Eau Claire Startup Attorneys & Lawyers

What Is Right of First Offer?

Right of first offer is an agreement that when an owner is ready to sell or lease an asset, the holder of the right of first offer gets the first chance to buy or lease the property within a given time frame. Once the holder has made the offer, the seller is able to accept or refuse the offer. If the seller refuses it, he or she can move on to a third party offer.

Right of First Offer: In Depth

Most commonly, right of first offer is used in contracts within the real estate market and in the selling and buying of businesses. Typically, the stipulation is included in a tenant-landlord contract and in businesses with business partners and investors.

The most practical reason to have right of first offer is for a commercial tenant. If the owner decides to sell, it would give the tenant a chance to make an offer. If accepted, this prevents the need for the tenant to move his or her business to a new location.

It al

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Learn More about HIPAA Compliance for Businesses

Along with protecting workers from the exclusion of preexisting conditions, HIPAA also protects patients’ paper and electronically stored medical information through the Security Rule and Privacy Rule, which were implemented by the U.S. Department of Health and Human Services.

In order to be in compliance with HIPAA, each covered entity must ensure they are abiding by the Security Rule and Privacy Rule standards.

Security Rule - Safeguards and Compliance

The Security Rule, a HIPAA provision, was included to ensure the confidentiality, integrity, and availability of electronic patient health information (EPHI). There are three types of security safeguards necessary for compliance with the Security Rule: Administrative, Technical, and Phy

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Intellectual Property Protection

Intellectual Property Protection is protection for inventions, literary and artistic works, symbols, names, and images created by the mind. Learn how you can protect your intellectual property by using: Patents, Trademarks, Trade Secrets, and Copyrights.

Intellectual Property Protection Explained

Entrepreneurs and business owners need to understand the basics of intellectual property (IP) law to best protect their hard-earned creations and ideas from unfair competition. Intellectual property includes distinctive items that you have created and ones that give you an economic benefit.

Seek professional experience from an intellectual property attorney

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How to Form a Single Member LLC in California

Learning how to form a Single Member Limited Liability Company is not that difficult, but there are some choices you need to make. A limited liability company (LLC) that has one owner is designed to protect that owner against personal liability. Accordingly, it should be treated as a separate "person" for legal purposes, and thus the sole member and equity holder should be shielded from any liabilities of the LLC, including debts and lawsuits.

A Guide to Forming a Single Member LLC in California

Learning how to form a Single Member Limited Liability Company (LLC) is not that difficult, but there are some choices you need to make.

A limited liability company that has one owner is designed to protect

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What is Your Principal Place of Business?

This question is not as simple as it sounds. For a sole proprietor or a one location company, the answer is straightforward – your principal place of business is your home, shop, office or wherever you primarily do  business. But large companies and corporations often have several locations spread out across the country, or even around the world. In these situations, the company headquarters is usually the principal place of business. This is not necessarily the same state as the state of incorporation.

The supreme court finally ruled that the “nerve center” of the company is the principal place of business. The nerve center test refers to the single place where a corporation’s officers direct, control and coordinate

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