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Written by Administrator
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Wednesday, 05 November 2008 14:13 |
By Lala C. Ballatan
Aside from the quite tiring and stressing process of starting your business and finally establishing it into a formal company in full operation, another more stressing for a businessperson is being served with legal documents indicating that he/she is sued.
If this happens to you, what should you do? Here are some tips to guide you on properly handling a legal action against you and your business.
1. Contact your business lawyer immediately – the legal counsel who has known a lot about your business ever since its beginning is the best person whom you can contact and consult with regarding your concern.
Your lawyer is the most qualified person to advice you on your next move. Here are several significant things that your lawyer would be expecting of you to accomplish:
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Last Updated ( Tuesday, 20 October 2009 01:35 )
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Written by Administrator
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Tuesday, 04 November 2008 22:41 |
By Paul Jesse
Having an online home based business has 95% to do with the business aspect, but there still is 5% legal matters that should be in the back of your head. Things like whether or not you want to incorporate your business or not and whether you should patent or copyright specific content are just a few legal matters you may deal with.
Not to say that you shouldn't trust yourself when it comes to these things, but for the best of your internet home based business you may want to hire a professional. Hiring a lawyer or accountant is a safe route to go when it comes to the legalities of your business. Certain things like copyrighting an article can most certainly be handled by you. The same goes for patenting the products you sell.
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Last Updated ( Tuesday, 20 October 2009 01:26 )
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Written by Administrator
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Tuesday, 04 November 2008 22:23 |
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By John Waller
The cast of characters. Everyone knows what a bank is. Most of us understand what a lender is – an institution from whom money is borrowed. Adding the word “commercial” to describe a lender simply means that the financial entity deals with businesses as opposed to individuals. Black’s Law Dictionary defines “commercial loans” as: “loans made to businesses as distinguished from personal-consumer credit loans.” Although a lender could make both commercial and consumer loans, this blog is dedicated primarily to commercial matters.
The field of law. To me, commercial foreclosure law refers to the rules and procedures applicable when a business defaults on a loan secured by some kind of collateral. So, if you work for an institution that loaned money to a business, and if the borrower defaulted under the terms of the loan agreement, then commercial foreclosure law provides the judicial framework for the protection of your rights. Typically, those rights involve the ability to collect money owed by the borrower through the sale of the loan collateral.
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Last Updated ( Tuesday, 20 October 2009 01:31 )
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