Preventing a preference payment claim
It is not uncommon for employment contracts to contain restraint of trade clauses that seek to prevent the...
It is only prudent for business owners to consider and obtain legal and accounting advice with respect to how to best structure your business. Where a business, or alternatively an owner of the business, owns assets of significant value, a business can be restructured so as to negate the risk of exposing these assets to unforeseen events or losses ranging from potential litigation, insolvency or losing control of the business.
Restructuring your business, without triggering unnecessary taxes or other costs can be challenging, but otherwise extremely valuable. The ultimate business structure is one that protects the assets that you have worked hard to accumulate and provides you with a seamless exit strategy.
It is not uncommon for employment contracts to contain restraint of trade clauses that seek to prevent the...
There are alternatives to bankruptcy that ought to be considered if you are struggling financially. Two of which...