Discovering that a trusted employee was stealing from your company, engaging in fraud or misusing finances is often devastating for employers. On top of learning that someone you trusted hurt your company and your employees, you may be reeling from considerable...
Business Law
Understanding Conflicts of Interest in Business
Conflicts of interest arise in many contexts. Professionals such as attorneys, financial advisors, and realtors are all bound by ethical codes of conduct that address potential conflicts. In the business context, too, conflicts of interest can pose a major concern,...
As Oregon’s Moratorium on Commercial Evictions Comes to an End, Tenants’ Grace Period for Payments Begins
Times are tough for businesses. Many have struggled to stay afloat as they’ve weathered the economic impacts of the pandemic. Those hit the hardest—retailers, restaurants, bars, hotels, and others in the food/beverage and hospitality industries—have faced difficult...
5 reasons to consider outside general legal counsel
Businesses have many options when it comes to hiring legal counsel. It’s a big decision. Your attorney can be an invaluable ally who helps shape the success of your business. For many small to midsized businesses, enlisting outside general counsel is a wise business...
8 steps employers can take to prevent employee embezzlement
An employer/employee relationship is one of special trust. Sometimes employees take advantage of that trust by stealing from their employer. Embezzlement can happen when employees take cash or reroute invoice payments from customers, but it can also happen when...
5 important clauses to include in an employment agreement
When you are starting your business, you may be your only employee. But once you are ready to hire an employee, you should have an attorney draft an employment agreement (or several different agreements for different types of employees) to clearly outline the...
3 Reasons Why a Proposed Merger or Acquisition May Fail
Acquiring or merging with another company can create significant business opportunities unlike any other. However, both are highly complicated, and many are unsuccessful. When faced with the possibility of merging with or acquiring another business, it's important to...
CARES Act
It can be hard to keep up with the rapidly evolving news surrounding COVID-19, much less the details of the government stimulus package and what that means for small businesses and those that are self-employed. Let CLG break it down for you. The $2.3 trillion CARES...
Boilerplate headaches
There are two kinds of people in this world: those who read contract boilerplate, and those who don't. We'll bet we're in the first group, and you're in the latter.These long blocks of text at the end of a contract can seem insignificant, especially when it seems...
Successor liability: Avoiding the minefield of unexpected exposure
Buying a business is a risky proposition. The only way to contain and mitigate that risk is to conduct a thorough investigation into the acquisition target while being backed by retained advisors experienced in business transactions. In any acquisition there are...