News
[08/20]
NY restaurant uses 1933 prices; Steaks: 90 cents
[08/13]
Ohio man buys new truck with thousands of coins
[08/01]
Clothing store opens bar in middle of sales floor
[08/22]
Illinois community fights to save prison, jobs
[08/22]
Some parents struggling with back-to-school buys
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Articles
Why You Need to Write a Business Plan
Just as a builder uses a blueprint to ensure that a building will be structurally sound, the process of creating and writing a "blueprint" for your business -- called a business plan -- will help you determine whether your business will be strong from the start. Without a business plan, you leave far too many things to chance.
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Forms of Business for Professionals
States restrict which business forms certain kinds of professionals may choose when they begin a business solely to provide their professional services. The most common occupations that these laws apply to are any type of health care professionals, attorneys, engineers, veterinarians, psychologists, and social workers. Although requirements vary from state to state, professionals generally may choose to be sole proprietors or to form a partnership, a professional corporation, a professional limited liability partnership, or a professional corporation. Professionals should consult their attorneys to determine what business forms are available to them in their state.
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Case Summaries
[08/27]
Gander Mountain Co. v. Cabela's, Inc.
In a case arising from a contract dispute involving a 1996 transaction between the parties, summary judgment for plaintiff on a counterclaim, finding that a provision at issue was unenforceable because it was merely an agreement to agree, is affirmed over claims that the district court violated the law-of-the-case doctrine and erred in granting summary judgment.
[08/27]
216 Jamaica Ave., LLC v. S & R Playhouse Realty Co.
In a case involving the enforceability of a "gold clause" contained in a 1912 lease agreement, which required payment of rents to be in gold coins, a judgment against plaintiff-owner who tried to enforce the clause is reversed and remanded where: 1) contrary to the ruling below, the clause is enforceable; and 2) a remand was necessary for the district court to interpret the clause, to determine the obligation it imposes on the lessee, and to address any other defenses in the first instance, including lessee's estoppel-by-deed and waiver defenses.
[08/27]
216 Jamaica Ave., LLC v. S & R Playhouse Realty Co.
In a case involving the enforceability of a "gold clause" contained in a 1912 lease agreement, which required payment of rents to be in gold coins, a judgment against plaintiff-owner who tried to enforce the clause is reversed and remanded where: 1) contrary to the ruling below, the clause is enforceable; and 2) a remand was necessary for the district court to interpret the clause, to determine the obligation it imposes on the lessee, and to address any other defenses in the first instance, including lessee's estoppel-by-deed and waiver defenses.
[08/26]
Grynberg v. Total S.A.
In two suits against oil companies raising tort claims for breach of fiduciary duty and equitable claims for unjust enrichment involving potential oil and gas reserves in Kazakhstan, summary judgment for defendants is affirmed where the claims were barred by the applicable statute of limitations and laches.
[08/26]
McKesson Corp. v. Islamic Republic of Iran
In a suit alleging that Iran unlawfully expropriated plaintiff's investment in an Iranian dairy company, judgment for plaintiffs is reversed where: 1) the Treaty of Amity between the US and Iran did not provide plaintiff a private cause of action for expropriation; and 2) a remand was necessary for determination of whether plaintiff had a cause of action under Iranian law or customary international law, and whether the act of state doctrine precluded American courts from inquiring into the public acts of a recognized foreign sovereign power in its own territory.
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