When making the decision to invest in real estate it is crucial to understand the difference between eminent domain and inverse condemnation. Eminent domain is when the government or another agency uses compensation through a legal process to acquire private property. Inverse condemnation is the opposite of this process and….
While the pandemic still carries on, Tax Day in the United States has return to its traditional deadline of April 15th. Those who remember filing federal income taxes later last year (it was pushed to July 15th in 2020) will need to prepare accordingly. Like in all other years past,….
The coronavirus pandemic has given business owners and entrepreneurs a different perspective on how to navigate the “new normal” of business relations. As uncertainty and volatility continue to plague business dealings of all kinds, many wonder where business valuations fall into the mix. Financial markets and the global economy have….
On both a national and global scale, the COVID-19 pandemic has had a major economic impact. From restructuring to closing shop altogether, businesses both large and small have had to make adjustments to reflect the new current normal. Globally, mergers and acquisitions have felt a true material impact of the….
In the United States, as well as Australia and the United Kingdom, expert witnesses are utilized in trial or deposition to lean on their opinion. Qualifications of an expert witness depend on things like education, experience, training, skills, and certification. Whether the judge looks to the expert witness to gauge….
Small businesses today must be extremely mindful about their cash position. If the last several months have taught us anything, it is has reminded us that the state of the economy can change quickly. While no one could have predicted the coronavirus pandemic, small businesses who have a strong handle….
Surviving the coronavirus is the theme of 2020 so far. From big corporations to small business, it seems like nearly every industry is getting hit, and hit hard. The thought of profiting during COVID-19 is unthinkable to many, but there are inevitably organizations that benefit from a pandemic. Who are….
From layoffs to furloughs and from temporary closings to permanent shutdowns, COVID-19 has impacted virtually every single industry under the sun. It’s no secret that economic growth worldwide has plunged significantly. In the United States, business owners have had to pull rabbits out of their hats left and right in….
Lost profits refer to any economic damages that are the result of some type of business disruption. These damages are estimates that are determined by a range of factors, including things like breach of contract, negligent acts, patent infringement, physical damage to business equipment or property, and liability brought about….
COVID-19 has made a major dent in the global economy and the long-term business fallout is inevitable. For many small businesses, the coronavirus means they must close their doors entirely, even if temporarily. For others, it means scaling back significantly and making unfortunate cuts to salaries, workforce, and more. Owners….