One of the top questions on most business owners’ minds, when they are considering or facing litigation, involves attorney fees. When business disputes make it to the courtroom, business entities in New York must be defended by a lawyer. Most court cases end in one side being awarded damages or validated in their actions, but what about the cost of hiring the lawyer? Who covers that? In business disputes, unless Read More

The COVID-19 pandemic has driven many families out of the city and into the suburbs. As a result, the residential real estate market in the suburbs is currently very competitive. It is a seller’s market, and a seller may be enticed to back out of a deal if a better one is offered. What happens when one party backs out of a real estate transaction - after the contract has already been signed?  This situation Read More

A Non-Compete Agreement is a contract an employer asks an employee to sign stating that they will not leave to work for a competing employer or start a company of their own in the same field. Despite being a frequent and controversial subject in antitrust discourse over the last decade, Non-Competes are still commonplace. A 2019 report by the Economic Policy Institute found that roughly half of all private sector Read More

In New York, Limited Liability Companies are one of the most popular forms of business structure. Commonly abbreviated as an LLC, the structure consists of members with a stake in the business. The members are similar in nature to shareholders of a corporation or a partnership, but tend to be more involved in day-to-day operations. Just as surely as businesses are formed, there are disputes between Read More

In the United States, federal law states that selling cannabis is illegal. Since 2012, however, almost half of the country has legalized it at a state-wide level, including (very recently) New York state. With that legality comes a quasi-legitimate new business industry and everything that accompanies it, such as contracts, investors, and stocks. At the same time, the federal/state divide over cannabis sales makes Read More

This Blog is to highlight one of the resources that Canales PLLC offers not just to their clients, but to all interested parties: The Business Owner’s Guide to Lawsuits in New York. This resource is available free of charge in the interest of explaining to business owners how the lawsuit process works in New York. We know that a lawsuit can be a nightmare for a business owner. If you own a small business, Read More

When the Securities and Exchange Commission, one of the most active enforcing federal agencies, comes knocking at your door - what do you do next? The SEC takes its job of investor protection seriously. You should be prepared to take them seriously as well if they contact you or your business. The SEC may contact you by either giving you a call or serving you with a subpoena. If you receive a call from the SEC Read More