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Who Can Legally Bind My Company?

By : Jon Garner Who can legally bind your company? Who can sign contracts on behalf of your company? These are questions that business owners all too often fail to consider, and in so doing, create unexpected or unwanted liabilities. Generally speaking, the owners, officers, directors and/or managers of a company have authority to bind

Looking to incentivize a key employee who lacks cash for a buy-in? Consider a “profits interest.”

By : Charlie Wittmack If you own a partnership (or an LLC that is taxed as a partnership), you may divide your partnership interest (or membership interest in the case of an LLC) into a capital interest and a profits interest. Every business owner understands the value of their “capital interest,” which represents their ownership

Two Wins for Employers on Bio-metric Data Collection

Employer-mandated biometric screening is an emerging area of the law that is increasingly controversial. Two recent opinions are shaping how employers collect this data and what they do with it. Employers’ use of biometric data has been increasing in recent years as employers seek creative new ways to counteract ballooning health care costs by motivating

Book Burning and Pizza Slinging | Ex-CEO Slugfests Heat-Up at B&N and Papa Johns

The Ex-CEOs of two category-leading, but poorly performing, national brands escalated their battles this week with a host of new allegations that forced onlookers to determine whether personal issues or financial performance were to blame. On Tuesday morning, Demos Parneros, the recently ousted CEO of Barnes & Noble filed suit in the Manhattan Federal Court

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