View Post

NM Unemployment Benefits in the Wake of COVID-19

In Business Tips by Vanesa LewingerLeave a Comment

If you need to reduce your workforce, make sure you have the facts to share with your employees. Unemployment Benefits Both the State of New Mexico and the federal government have adjusted unemployment benefits. Here is what employees can expect and where to find more information. New Mexico Unemployment The State of New Mexico has eased unemployment requirements to help …

View Post

Is Your Business “Essential” in Today’s COVID-19 Environment?

In Business Tips, Business Transactions by Don KochersbergerLeave a Comment

Recently the Governor of New Mexico issued a stay at home instruction for New Mexicans.   https://cv.nmhealth.org/2020/03/23/state-enacts-further-restrictions-to-stop-spread-including-stay-at-home-instruction/  The order lists what types of businesses have been deemed “essential” but falls short of offering much detail other than that.   The fact of the matter is many businesses provide products and services that their owners/managers certainly believe to be essential in today’s stay-at-home …

View Post

Can My Business Re-Negotiate Its Contracts with Vendors and Our Landlord in Light of the COVID-19 Pandemic?

In Business Tips, Contract Disputes, Contracts by Larry DonahueLeave a Comment

In today’s COVID environment, businesses are being told to close their doors and send employees homes.  As such, many business owners are struggling to earn enough revenue to be able to meet their contractual obligations to their vendors, landlords and banks, let alone make payroll.  With financial disaster looming for so many businesses, do standard contracts, loan documents or leases …

View Post

Successfully Managing Your Business During Social Distancing. (Coronavirus)

In Business Tips by Vanesa LewingerLeave a Comment

With schools closed, empty shelves at grocery stores and people it a general panic, it’s hard to imagine how one carries on, business as usual. If you’re like me, your mind has been sucked down every what-if rabbit hole imaginable, finding it hard to envision what “normal” looks like and how your work fits into this new reality. As the …

View Post

Are Handshake Deals Enforceable?

In Business Tips, Contract Disputes, Contracts, Dispute Resolution by Don KochersbergerLeave a Comment

There is a common misperception that written contracts are required for any agreement to be enforceable.  While it is almost always preferable to have a written contract, hopefully crafted by an attorney with an understanding of the issues related to the specific type of agreement contemplated, all is not necessarily lost if you do not. There are some types of …

View Post

Why DWI Convictions Are Not Eligible For Expungement in New Mexico

In Expungement of a Criminal Record, White Collar Criminal Defense by Larry DonahueLeave a Comment

The intent within the new expungement law in New Mexico is to “serve justice”.  Justice is not served by erasing the criminal record of serious criminals or those who may be likely to re-offend.  Alternatively, it also doesn’t serve justice that those who have made a mistake, taken responsibility for it and have avoided trouble since, continue to suffer a …

View Post

Can You Simply Transfer Your Ownership in A Business to Someone Else?

In Business Transactions, Contracts, Partnerships by Carrie CookLeave a Comment

You have ownership in a business, but you don’t want to be involved in the business anymore.  Or, maybe you want to assign the distributions you receive from an LLC to payoff a debt.  Can’t you simply just transfer your ownership to someone else without having to go through a lengthy, legal process? Time to check your Operating Agreement As …