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Anything involving commercial transactions, or the buying or selling of a business.

Why Subchapter 5 Bankruptcy Might Be Key In Small Businesses Surviving COVID-19

The Small Business Reorganization Act (SBRA) was signed into law in August 2019.  The new law was set to shore up the hole that had been created back in 2005 when the Bankruptcy Abuse Prevention and Consumer Protection Act was unveiled.  The 2005 act significantly increased reporting requirements under Chapter 11 which left many business […]

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What Are The Options To Laying Off Employees During COVID?

There are resources available. The key is knowing where to look. As a business owner, you may have heard about the Paycheck Protection Program (PPP) loans, which are low-interest loans awarded by the Small Business Administration (SBA) to help cover payroll and some other operational costs. Assuming the loan proceeds are spent properly and other […]

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Investor, Partner or Vendor? How to Contribute to a Company and Benefit By It.

Whether you are an engineer, scientist, artist, developer, financial whiz or just someone with a useful asset, odds are you’ve been asked to join, help or participate in a startup company. If so, and you’re wondering what options are available to participate, this blog article is for you. First, Evaluate Your Personal Preferences Before I […]

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What Is a Land Lord’s Lien?

Most commercial leases include a Land Lord’s Lien Clause and many business owners don’t understand that magnitude of it. A Land Lord’s Lien is generally a clause written into a lease. What the clause does is allow a Land Lord to keep the property within a leased space should the tenant default on the payment […]

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Why Can’t I Just Terminate My Lease?

Wanting out of your commercial lease does not mean you can get out. Needing to terminate a commercial lease comes up often, and especially now with the current situation in the world. The bottom line is, commercial leases are governed primarily and solely by the lease itself, unlike residential tenants who enjoy certain protections under […]

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Understanding Contracts: How do Security Interests work?

Last Updated: No update. New article. Contracts are at the heart of business. At their simplest, contracts are the formalized agreement between two (or more) parties spelling out what each party is required to do and what benefit they’re expecting to get in return. But what happens when one party doesn’t — or can’t — […]

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Stay in the Game- Part 2

Don, Ian and Larry are returning to ESPN Radio on 5/7/2020 @ 3 pm! L4SB is remaining focused on getting Small Businesses through the COVID-19 Crisis. This is an updated day and time! Discussion Topics: Tune in to Team up for New Mexico show on 101.7 The Team, Thursday, May 7, 2020  from 3-4 pm. […]

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GM files racketeering lawsuit

General Motors recently filed an unprecedented federal racketeering lawsuit against Fiat Chrysler They are accusing their rival of bribing United Auto Workers officials to give the company an unfair cost advantage by corrupting the bargaining process, leading to billions in losses for GM. GM alleges a pattern of racketeering by FCA occurring from 2009 to […]

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Understanding Contracts: Asset vs. Stock Purchase

So, you’re looking at purchasing someone’s business or selling your business, but what exactly does that mean?  You have two primary options: an asset purchase or a stock purchase.  It’s very important you understand the differences in order to know which one is best in your situation. What’s the difference? Asset Purchase With an asset […]

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