Did your sole proprietorship recently acquire all or nearly all of the assets from a corporation? Think you’re immune from the former corporation’s tortious liability? Watch out! A recent decision from the Massachusetts Supreme Judicial Court found that a sole proprietor can have successor liability! Read below for more information. Read More
A primary reason to set up an LLC (limited liability company) is to shield a business owner from personal liability for the debts, obligations and liabilities of the business. This protection, however, is not absolute. Some notable exceptions to the LLC personal liability shield are discussed below. Read More
Do your Massachusetts employees access business confidential information or trade secrets? Did they sign a Confidentiality or Non-Disclosure Agreement? They should!