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New York Is Accepting Applications for Conditional Cannabis Cultivation Licenses

New York Is accepting applications for Conditional Cannabis Cultivation Licenses.  Under the new Cannabis Law, previously authorized hemp growers operating under the New York State Department of Agriculture and Markets Industrial Hemp Research Pilot Program (the “Pilot Program”), may qualify for an Adult-Use Conditional Cultivator license.  Applications must be submitted online before June 30, 2022. The pool of eligible marijuana cultivator business applicants is rather limited.  To be eligible for this conditional grow license, ...

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Trump University posed legal risks to students — who yell “scam.” CNBC interviews real estate lawyer Craig Delsack.

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What are the Steps for Buying a Small Business, Company or LLC in New York?

October 5, 2021|Business Checklists, Business Merger, Buying a Business, Featured, Promissory Note, Starting a Business/Startups|

Your business acquisition attorney is not only your legal expert, but also will facilitate the business purchase process. Your business lawyer will coordinate the processes, interface with all the players, and move the business transaction along, culminating in a successful closing. As your legal expert, your business lawyer will conduct the legal due diligence, negotiate, draft and review the necessary legal documents...

Videos

How do I Remove Rogue Member or Manager from My LLC?

Has your business partner, LLC member or LLC manager harmed your business? You are not stuck! There are ways to remove a rogue member or manager from your business, LLC, or partnership (similar to removing a rogue officer or shareholder from a company).

When do I need an NDA (Non Disclosure Agreement)?

So you have a great idea or a product and want to share confidential information with your prospective business partner. You should consider what information you will be sharing and make sure you are protected with a well-crafted non-disclosure agreement (also referred to as an NDA, or confidentiality agreement).

6-Step Business Startup Checklist

As a New York corporate attorney and tech startup lawyer, I am frequently asked for a checklist of items to consider when starting a business. Here is a checklist of my 6 steps to starting a business outlining some of the things that need to get done in starting or buying a large or small business (or a tech startup business). Find out more about how we can help you here. If you are launching a startup, consider our Fixed Fee Legal Startup Package for Entrepreneurs.

Business Purchase Checklist Part I

This is intended to help outline the general process of buying a business, explaining the legal aspects of how a business lawyer can assist in a business purchase transaction (it is not intended to be construed as legal advice for your particular situation).  Basically, in these 2 videos, I try to help you identify what steps are involved in buying a business and what issues should be considered.

Part 1 of the video covers some typical terms and other items addressed in a term sheet:

  • Names and Contact Information
  • Purchase Price and Other Consideration
  • Payment Terms; Financing; Downpayment
  • Collateral (or security) for the Purchase Price
  • Structure of the Deal

Business Purchase Checklist Part II

This is intended to help outline the general process of buying a business, explaining the legal aspects of how a business lawyer can assist in a business purchase transaction (it is not intended to be construed as legal advice for your particular situation). Basically, in these 2 videos, I try to help you identify what steps are involved in buying a business and what issues should be considered

Part 2 of the video covers some typical terms and other items addressed in a term sheet:

  • Transfer Issues
  • Covenant not to Compete
  • Non-binding Nature of the Term Sheet
  • Post-Closing Buyer and Seller Obligations
  • Which is better — an asset purchase or a stock purchase of a company?

What is Aereo TV and Will Aereo Prevail in the Battle With Broadcasters?

Craig Delsack, New York media and technology attorney, was interviewed on May 1, 2013 by Karina Huber in a CCTV television report about the new player in the television distribution business — Aereo TV. The low cost internet TV provider offers its over-the-air television and DVR services in Manhattan (and soon to be other cities) for a very low cost, but broadcasters are fighting back.

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