The Dunlap Law Blog

Is Small Business Bankruptcy Right For You?

Is Small Business Bankruptcy Right For You?

Worst of all, your cash reserves and any Paycheck Protection Program money you may have received are long gone. Your creditors are hounding your cell phone and your mailbox is full of bills. And with all of the talk about the “new normal,” perhaps you no longer see any light at the end of the tunnel for your business and are ready to throw in the towel. If so, perhaps a Chapter 7 bankruptcy is right for you.

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The Confidentiality Clause Curse: Should Your Professional Services Contract include a Confidentiality Clause?​

The Confidentiality Clause Curse: Should Your Professional Services Contract include a Confidentiality Clause?​

Attorneys have an ethical duty to protect their clients’ confidential information under the law, but most professional services providers are not automatically bound to do the same. One way the parties to a professional services contract can manage the risks accompanying the necessary access to sensitive information is to address them in a confidentiality statement.

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Starting a Business With Friends? 6 Questions You Need To Ask

Starting a Business With Friends? 6 Questions You Need To Ask

This post will help you think through six of the most basic questions that you’ve got to answer before you start your business.1. What Will Each Person Contribute to the Business? 2. Will Your Rights In Your Business Be Proportional to the Contribution to the Business? 3. What If One of You Wants to Resign? 4. Whether or Not You Need a Prohibition Against Engaging in Competing Business Activities. 5. Who Will Manage the LLC?
6. Can a New Member Join the LLC?

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