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Terminating Leases Early

In Business Tips, Dispute Resolution, Estate & Probate by Kameron KramerLeave a Comment

Common questions that arise when clients inherit or purchase rental properties/commercial real estate often center around the leases associated with the property.  I came across one such question the other day that had to do with a client who had inherited an apartment complex and wanted to terminate the leases as quickly as possible in order to sell the property …

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Are you dealing with an “Ike”?

In Business Tips, Litigation & Lawsuits by Larry Donahue

Image Source: Rob Mieremet / Anefo [CC BY-SA 3.0], via Wikimedia Commons In 2007, Ike Turner died leaving a large estate and several friends and family claiming it as their own.  Due to the lack of legal documentation and representation he left his estate in the hands of the state to determine the heir to his fortune. Who is entitled …

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Why You Need a Buy-Sell Agreement

In Business Tips, Partnerships by Larry DonahueLeave a Comment

Changes in small business ownership can be costly, and negatively impact the business. If you are in a small business partnership, you should establish a buy-sell agreement to pre-determine what will happen if one of the partners leaves the business. You may not anticipate that either of you will leave; however, death, divorce, changes in circumstance, a risky economy and …

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Contract Tip: Understanding the Offer

In Business Tips, Contracts by Larry DonahueLeave a Comment

Contract law can be a confusing mess, especially for busy business leaders. It pays, however, to know some of the basics of contract law in running a business. Such basic knowledge will help avoid potential liability or disaster down the road. If you don’t already know what a contract is, it is a “bargained for exchange of value” between two …

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Choosing the Right Representation – What to look for in a lawyer

In Business Tips by Don KochersbergerLeave a Comment

“You’ll be hearing from my lawyer,” “don’t say another word until you talk to your lawyer,” “I’ll have my lawyer contact you,” – – anyone who’s grown up watching television dramas, or watched or read any of John Grisham’s films or books is familiar with this legal vernacular. But how do you obtain a lawyer, does everyone need a lawyer …

SKM Law, Business Litigation Attorneys, Have Changed Their Name to Business Law Southwest

In Business Tips by Don KochersbergerLeave a Comment

Albuquerque, NM – August 13, 2013 – The law firm Streubel, Kochersberger and Mortimer LLC has changed the name of the practice to Business Law Southwest, a name they feel better conveys the firm’s expertise in business litigation and their regional presence in New Mexico, Colorado and Texas. The name change is due to the departure of one of SKM’s …