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When Is an Oral Contract Enforceable?

While it’s always best to have a written contract, business moves at such a rapid pace that reducing a contract to writing is often impractical. However, only certain types of contracts need to be written to be enforceable. In Pennsylvania, these include contracts involving purchase and sale of an interest in real estate or of Read More

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Is a Business-to-Business Noncompete Agreement Enforceable?

When your key employees have access to valuable and sensitive business information, you can feel safer if you require them to sign a noncompete agreement. In essence, this prohibits executives, managers and others with access to your proprietary data from using it to compete with you, whether by starting their own business or by moving Read More

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Tips for Establishing Your Tech Startup in Pittsburgh

Pittsburgh is a great place for people with big ideas and the drive to make them profitable. It’s no surprise that dozens of tech startups emerge from the University of Pittsburgh, Carnegie Mellon and other area schools each year. In addition, since the city established itself as an epicenter for cutting-edge robotics, artificial intelligence and Read More

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Pennsylvania Bakery Wins Trademark Lawsuit over Indiana Company with Similar Name

Starting a business is exciting, but also involves worry and the possibility of legal issues. One important matter to consider when starting a new business in Pennsylvania is the name for your company. For one thing, the name must not infringe on that of a pre-existing business. A new company in Indiana found this out Read More

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Can You File a Lawsuit Against an Employee for Starting a Competing Business in Pennsylvania?

Pennsylvania does not have a specific statute regarding “customer poaching,” but there are ways you can protect your business from an employee who uses protected information to establish a competing business. In Erie County, a local barn-door hardware company filed a five-count complaint against its former office manager. The hardware company alleged that the ex-employee Read More

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IRS Issues Proposed Regulation on a New 20 Percent Deduction for Pass Through Businesses

The Internal Revenue Service (IRS) issued a proposed regulation on August 8, 2018 for a new provision know as Internal Revenue Code (IRC) Section 199A. Section 199A of the IRC allows many owners of sole proprietorships, partnerships, trusts and S corporations to deduct twenty-percent of their qualified business income. Please contact us to discuss how Read More

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Can You File a Lawsuit in Pennsylvania for a Breach of Contract If You Feel You Have Been Defrauded?

When a vendor or service provider fails to deliver goods or services that were paid for and expected, it can be considered a breach of contract. Generally, a breach is not considered to have occurred if there is a legally sound explanation for non-delivery and a refund or favorable remedy was provided. However, matters are Read More

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What Could Happen If My Small Business Does Not Have a Succession Plan?

Family businesses meant to last forever are best served by having plans in place outlining how the current ownership hopes things will be run in the future. When succession planning and other contingencies are mapped out ahead of time, a family-owned small business can be more easily transitioned when the current ownership retires. In Pennsylvania, Read More

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2017 Tax Act Limits 1031 Exchanges

IRC Section 1031 provides an exception and allows you to postpone paying tax on the gain if you reinvest the proceeds in similar property as part of a qualifying like-kind exchange.  Gain deferred in a like-kind exchange under IRC Section 1031 is tax-deferred, but it is not tax-free. Prior to enactment of the 2017 Tax Read More

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Tips for Avoiding Disputes in a Family Business

It’s a fact of life that most families must deal with conflict between loved ones on a regular basis. This conflict can be relatively benign in the context of most family structures, but there can be some real consequences when family members own a business together. To that end, there are some steps family-owned businesses Read More

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