POST CATEGORY : Legal

4 Advantages a Conveyancer can Help you When You’re Buying and Selling a Property

A conveyancer is vital in situations involving the law and legal matters in real estate. When you’re out to buy a new home, you might want to look for a right solicitor aside from a helpful real estate agent.

While looking for a new home may seem exciting, it can be full of legal issues, especially if you’re not familiar with the legal policies involved with buying a new home. The same is true when you are about to sell a property.

Real estate conveyancer helping clients

It is crucial to acquire the services of a conveyancer when buying and selling properties. In essence, a conveyancer is a licensed professional that has extensive knowledge and understanding of real estate law.…

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What is The Role of The CEO in Regulatory Compliance?

The role of the Chief Executive Officer within a business is understandably an important one. The CEO is usually the highest-ranking executive and tasked with making long-term strategic decisions for success.

Respectable CEO

While it may be tempting to think of CEOs in terms of big multi-nationals only, it is also key for many small businesses to have someone fulfilling this position. As well as helping a business to grow over time, a CEO is also the public face of any organization and manages the overall operational functions.

One key area for all small businesses now is undeniably regulatory compliance. This entails making sure your company complies with any relevant laws in the state or country it operates in.…

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Important Things to Know about Product Liability Cases

If someone is severely injured by a defective product, they can claim compensation for financial losses, suffering, and medical costs. However, these cases may be highly complex and need the involvement of an expert local attorney to attain success, which requires hard work, determination, and discipline.

Failed product

There are several kinds of product liability cases, like those involving:

  • Defective vehicle components
  • Defective consumer products
  • Defective medical products and drugs
  • Inadequate usage instructions and safety advisories

Product liability means a seller or manufacturer being held liable for putting a defective product in the hands of a customer. Responsibility for any injury caused due to product defect lies with ever seller of the product who is involved in the distribution process.…

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How a Small Business Can Invoke the Power of Involuntary Bankruptcy to Get Paid

Yes, you read that right – a creditor can force a business debtor (and sometimes, a wealthy individual) into bankruptcy under certain circumstances. If a business debtor owes your company money, consider filing an involuntary bankruptcy case on its behalf.

Involuntary bankruptcy

Read on to find out when filing an involuntary bankruptcy petition is advantageous for a creditor, and how to do so.

The Debtor Company Must Have Assets

So your company is owed money, and the debtor has assets. This is the perfect reason to file a Chapter 7 bankruptcy case on behalf of the debtor. What ideally happens next is that the Chapter 7 Trustee will seize and sell the assets of the debtor business for the benefit of that business’ creditors, including you.…

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Main Reasons Why Your Workers’ Compensation Could Be Denied

We have covered in the previous articles that there is an eligibility requirement before you can be considered, well, eligible for claiming a workers’ compensation benefits.

Workers' compensation

Let us review this eligibility requirements briefly:

  • You should be classified as an “employee”.
  • Your employer/company should have a workers’ compensation insurance.
  • Your injury should be work-related.
  • You should filed for a workers’ compensation claim on or before your state’s allotted deadline.

Most likely, you will pass the four eligibility requirements. Yet, just because you are eligible does not mean you will automatically get your workers’ compensation. Your employer and insurance company would like to know if your case is truly work-related, or if your case falls within the range where you should be given workers’ compensation benefits.…

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How to Look for the Best Legal Representatives for your Company

Every company requires legal counsel at some point. This is why chief legal officers or CLO are often in the C-suite of large companies. Small and mid-sized businesses need legal counsel, as well. This can help them set up company policies and management of said policies to minimize the potential for lawsuits when disputes arise.

Legal representative for your business

Legal counsel can guide you in crafting enforceable intellectual property agreements, product warranties and non-disclosure forms. However, not all businesses have this counsel on hand when drafting documents, and lawsuits and claims can arise that aren’t in the purview of an HR attorney.

Here are a few tips for finding the best legal representatives for your company.…

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How to Value a Small Business for Divorce

One of the most challenging aspects of divorce is the division of assets. Depending on the marriage and the assets accumulated during this time, dividing these fairly between spouses may need to involve professionals, especially when it comes to valuing and dividing a business. With the different approaches to valuation and the aspects of a business that they focus on, the outcome of the valuation may differ substantially from method to method.

Divorcing small business owners

In this article, we will outline and explain these different approaches in valuing a business for the purposes of a divorce.

Separate or Marital Interest

The first step in valuing a business for the purpose of divorce is to determine how the value or interest in the business should be split.…

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Do You Need a Lawyer When Claiming for Workers’ Compensation?

When claiming for workers’ compensation benefits, one of the questions that may enter your mind is: do I need a lawyer when claiming for worker’s compensation benefits?

Hire a lawyer for making workers' compensation claims

Technically, the answer is no. You can usually do the filing for claims yourself without any lawyer’s help. However, not all are comfortable doing this by themselves.

For one, they are afraid of being given less of what they actually deserved. This is a sad reality, but some companies and even insurance companies do not give the full compensation an employee deserves, primarily for their own interests.

But let’s be clear: we don’t intend to put employers, companies and insurance companies in a bad light – it just so happens that some do rip off their employees.…

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Protecting Your Business Against Civil Lawsuits

For any business, the risk of lawsuits is a real one. You do not have to do much wrong to end up fighting one. It is a danger that no business can afford to ignore. Losing just one lawsuit can strip your company of most, sometimes all, of its assets. However, there are things you can do to protect enough of your assets to enable you to continue to trade.

Asset protection from lawsuits

If you are wondering how can I protect my assets from a civil lawsuit all you need to do is to read on.

You need to take action now

The first thing to understand is that once a lawsuit is in progress, it is almost certainly already too late to make changes to protect your assets.…

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What Are the 5 Types of Accidents Covered Under the Defense Base Act?

Based off of an extension of the Longshore and Harbor Worker’s Compensation Act, the Defense Base Act serves a very specific purpose. It provides compensation for medical benefits, death benefits and more to eligible employees. Unlike the LHWCA, the Defense Base Act has several restrictions on which accidents are covered, and which workers can collect payment.

Wet floor caution sign

The often-complicated nature of the paperwork leads to workers depending on the help of Defense Base Act legal teams. They provide a network of information that is needed to navigate the rough road to recovery.

5. While Driving

When driving on the job, an accident can change everything.…

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