ENTREPRENEUR CENTER

Our Entrepreneur Center provides valuable resources for entrepreneurs and growing businesses. Read our articles below for tips to help your business maintain its brand, improve its form contracts and more.

Doing Business With The UK After The Impending Brexit

The shocking announcement on June 23, 2016, that Britain will exit the EU leaves wide open the real possibility that doing business with Britain will become much more complex and more uncertain. The EU’s laws that are systematized and implemented across the member jurisdictions yield many benefits. With Britain pulling out, there is much speculation about what will happen next. Will Britain continue to adopt the EU rules it has benefitted from as its own, or will it endeavor to…

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How Enforceable Are Non-Competition Clauses In Employment Agreements

It is very interesting how often C-level and key employees are asked to sign non-competition agreements that contain non-competition language by the companies that employ them.  It is equally interesting how often employees ask me, even as they are signing on the dotted line, “How enforceable are such restrictive covenants?” The short answer:  It depends. The employer who narrowly tailors a non-competition clause in terms of length of the restriction and geographic scope will have a much easier time enforcing…

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Recusal vs. Abstention: A Director’s Dilemma

Conflicts of interest are expected between a company and a member of the Board of Directors when you have Board members doing their jobs well.  Indeed, a person that brings opportunities to a company which he serves as a director may be the recipient of an income stream from such opportunity, as when, for example, a director is a significant shareholder of a company going into contract with the company on which he is on the Board.  In such a…

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Liquidity Crunch: Don’t Wait Too Long To Raise The Next Round Of Financing

If you’re operating a growing company, you need to ask: What is your burn-rate? How long will the money you have last? When do I need to start raising additional capital? What happens if I don’t raise enough money before we run out of cash? Cash is critical to a growing company. R&D, marketing and scalability with employees or investors (or both) are often the biggest uses of cash, and it is more often than not that the minute you…

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Settlement Negotiations: When To Pull The Plug On Litigating

This Firm does both litigation and transactional work, and sometimes negotiation skills from deal-making can be used to settle litigation. Indeed, the Firm’s attorneys know that negotiation is an art, not a science. Litigation is often like high-stakes poker; sometimes the client holds a full-house, which is pretty hard to beat, while other times, the client is mostly bluffing, holding little evidence of a claim. The client’s strengths and weaknesses need to be assessed not only at the pleading stage,…

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Surveying Your Trademark Portfolio For Renewals, Extensions And Expansion Of Categories

If you applied for registration of your trademark or service mark on an Intent-To-Use basis, you will eventually have to file a Statement of Use to show that you are using it in commerce. Ordinarily, you have to file that Statement of Use within six months of receiving the Notice of Allowance from the U.S Patent & Trademark Office (USPTO), but you have the opportunity, if you qualify, to apply for multiple extensions to allow you time to develop your…

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Securing Those Valuable New Top Level Domains To Fortify Your On-Line Presence

If you think your .com is enough, think again. The new era of top-level domain name extensions is here. Long gone are the days when you could just get .net and .org to go along with your .com. Beyond the .us and .biz and other countries’ designations, there are now industry specific domain extensions that, when properly added to your internet arsenal, can keep competitors off the field. These new domain names are for many main stream industries – from…

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Reassessing The Content Of Your Form Contracts

Form contracts should be reviewed at least annually to determine if any “tweaking” is necessary because a lot can happen in a year. Sometimes developments in your business – changes in the way you do things – can necessitate contract changes. Sometimes changes in the industry itself or the law can necessitate contract changes. Unless you review your contracts annually, your contracts may simply be out of date. This Firm is often called upon to review contracts that have been…

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The Campbell Firm PLLC’s Entrepreneurial Practitioner Scholarship Will Be Offered For Successful Completion Of The Firm’s Summer Internship Program

The Campbell Firm PLLC is pleased to announce that it will offer up to 3 law students, who have completed their 2nd year of studies, the opportunity to intern for 9 weeks with The Campbell Firm PLLC from June 13 until August 12, 2011.  The Internship will allow each participating student the opportunity to do projects in one or more of the areas of corporate law, intellectual property law (excluding patent practice), commercial litigation and criminal law.  Each student who…

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Approximately 6 Months Remaining For Limited Liability Companies, Limited Partnerships & Limited Liability Partnerships Formed Prior to June 1, 2006 To Comply With The New York Publication Requirement

The New York State Legislature amended the laws regarding publication and filing requirements upon the formation or authorization of domestic and foreign limited liability companies, limited partnerships and limited liability partnerships (collectively referred to here as “Limited Liability Entities”). The amended laws became effective on June 1, 2006. A. Limited Liability Entities formed or authorized to do business in New York prior to June 1, 2006, are deemed to have complied with the publication and filing requirements in effect prior…

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