By K.P. Reddy | Published September 26, 2013 | Posted in Business Law | Tagged Tags: business law, entity formation, partnership agreement, shareholders | Leave a comment
There are many steps to consider when forming a partnership in Georgia, including choosing an available business name and registering it, opening a business bank account, and determining what tax and regulatory obligations the partnership will have. One of the most important steps in this process is creating a partnership agreement. Accordingly, it is crucial Read More
Read MoreThe Davis-Bacon and Related Acts (DBRA) applies to contractors and subcontractors performing construction, alteration, or repair work on public buildings or public works, pursuant to federally funded or assisted contracts. Under the DBRA, contractors and subcontractors must pay their laborers and mechanics at least the locally prevailing wages and fringe benefits for corresponding work on Read More
Read MoreRestrictive covenants, such as noncompete agreements, are contracts that restrict or prohibit an employee’s competition with an employer during or after the term of the agreement. They are aimed at protecting a company from unfair competition. Georgia courts only enforce restrictive covenants if a business proves the existence of a legitimate business interest justifying the Read More
Read MoreConsolidated Omnibus Budget Reconciliation Act (COBRA) requires group health plans to offer continuation coverage to employees, former employees, spouses, former spouses, and dependent children, known as “qualifying beneficiaries,” when group health coverage would otherwise be lost due to certain specific events, called “qualifying events.” A qualified beneficiary is any person covered by a group health Read More
Read MoreSexual harassment is illegal when it creates a hostile work environment or results in the victim being fired or demoted. A harasser could be anyone in the workplace, including a supervisor, a co-worker, or a customer. Although Title VII of the Civil Rights Act does not formally list sexual harassment as a form of discrimination, Read More
Read MoreA trade secret is information regarding a valuable and unique method or technique that a business employs. Your trade secrets are the key to the success of your business. In order to invoke legal protections for these secrets, a business must make an effort to maintain their secrecy. But what if a trade secret is Read More
Read MoreWhen you joined a new software company based in Atlanta, Georgia, you signed a contract that guaranteed you a bonus based on meeting and exceeding your annual sales numbers. As one of the top salespeople in your company, you have a proven track record of success over the last two years. However, the company was Read More
Read MoreYou’ve suspected for a while that your employer at the construction site in downtown Atlanta was cutting some corners. The project is behind schedule and pressure is mounting on the company to get the building up to avoid penalties as specified in the terms of the original contract. To move things along more quickly, your Read More
Read MoreIf you are one of those people who enjoy the challenge of inventing new things, you’ve probably been working on the next great breakthrough for years. Now, after many years of tinkering in your garage in Atlanta, you think it’s time to take the next step. Do you need a patent to protect your machine’s Read More
Read MoreYou and your brother have discussed reviving your grandfather’s restaurant business for quite a while. Though the economy isn’t booming, the business environment is picking up in Atlanta. According to the 2011 Kauffman Index of Entrepreneurial Activity, Georgia is second in the nation as having the largest increase in entrepreneurial activity during the past decade. Read More
Read More