In the domain of business ventures, the cornerstone of success lies within the realm of commercial contracts. Well-crafted contracts, possibly reviewed by a commercial law attorney, can be your invaluable allies. So, how do you transition from a simple handshake to a legally sound document without unnecessary complexity? Let’s get started; it’s not as intimidating...
In the legal arena, you often hear the term “municipal law.” But what is it? How is it different from ordinary law? And what are some examples? Definition of Municipal Law Municipal law refers to laws that apply to cities, townships, and counties (known as municipalities) and the governing bodies within those entities. Just like...
Starting a new business is exciting but can be a confusing process. There are numerous decisions to be made when planning to launch and one of the first is determining the legal structure. Choosing the business type is important as it effects operations, taxes, the amount of paperwork to be filed, and how much personal...
By now, anyone who is reading this blog understands that the world is dealing with a situation unparalleled in recent history – a worldwide pandemic driven by a Coronavirus strain known as COVID 19. In these uncertain times, unsubstantiated fear and panic sometimes lead people to make rash or irrational decisions out of fear, which...
Redevelopment Commission Deadline for Determining Excess Assessed Valuation in TIF Districts A major responsibility of a municipal Redevelopment Commission (RDC) is to determine the existence of excess assessed value (AV) in a local TIF district. To make this determination, RDCs are charged with analyzing financial and project reports to consider whether there is excess AV...
Fundamentals of a Contract Years ago, many personal and business deals were made and transacted with a simple handshake. If disagreements ensued, the parties could go to court and ask a judge to resolve the dispute, hopefully, in their favor. These days written contracts are the norm and, if prepared properly, they can protect the...
