase agreement can help you do that. A cross-purchase agreement is a buy-sell...
Creative Solutions For Preventing And Resolving Legal Problems
Business Law
Creating enforceable business contracts
Your business contracts are a reflection of how you operate your company. From establishing your responsibilities to your employees to providing a reliable timeline for services, your contracts enable your company to make business predictable. When the other party...
Hurley Law Represents Seller of National Auto Body Repair Business
Hurley Law recently advised the seller in the sale of a national auto body repair franchise territory. The deal included all of the business assets along with the real estate. The Hurley Law team successfully negotiated with the buyer and their lender to structure the...
3 ways succession planning protects the business you own
Estate planning is an important step for every adult to take. Those with dependents like children and spouses have more of an incentive than the average person to estate plan, but there are others who need to make plans even more. Those who own businesses may have...
What are some alternatives to business litigation?
Occasionally, business owners run into problems that they find difficult to resolve alone. Seeking a legal solution is often the most effective way to address these problems. While such a solution often occurs through litigation, there are some situations when an...
Hurley Law Represents Seller in M&A Transaction Valued Over $4 million
Attorney Dustin Hurley took the lead for our firm’s representation of a dealer of industrial power supplies located in Butler County. A west coast based private equity firm acquired our client’s company through a stock purchase. The seller received a blend of cash,...
How do you pass on a business to your heirs?
When you decide that your business needs to stay in your family, one option you need to think about is passing it on through your estate plan. Although you can pass on your family business before death, you may also determine that you want to stay in charge until the...
What risks can business owners face?
If you are running a business, you are a target for lawsuits. They can come from a lot of different directions. Dissatisfied customers file actions for fraud, defects, breaches of contract, and malpractice. Even if you did nothing wrong, your brand will suffer when a...
Starting a small business in 2021; Here’s what you need to know
As the Covid-19 pandemic continues to sweep across the country, 2020 saw an influx of eCommerce businesses begin as Americans were advised to stay home. Since the economy and job market still have unpredictable futures, the concept of working remotely is becoming...
Can you vote out a business partner?
When you started your business, you thought your business partner was the perfect person for the job. Now you’re a few years in and it has gone far less smoothly than you’d hoped. You still think the business can be successful, but you want to remove your partner. Can...