Business Law

Finding out that a former business partner is using your trade secrets in their new venture can be both emotionally taxing and legally complex. This is someone who was once close to your operation and is now taking advantage of the proprietary knowledge you gave them...

Layoffs are not inherently illegal. Both employers and employees understand that they are a potential outcome. Many businesses simply need to reduce their workforce to increase profitability or efficiency, and layoffs are the solution they choose. That being said, it...

If you are considering pursuing a business partnership, creating a partnership agreement would benefit you. A partnership agreement could help define each party’s obligations and responsibilities and reduce potential challenges that may present themselves during the...

If you run a business and a client or vendor owes you money, collecting that debt is crucial. You might use several methods to do this, depending on factors like the type and size of the debt and the nature of your relationship with the debtor. Sending a demand letter...

It may be true that some business growth is luck – being in the right place at the right time. But the majority of lasting businesses are built on a firm foundation with a governance structure, clear goals and a defined growth strategy. All of these items are subject...

It was unquestionably a big deal when it first came to public light back in March. New York’s so-called Pandemic Small Business Recovery Grant Program was formally launched that month as part of the state’s executive budget enacted for this year and 2022. We...

The ongoing and adverse effects of the COVID-19 health pandemic have been deep and pernicious across the United States. Especially for small businesses. Those entities – both in New York and nationally – have almost uniformly dealt over the past year-plus with severe...

Legions of diverse businesses operate across Western New York and elsewhere across the state. A select number of them rely heavily – sometimes even entirely – on the procurement of one specific asset to ensure success. Namely, that is a liquor license, with the...

Think of it as “a business continuity tool.” So says a company valuation expert underscoring the merits of a timely and well executed buy-sell agreement. We express a similar thought at Tarantino Law Firm regarding that often essential contract for small companies,...

When forming a business, most people focus on what you are building – not what could change down the road. While it’s vital to cover how you’ll divide ownership duties, profit and assets as the company grows, it’s equally as important to document how the business is...