Business Entities — a LLC and Close Corporations

Francine | April 27, 2010

Limited Liability Company (LLC) is a flexible form of doing business. It allows the owner of an LLC to be taxed as a corporation or as a partnership. Each state sits own requirements

Breach of Contract — Remedies

Francine | March 30, 2010

There are a variety of money damages available to the non-breaching party, which include

Contract Law — What is a valid contract?

Francine | March 14, 2010

So what is a contract? It’s an agreement between two (or more) parties. When you agree to do something—and all the terms of that agreement are met—you have a binding and enforceable contract, which can be upheld in a court of law (you can win money damages) or equity (you can compel someone to do what they promised to do). Most contracts are in writing

What Minority-owned Businesses Should Know About the Rothe Case…

Francine | August 26, 2009

First, this is an important case for small minority businesses, because it has the potential of unleveling the playing field, in terms of who gets awarded very lucrative government contracts.