Entrepreneurs in Oregon and around the country have traditionally formed corporations to limit their liability and protect their personal assets, but limited liability companies have become extremely popular in recent years. An LLC provides the same asset protection...
Taking The Stress Out Of Legal Matters
Business Law
Understanding contract rescission
Contracts are signed every day in Oregon, and many of them include a right of rescission that can be used shortly after the contract is signed. Other contracts may be rescinded if there is sufficient evidence to prove that the agreement was invalid. What is...
MLB team reaches a trademark agreement
Residents of Aloha and other nearby areas in Oregon may want to learn more about the settlement of a lawsuit that charged the former Cleveland Indians with trademark infringement. The new name for the Cleveland Indians is "Guardians," but a local roller derby team...
Understanding an anticipatory breach of contract
Business owners in Oregon sign all different types of contracts with other companies that they work with. Contracts are meant to establish the responsibilities of multiple parties and provide legal remedies if things go wrong. If one party in a contract decides that...
Buying a small business
Each year in Oregon, many people start new businesses. Others choose to purchase existing businesses so that they can operate their own companies without having to start from scratch. However, purchasing an existing business requires multiple steps to prevent things...
What to know about selling a small business
Selling your Oregon small business can be an effective way to secure your financial future. However, there are many steps that you'll need to take before a transaction is finalized to ensure that you get a favorable deal. For instance, it is generally in your best...
Why you should trademark your brand name
Oregon businesses invest quite a bit of money in their brand identity. The last thing business owners want is for someone else to come along and take advantage of the time and money that they spent to build their brand. This is why they need to file for trademarks....
Why should you register your business name in Oregon?
You don't need to register your business name to operate a business. However, there are a lot of good reasons to register your business name with the state and with the IRS. What are some of the benefits to registering your business name? Most small businesses that...
How can you avoid litigation?
Litigation serves as a legal tool by which parties can sort out their legal disputes. This is what most people think of when they think of "taking someone to court". Though it has many benefits, it also has potent downsides such as enormous costs. When you face a...
3 characteristics your business successor should have
You may enjoy running your company so much that it is difficult to think about passing it on to someone else. However, the time to choose your business successor is long before you anticipate needing one. There are several good reasons to choose your successor early...