While We Wait

While We Wait

Sometimes “topics” are “trending” and we do not even know why.  The current you-know-what pandemic may affect business owners, employees and investors whose transactions are “in the works”.  What may happen to those pending deals? One or more parties may get cold-feet...
“Deal With It” Month

“Deal With It” Month

We might as well call this segment “Dealing with this Month”.  We are being flooded with news and information about you-know-what.    At Laberee Law PC, we suggest it would be prudent and healthful to plan for the day when things get better – – when...
Why “50-50” Makes Lawyers Nervous

Why “50-50” Makes Lawyers Nervous

In many parts of life, an even split is a symbol of trust and fairness. “Even-Steven”. “One for all and all for one”.  So why do business lawyers dislike 50-50 governance and ownership in corporations and LLCs?  The answer is: deadlock.  If two shareholders cannot...
Best Efforts in Commercial Contracts

Best Efforts in Commercial Contracts

“Best Efforts” in Contracts In a commercial transaction, the contract parties make certain promises to each other about the way things are and about what they will do in the future.  Some examples:  “I promise to obtain the software license by the end of the year.”...