NY Corporate Law

Firm News

Dec 23, 2020
1 min

Free Initial Consultation with a Lawyer

Hayes & Simon, an international law firm, is offering a free initial consultation with an attorney in New York. Your legal consultation...

Oct 5, 2020
1 min

Investment in Distressed Assets in NY: Purchasing an Asset in Bankruptcy or via a UCC Foreclosure

Opportunities are increasingly emerging in New York for the purchase of distressed assets. Opportunities abound in commercial real...

Sep 9, 2020
1 min

Reverse Merger Compliance & Disclosure Requirements: SEC Compliance Basics

In a prior article, we discussed the basics of Reverse Mergers (also referred to as reverse takeover “RTO,” reverse IPO, or a backdoor...

Aug 7, 2020
1 min

Starting Business in New York via a Joint Venture or Partnership Agreement?

Starting a business in New York can be an enjoyable and profitable adventure if you get the business on the right track from the start....

Sep 16, 2018
1 min

Buying or Selling A Business in New York? Do Your “Due Diligence”

Before buying or selling a New York business, make sure you understand how to perform “due diligence” for the business. This is essential...

Aug 30, 2018
1 min

Understanding New York’s Business Judgment Rule

Officers and directors of start-up corporations are responsible for managing and directing the business’s affairs. As the business grows,...

Jun 14, 2018
1 min

NY State and Federal Tax Exemption for your New York Nonprofit

Now that you created your New York nonprofit, let’s discuss how your New York nonprofit can apply for state and federal tax exemption....

Nov 15, 2017
1 min

SEC Regulation D – Private Offerings: NY Startup Law

Start-ups in New York looking for investment capital should consider the classification of investors that can and cannot partake in...

Oct 6, 2017
1 min

Suing New York Banks in Equity: New York Equitable Accounting Remedy

Recently, we discussed a case where we were able to hold JPMorgan Chase to their word with regards to a stipulation made in a New York...

Jun 17, 2017
1 min

When Must Your NY Business Agreements Be In Writing?

While it is always advisable to put all your New York business agreements in writing, there are special rules that govern whether a...

Dec 15, 2016
1 min

Liability of New York Shareholders for Unpaid Debt of a New York Company

If you reside in New York or wish to run a business in New York, it may be convenient to incorporate a business in New York. But before...

Nov 18, 2016
1 min

Factors to Consider When Forming a Corporation in New York

New York businesses are not bound to incorporate within the state to operate within New York State. In fact, start-up businesses in New...

Nov 3, 2016
1 min

Successor Liability Pitfalls in New York

When buying or selling a New York business or any of a business’s assets under NY law, the potential successor liability of the buyer is...

Nov 2, 2016
1 min

Foreign Nationals Can Work for Their Businesses in New York

If you are a foreign national living in New York, it is not impossible for you to start a business. Starting a business, in New York,...

Oct 27, 2016
1 min

New York Reverse Mergers Basics

If you are looking to take your New York private business public, consider the benefits and drawbacks of a New York reverse merger. ...

Aug 25, 2016
1 min

NLRB Judge Rules Chipotle Is Liable For Labor Violation For Enforcing “Unlawful” Social Media Policy

This week, the National Labor Relations Board (NLRB) ruled that Chipotle Mexican Grill had an “unlawful” social media policy that...

Aug 9, 2016
1 min

Breach of the Duty of Care in New York -Say Out of the Strip Clubs if you are using Corporate Funds

A recent lawsuit makes allegations that, if true, shows what not to do if your New York startup business obtains investment funding. To...

Aug 5, 2016
1 min

New NLRB Labor Rules Negatively Impact U.S. Franchises

Revised federal rules from the National Labor Relations Board that gives employees more leverage in settling workplace disputes are...

Aug 4, 2016
1 min

Business Groups Sue Over U.S. Government Crackdown on Corporate Inversions

Two business groups have sued the Obama administration over the government’s crackdown on U.S. companies moving abroad to reduce their...

Aug 3, 2016
1 min

Filing a DBA Name In New York

If you want to conduct business under a trade name that is different from the name used to form your New York business, then you need to...