One of the nice things about a Chapter 11 bankruptcy is that it buys you time to save your business. Unlike some other kinds of bankruptcy, Chapter 11 bankruptcy is designed to help you keep your business open by giving you time to restructure it. Chapter 11...
Year: 2022
What are you buying when you buy a business?
If you're interested in buying a business, you need to know exactly what you're purchasing. It is very important to do your due diligence. You need to ask yourself what type of business you want, why that businesses for sale, what your goals are for the business and...
Filed bankruptcy before? Here’s what to know a second time
As a small business owner, you didn’t intend to go into bankruptcy the first time let alone twice. The economy took a turn for the worse, though, and you are now in a position where you’re not sure that you can keep your doors open. You may be aware that there are...
Attorney Paul Maricle’s role as honorary consul for Germany
In the global economy, every international connection you have can help your company, even if you are a small or medium-sized business. A passion for making these global connections is a big part of what we do at . In fact, Paul Maricle's...
What will a Chapter 11 bankruptcy do to your essential staff?
Chapter 11 bankruptcy will typically involve restructuring the entire company and renegotiating specific business debts. Your company will likely need to streamline staff by eliminating redundant positions or entire departments. If you have multiple locations, you may...
3 important inclusions when drafting your partnership agreement
Business partnerships are beneficial for everyone involved. The partners can offer each other financial, social and intellectual support when starting or running a business. The company benefits from having multiple people involved in its management and planning....
What outside legal counsel can do for a small business
As a small business owner, you need to save money wherever you can and avoid needless expenses. Hiring a business attorney as outside counsel might seem like a luxury. That leads a lot of businesses to wait until they run into serious legal trouble before hiring a...
3 ways trademark infringement can hurt your business
Companies often have to try something creative to stand out from the competition. Once you have established that you offer better prices or an innovative product, people will start to seek out your company on purpose. Creating a trademark is a way to help people...