Im about to open a new retail store and the landlord asking 10 years lease, I want to know what is the worse case scenario if my
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Answered on April 28, 2021
As my colleague stated, you should retain experience commercial lease counsel. Commercial leases are typically highly negotiable documents and very...
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Would the language provided below constitute a franchise or license agreement?
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Answered on April 26, 2021
Please understand that what you wrote would not be a clear contract and would likely cause a great deal more issues and costs then the cost of...
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What is considered commingling business and personal funds as a SMLLC?
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Answered on April 23, 2021
The answer is a bit complex. However, the best way to ensure that the veil cannot be pierced is totally treat both appropriately. I would pay the...
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What are my rights
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Answered on April 20, 2021
If this is a commercial lease, then your rights are defined in the lease itself. However, if the LL is threatening you or extorting you, then you...
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What kind of pandemic clause can/should I request in a new commercial lease in NYC? (Biz owner/prospective tenant here)
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Answered on April 19, 2021
We started adding a Covid 19/pandemic/epidemic clause in early March 2020. This clause is negotiated to allow for either rent abatement or rent...
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About my restaurant thats on lease.
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Answered on April 19, 2021
If you had negotiated an exclusive use clause that stated that your use would be the exclusive use in the center you would have rights against the...
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Can I work with a competitive company if I signed a secrecy agreement?
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Answered on April 13, 2021
I have moved this question to employment law. The answer lies in the agreement you signed. If it is merely a confidentiality or non-disclosure...
Why was my llc filing process delayed with the state ?
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Answered on April 09, 2021
PA is taking about 3 weeks for LLC formations. There may be a reason for the delay, but also they are backed up.
Can I get out of my franchise agreement and get my money back if I didn't receive an FDD?
Nancy's answer
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Answered on April 04, 2021
As my colleagues have stated, your question needs further analysis for a clearcut response. You should consult an experienced franchise attorney...
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Can a commercial landlord take 100 percent of sale price for my business as the lease states?
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Answered on April 02, 2021
If your lease says that the LL gets 100% of the profits from the sale of your business then that is what has been contractually agreed to. It is a...
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