Posts Tagged ‘business law’

Business owners in Pennsylvania should take note of a significant new change to corporate law that will be effective starting in 2024. Act 122 has replaced Pennsylvania’s traditional decennial corporate filing requirements with new annual reporting obligations. Failing to comply with the new regulations may result in administrative repercussions for entities. Below are some frequently asked questions to help you navigate these changes: Pennsylvania’s Act 122 requires annual reports from all organizations including but not limited to: Corporations Limited liability Companies (LLC) Most Partnerships Non-profit corporations Registered foreign entities (out of state companies registered to do business in Pennsylvania). Starting… read more »

“Caveat emptor” was frequently applied to commercial transactions in the past. Caveat emptor is a Latin phrase that translates to “let the buyer beware”. It was a warning to those buying, primarily goods, that they should do their own research and ask pointed questions of a seller before making a purchase. Modern laws concerning the purchase and sale of goods often provide protection in that regard. However, investigating and asking questions remains valuable, even when obtaining services. These days, many legal services are available online. But they are not as helpful or inexpensive as they might seem. For example, you… read more »

Congratulations to Attorney Rebecca Shanaman for joining the Downtown York Rotary! Attorney Rebecca Shanaman is the Chair of the CGA Real Estate Group and focuses her practice on real estate law and business law. Originally from Chicago, Rebecca joined CGA in 2016 and brought over a decade of experience with her to strengthen our departments. Rebecca is experienced in negotiating and closing sophisticated business and commercial real estate acquisitions and sales. She is skilled at negotiating and drafting contracts, including purchase and sale agreements, commercial leases, asset purchase agreements, solar leases, and multi-member operating agreements. Rebecca has significant experience in… read more »

Small Business Owners and COVID-19 The COVID-19 pandemic has affected every one of us—but perhaps none more so than small businesses owners. A May 2020 study, conducted by the Society for Human Resource Management, reported that 42% of small business owners had to close their business as a result of the pandemic and that 62% of small businesses experienced a decrease in revenue. In November 2020, Vice President Harris acknowledged these bleak circumstances by confirming that one in four small businesses in the US have closed due to COVID-19. Over the last year and a half, the federal government has… read more »

Every ten years business entities of every kind who are registered to do business in the Commonwealth of Pennsylvania are required by law to make a decennial filing with the Pennsylvania Department of State confirming the continued existence of the business in order to maintain exclusive use of its registered name.  The Department of State has sent out postcard notices to businesses that are required to make a decennial filing this year. Your business may have already received this notice or you may be receiving a notice soon. However, just because a business has not received a notice does not relieve it… read more »

COVID-19 has created many urgent questions for business clients, including how to handle commercial contracts.  This article outlines the issues involved and provides general information to aid in certain decisions.  Under the laws, there are multiple frameworks that might apply to your situation – explicit contract language, the UCC and the common law of contracts.  An attorney can help you determine which of those frameworks applies to your circumstance. Each situation is unique and this article does not provide any specific advice. Force Majeure Your commercial contract may contain a force majeure provision.  A force majeure provision may excuse or delay certain contractual obligations during… read more »

Liliana Fisher is a graduate of the Dickinson School of Law at Penn State and received her undergraduate degree from Seton Hall University. Liliana is the only native Spanish speaking attorney in the York County Bar Association. She has managed numerous cases dealing with many diverse aspects of the law including DUIs, white-collar crime, drug-related charges, cases involving domestic violence, and other forms of misdemeanor and felonies. At CGA, she will be handling litigation, real estate, and employment law. Renée Franchi is a graduate of the University of Pittsburgh Law School and earned her undergraduate degree in Biology from Boston… read more »

Article by: Jeffrey L. Rehmeyer II, Esquire There are many big-business practices that don’t necessarily apply to smaller companies. When you are a start-up or small company, you can often cut a lot of red tape without any repercussions. However, the use of non-disclosure agreements (“NDAs”), which are legal contracts of confidentiality, is not a corner to be cut. A strong NDA for your business is simple and not that expensive. The value that you will receive to protect your company and your ideas is arguably worth the potential value of the company itself, or at least the value of… read more »