Esports was already a rapidly growing industry before coronavirus shuttered most traditional sports, shifting demand toward online gaming competition. NASCAR is even "replacing" cancelled races with an eNASCAR Pro Invitational Series -- televised simulation racing featuring real pro drivers like Dale Earnhardt Jr., Bobby Labonte, Kyle Busch and Denny Hamlin. Nevada and New Jersey sportbooks are … Continue reading So you want to start an esports business during the quarantine. Here's what you need to know – from a business lawyer.
It is the start of a new month, and uncertainty permeates the economy. Most, if not all businesses, are shuttered, employees laid off or working in a diminished capacity, orders are down, and there is no end in sight. As a business owner, cash flow is understandably on your mind. While the Small Business Administration … Continue reading Are you expecting payments under a lease, land contract, or promissory note? It may be time to dust off those documents and call a lawyer.
There is no doubt you are distracted by this coronavirus outbreak. Constant news alerts, supply shortages, government-mandated closures and cancellations make it all but impossible to also run your business. However, remember that your lawyers are available to assist you. For example, if you have questions about obligations to your employees, insurance coverage questions, contract … Continue reading 5 Legal Tips for Business Owners Weathering the Coronavirus Disruption
It is the year 2020, and the environmental topic that everyone is talking about is PFAS contamination. But what is PFAS, and more importantly, how does it impact your business? PFAS stands for per- and polyfluoroalkyl substances, which are a group of man-made chemicals that have been manufactured and used in a number of industries … Continue reading What Every Business Owner Must Know About PFAS Contamination
In a previous article on protecting your assets (Part 1), I wrote about the importance of maintaining corporate formalities. Businesses that commingle assets, forgo record keeping, official minutes, and fail to keep their registration with the State of Michigan up to date risk losing their corporate protections. In most cases, the corporate form limits your … Continue reading 3 Common Mistakes that Compromise a Business’s Corporate Protection and Expose Your Personal Assets.
Nobody likes to plan for life's unpleasantries, including divorce. While divorce remains an unfortunate fact of life, proper planning with your business attorney can help protect your business from the unexpected. This is particularly critical where a business has multiple owners, members, or partners. In a recent case out of New York, a company's three … Continue reading Does Your Business Have a Pre-Nup? The Importance of Planning for Life’s Unexpectancies.
In the past 24 hours, Fortnite was offline. No one could play, stream, compete, or access their account. This was part of an in-game "event" known as the Fortnite Blackout or The End. Can Epic Games do that? What rights do you even have as a player, team owner, or competitor? It all comes down … Continue reading The Fortnite Blackout: A Lesson in Licenses and Why Epic Owns Everything and You Own Nothing.