Author: Larry Donahue

Larry Donahue is an attorney and founder of Law 4 Small Business, P.C. He is licensed to practice law in Illinois, New Mexico and the US Patent and Trademark Office.

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Fraudulent Transfer, What is it?

A fraudulent transfer, or fraudulent conveyance, is a type of transaction where funds or assets are taken away from a person or entity with the intent to defraud, usually to...

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What is a Trade Name and Do I Need one?

Starting and running a business can be a complex endeavor. It’s important to consider whether you need to register a trade name or not, and it’s equally important to ensure...

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Is Mickey Mouse in the Public Domain Now?

The copyright for the animated short film entitled “Steamboat Willie“, published 1928, is set to expire at the end of 2023. This film is the first of nearly 95 years...

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10 Essential Items for a Template Contract

When running a business or entering into any kind of agreement with clients, it’s important to have a template contract that can be used as the basis for all negotiations,...

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De Facto Partnerships are Dangerous

What is a De Facto Partnership? A de facto partnership, sometimes called an “Ad Hoc Partnership”, is an informal business arrangement between two or more parties. It is a spontaneous...

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OpenAI versus Lawyers

It’s December 2022: we’ve finished evaluating OpenAI, and we’ve come to the conclusion that AI is much further along than we’ve anticipated. When we compare OpenAI versus lawyers, lawyers have...