The Dangers Of Filing Liens Incorrectly

April 26, 2021 / by Kristy Donahue / Dispute Resolution / 0 comments

Attorney Joesph Turner talks about why completing the lien process correctly is so important. Contract and payment disputes between contractors and homebuyers are very common. In some situations, the homebuyer runs out of money at some point during the construction of a house and is unable to pay what they owe to the builders. Other […]

What Is a Land Lord’s Lien?

July 13, 2020 / by Larry Donahue / Document and Contracts / 0 comments

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 […]

Art of the Lien: Types of Liens and How to Avoid Them (Part 1)

October 31, 2018 / by Larry Donahue / Dispute Resolution / 0 comments

Almost all types of businesses deal with liens, one way or the other. If you borrow money or have a line-of-credit with a vendor, chances are there is a lien on some form of property or asset of your business. Similarly, if your business is in construction, real estate improvement of any type, loans money […]

Successor Liability – Even in an Asset Purchase

January 17, 2015 / by Larry Donahue / Mergers and Acquisitions / 8 comments

Interested in buying a business, or thinking about pulling that trigger and acquiring your labor of love? Before you do, you need to understand what “Successor Liability” is, and how it can ruin everything if you don’t plan accordingly. Buying a business can subject you to potentially infinite liability … As attorneys, we often get […]

Tips for successfully joining a partnership

July 19, 2011 / by Larry Donahue / Business Tips / 16 comments

In a previous blog post, I talked about how Not Incorporating is Risky Business, which was directed at the sole proprietor and why they should consider incorporating their business. Suppose, however, you’re considering signing up as a partner into a pre-existing company, such as a partnership, limited liability corporation (or LLC), or S-Corporation? Is there […]