Business Law | Blog for Business Law

— By Jim BorchersJanuary 22, 20133 Comments

Do LLC’s Have “Corporate Formalities”?

You just formed a new LLC and your attorney says, “We recommend an annual retainer; and for this retainer we serve as your registered agent and assure that you meet the necessary ‘company formalities.'” Before you write that check allow us to give you a…

— By Jim BorchersJanuary 8, 20131 Comment

Voting by Email – A Risky Proposition For Non-Profits

Email can save us from meetings, round robin telephone calls, faxes and conference calls. It’s especially time saving when we want to avoid the traditional meeting for something that seems so simple or mundane. We avoid getting in the car driving to a meeting just…

— By Jim BorchersDecember 6, 20120 Comments

Leases: Limiting Your Risk & Understanding Your Personal Guarantee

Have you ever read your lease? Of course you read the parts about paying rent, the term and your option to renew. But you probably sped by the indemnification and insurance provisions. You ran it all by your insurance agent and she “took care of…

— By Gerry RichardsonOctober 29, 20123 Comments

When Must Employers Give Time Off for Voting?

State Laws Frequently Require Employers to Allow Employees to Miss Some Working Time on Election Day to Vote With Election Day coming soon, employers may confront employee requests for time off to vote. Some employees may even expect their employer to allow them to miss work…

— By Gerry RichardsonSeptember 11, 20122 Comments

Missouri Supreme Court Rewrites and Enforces Non-Compete Agreement

The Supreme Court Avoids the Opportunity to Apply Its Prior Reasoning Critical of Overly Broad Non-Competition Agreements The Court decides cases involving non-competition and non-solicitation agreements only infrequently. In 2006, the Missouri Supreme Court balanced the right of a former employee to compete against a…

— By Jim BorchersAugust 20, 20123 Comments

Doing Business As a Corporation? You’re Living in the Past

So, your family business has been a corporation forever. All these years you’ve been dutifully filing your annual report with the Missouri Secretary of State’s office along with your annual fee; and filing the mandatory annual franchise tax return (even though you don’t owe any…

— By Jim BorchersAugust 7, 20120 Comments

Sole Proprietor? Forming an LLC Is Easy and Inexpensive

You’re a sole proprietor. It’s simple, uncomplicated and inexpensive, and best of all you don’t need an attorney. But it’s a little scary that everything you own is at risk for your business decisions. Out of curiosity you corner an attorney at a Rotary or Chamber…