Since the idea of a corporation was first conceived centuries ago, the primary and fundamental legal duty of officers and directors of corporations has been to generate revenue for the corporation and dividends for the shareholders. An unfortunate consequence of a profits-only driven
Business owners generally recognize the need for annual checkups with their physicians, dentists, investment advisers or financial planners. However, many business owners overlook the need for a checkup on the asset which supports their livelihoods — their business. Annual che
If you are contemplating selling your business or buying a business, you need to understand the necessary steps to be taken to properly protect yourself. Countless conflicts arise from the sale or proposed sale of a business, and such conflicts could result in substantial legal expen
Employee theft is an epidemic which threatens businesses of all sizes. It affects for profit companies as well as charities. It affects government entities as well as private companies. Annual losses from employee theft are hard to accurately calculate but are estimated to be tens of
Employers often struggle with the issue of whether to treat a worker as an “employee” or an “independent contractor.” This classification is an important determination from a tax perspective because it, among other things, dictates who (the employing company or the worker) is respons
We all have read about incidents of cyberbullying. These typically involve students who make derogatory posts about classmates. Indeed, quite recently a student from New Jersey was found guilty of causing the suicide of his college roommate by posting a video of his roomma
The telephone rings. It is your employee calling. He was just involved in an auto accident, and the other party to the accident was badly injured. Is your business at risk? Will your company be liable for the third party’s injuries? The answers to these q
The National Labor Relations Board (“NLRB” or the “Board”) has been in turmoil since the election of President Obama. The Board, which is supposed to have five members, is now down to three, and will shrink to only two when the appointment of one Democratic member, Craig Becker,
A disgruntled employee posts unflattering comments about her employer on her Facebook page. She is particularly scathing about her supervisor, referring to him, among other things, as a “scumbag.” Naturally, upon learning of these comments, the employer fires her. Th
The issue of illegal immigration is exploding on employers’ doorsteps. We have all heard about Sheriff Arpaio’s immigration sweeps and the Arizona statutes dealing with hiring unauthorized aliens. Now both Maricopa County prosecutors and federal agencies are stepping up th