Business Law in Washington State
David Meyer, Business Lawyer in Bellevue, Washington
David Meyer has been representing small businesses in their formation and contractual legal issues in Bellevue, Washington for over 35 years. He provides a broad spectrum of experience and knowledge when assisting his clients in these matters. If you have any needs concerning business law matters contact David Meyer at 425-455-1002 or email@example.com. The following are some basic concepts he deals with in representing small businesses.
Setting up the legal structures for your business, this includes deciding the type of business to establish and how it will be run.
These structures most often are in the form of sole proprietorships, partnerships, limited liability companies (LLCs) or corporations.
As business formation is a very complex area especially when choosing your business entity and maintaining it. You are welcome to contact David Meyer, Business lawyer of Bellevue, Washington to assist you. 425-455-1002 or David@meyerlaw.net
Business Law Generally
Business law encompasses the law governing contracts, sales, commercial paper, agency and employment law, business organizations, property issues, non-compete agreements, and bailments.
Business law includes issues such as starting, selling, or buying a small business, managing a business, reviewing leases, dealing with employees, or dealing with contracts, among others.
Other popular areas include insurance, succession planning, and consumer and creditor protection.
A corporation is a legal entity authorized by statutes allowing individuals to form an association to operate a business which stands on its own and by which the individual owner(s) (shareholders) do not have individual liability for the debts and other liabilities of the business. A corporation can have one or any larger number of shareholders. Some corporations may have limits to the number of shareholders due to tax elections it has made. Corporations are the traditional form of doing business in a limited liability format.
Sole proprietorships are businesses owned and operated by a single individual or married couple who have not formed a limited liability entity. Sole proprietors are individually liable for all debts and other liabilities arising out of the operation of the business.
A partnership is established whenever two or more individuals elect to do business together and do not form another form of limited liability entity. Partners are each individually liable for the acts of the other partner(s) done while representing the business.
Limited Liability Companies
A limited liability company is a statutorily authorized entity which allows one or more individuals to form a separate entity and have the owners enjoy the benefits of limited liability just as corporations have. In the past 20 years this has become one of the most frequently chosen forms of business due to the flexibility it provides to owners, primarily in making tax elections.
Business Litigation (Lawsuit)
Business litigation is the area of law that provides assistance in the preparation and presentation of a lawsuit or other resort to the courts to determine a legal question or matter in business situations.
A business plan is a formal statement of a set of business goals, the reasons why they are believed attainable, and the plan for reaching those goals.
It may also contain background information about the organization or team attempting to reach those goals.
Civil Litigation (Lawsuit)
Civil litigation is a legal dispute between two or more parties that seeks money damages or specific performance rather than criminal sanctions.
The parties can be companies or individuals or a combination of either.
A contract is an exchange of promises for consideration between two or more parties to do, or refrain from doing, an act which is enforceable in a court of law. It is a binding legal agreement.
That is to say, a contract is an exchange of promises for the breach of which the law will provide a remedy.
The review by an attorney before you sign any kind of contract can help reduce the chances of problems and/or lawsuits in the future.
Breach or Default of Contract
A breach or default of contract is when a binding agreement or bargained-for exchange is not honored by one or more of the parties to the contract by non-performance or interference with the other party’s performance.
Please contact David Meyer, Business Lawyer of Bellevue Washington at 425-455-1002 or firstname.lastname@example.org to discuss your business issues and set up an appointment.