201507.09
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Understanding and Perfecting Security Interests

In my last post, I talked a little about what a security interest is: an interest in property that secures an obligation. In many cases, the obligation is a debt and the property securing it is related to the debt. When you borrow money to buy a house, the loan is secured by the real…

201507.07
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Understanding Security Interests (Pt. 1)

Practically everyone has loaned someone else money. Your kids, your friends, your family–all these people have likely enjoyed the benefits of your generosity. You’ve probably been on the receiving end of lenders before as well, in the nature of a mortgage, car loan, business financing, etc. But especially in the business world, lending money and…

201503.08
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Funnel Cakes Are Serious Business: Why You Need a Trademark Lawyer

I’ve written about why using an attorney to register trademarks is valuable, but registration is only part of the story. Much of the attorney’s work comes much earlier in the process, when he conducts searches to “clear” the mark. If there are conflicting marks out there, the lawyer’s job is to uncover them and determine if…

201503.03
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Pensions and Stock and Bonuses, Oh My!: Employee Benefits

As your business grows and becomes more profitable, you may discover that wages aren’t enough to attract or keep your top performers. This can be especially true where you pay workers on a commission or similar structure, or where your competitors offer greater compensation or benefits packages. While giving an employee an equity interest in your…

201502.21
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Understanding Contracts For Deed and Mortgages

If you were born before 2007, you’ve probably heard of real estate mortgages and know a little bit about how they work. A mortgage is generally a loan to purchase property in exchange for a security interest in the real estate. Where the seller provides the loan and the loan gives you with the money to buy…

201502.19
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The Benefits of Copyright Registration for Small Businesses

No matter what line of work you’re in, you’ve probably heard a few things about copyright protection and infringement. From the (in)famous Napster case to the DMCA takedown notices cropping up on YouTube, copyright law shows up more and more in our daily lives. As a small business owner, you should be especially concerned with…