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Trademark Scams

Why Trademarks or Service Marks? A number of my clients have filed for federal trademark registrations with the U.S. Patent and Trademark Office, and there are great reasons to do so.  For one, a federal trademark registration may provide protection throughout the United States for your trade name, brand or logo.  If successful, the registration…

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North Carolina Annual Report Filing Changes

The North Carolina General Assembly recently passed legislation (Session Law 2010-31), which went into effect June 30, 2010, making a few changes in the annual report filing requirements for North Carolina corporations and limited liability companies. Amazingly, the new law may actually result in some limited liability companies not having to pay the $200 annual…

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Incorporating Your Start-up Business

You have a great new business concept (or even better, you’re buying someone else’s great business concept), a cool name, and plans to be in business by next month. Maybe you have even met with an accountant to review your business plan and set up your books, which is always a good idea. You’ve noticed…

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Negotiating Commercial Leases (Part 2)

Signing a commercial lease is often one of the first significant financial commitments that an entrepreneur will be required to make to his or her new business venture. Landlords will generally demand a personal guaranty of the lease by the business owner(s), requiring personal assets to be placed at risk. Accordingly, any prospective tenant should…

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Negotiating Commercial Leases (Part 1)

At some time in the life of their business, most business owners will find occasion to lease commercial space. While owning business real estate can be desirable, many businesses cannot afford a significant cash outlay, particularly at the development stage. For those contemplating a new lease or lease extension for your business, the purpose of…

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Buyers Beware!

Following is an article that I published in the Fall 2009 Quarterly of the International Business Brokerage Association: Caveat Emptor is one of those Latin phrases we lawyers learn in law school. It means “buyer beware”, and is a fundamental principle of English common law that governs business transactions. It means that the buyer of…

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