Bongiovi Law Blog


Law Horror Stories

 

21
Small Business Horror Story #4: Did Your Landlord Reduce Your Rent? Prove it.
One of my clients has been struggling to pay his $13,000/month lease.  During a phone call about a year ago, his landlord told him, simply, "pay what you can."  At that time my client began paying about $6,000 a month while begging the landlord to move him to a smaller space within the same complex.  Though the landlord never moved h...

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04
Small Business Horror Story #3: If You Don't Listen to Your Gut, at Least Listen to Your Lawyer
A potential client called me.  We'll call her Helen.  Over the last ten years, Helen's partner "Jane" had perfected this FABULOUS idea that would make them both rich.  Six months ago, Helen quit her lucrative job and had since worked full-time assembling Jane's scraps of papers and mental notes into a formal proposal they could shop ...

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05
Small Business Horror Story #2: No Operating Agreement and the "Eraser"
I recently met with one member of a two-member LLC with no operating agreement.  We'll call my client Jane and her partner Joe.  Jane was concerned because Joe was engaging in activities that could jeopardize reimbursements the company receives from the government for the services it provides.  Jane voiced these concerns and Joe prom...

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08
Small Business Horror Story #1: Shady Partner + Generic Operating Agreement = Disaster
  Whenever I sign a new monthly retainer client, I conduct what I call a "legal checkup" on the business.  I review the company's formation documents, licensing, employee or contractor agreements, lease agreements, service agreements, customer contracts, etc. to find improvements I can make to better protect the company and its owne...

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