Buying and Selling a Business

Conditions and Covenants in a Business Acquisition Agreement

Business acquisition agreements have special features that you wouldn’t normally expect to see in run-of-the-mill contracts. This articles discusses two such features: pre-closing covenants and closing conditions. Pre-closing covenants Business acquisition agreements generally include a few covenants which obligate the purchaser and seller to do,…
Business and Insurance

Missouri Workers’ Compensation: I’m a Small Business, Why Should I Care?

Workers’ Compensation.  Just the phrase causes many to conjure up images of employees faking injury to secure monetary reward.  Employers cringe when they hear “workers’ compensation” or an “on the job injury”. However, it may come to a shock that many small businesses are unaware…
Business and Insurance

Got Insurance? Maybe Not: Lease Requirements Must Be Followed

Many times, companies and/or manufacturers entering into a long-term lease of premises, sign a lease that contains some very interesting provisions with respect to the providing of liability insurance, workers’ compensation insurance, etc. This is also true when it leases equipment/autos. The lease of equipment…
Labor and Employment Law

Temporary Employees or Employment Service: Beware the Issues With or Without Insurance Coverage

For those companies and manufacturers, who use temporary employment services to provide employees to conduct their usual and customary business, a serious situation can arise where the company can be left without Workers’ Compensation Coverage. This can occur when the “temporary employment service” contract contains…