Buying a business can be more complicated and have greater tax ramifications then one may first realize. Generally speaking there are two different values to a company, the book value and the actual value. When you are buying a company with significant assets there will be significant research, perhaps by a business valuation company, into […]
This is an issue that comes up quite often in my Business Litigation Practice. When two businesses, especially small businesses, first get together they are excited to have the service/ a new client and other than maybe a written a proposal have nothing in writing setting out the terms of the agreement. If everything does […]
While the rent per square foot is an important consideration, money is not the only thing that can be negotiated in a commercial lease. A colleague of mine, Attorney Chris Moander, recently wrote an article “The lease is a beast I can’t stand in the least” on his blog, and he warns of the danger […]
Everyone always wants them, very few people actually get them. There are generally three ways to get attorneys fees. One, if they are explicitly granted as a part of a contract for which you are pursuing a breach of contract claim, if you win you will get Attorney’s fees. If you do not, you may […]
Click the links to get to Anatomy of a Contract part 1 of 3 or part 2 of 3 In part 2 of 3 I mentioned that the “Action” part of a contract is the most important part of a contract; and it is, but mainly because of how it relates to the “insurance” part […]
If you missed “Anatomy of a Contract (Part 1 of 3)” click here In that section I discussed the recitals, or as I refer to it, the “Information” part of a contract. The other two parts are “Action” and “Insurance”. In this post I am going to talk a bit about the “Action” portion of […]
Always a question that concerns business owners is what should be included in a contract? The short answer: everything that is needed. However, there are ways to break up drafting a contract to make it easier to know what should be included, and when it is too much and jeopardizes the deal getting done. Even […]
I like this joke because it gently makes fun of both the Lawyer and the Client: A man is flying in a hot air balloon when he realizes he is lost. He reduces his altitude and spots a man in a field below. He lowers the balloon toward the man and shouts to him, “Excuse […]
Then why allow your Realtor to perform Legal Work? As odd as the analogy sounds, it is not really that far off base. A nurse has seen many surgeries performed successfully, and chances are with a little practice the Nurse could pull off a fair amount of surgeries without any real problems. Of course, that […]
This is the inaugural blog of the Milwaukee Business Law Blog. My name is Sean Sweeney, I am a solo practitioner in Wauwatosa, Wisconsin. You can check out my firm’s website at www.TosaLawOffice.com On that site you will find an explanation of the practice areas that Tosa Law Office focuses on, as well as a […]