Corporate / Business Law - Moen Sheehan Meyer

New Disclosure Requirement for Businesses: What You Need to Know

June 17, 2024

A new disclosure rule is in place for businesses and non-compliance could result in penalties. Companies are required to submit a Beneficial Ownership Information (BOI) report. The rule was effective as of January 1, 2014, yet many businesses are not aware of it and therefore, are not yet compliant.

Can The New Owner of a Business be Sued for the Actions of a Previous Owner?

June 3, 2024

If a business has liabilities they do not go away, even if the business is sold. As the buyer of an established business, you will need to be aware of any debts, including potential lawsuits, that the new owner might be responsible for later.

Does Wisconsin Require a Business License?

April 8, 2024

Most jurisdictions require some type of license based on the type of business you have. A business license is a document that ensures you meet the requirements for operation. If you operate without the proper licensing, you could be fined or forced to close your business

What Information Do I Need to Disclose About a Data Breach?

March 25, 2024

If your company’s data was hacked and personal information breached, you are required to disclose it pursuant to the law.

What is Needed to Start a Business in Wisconsin?

January 15, 2024

Starting a new business? There are some essential legal considerations that will impact your business now and in the future.

Succession Planning for Your Family Business

December 4, 2023

A succession plan provides for how the business will transition from one family member to another and is part of a good governance structure.

Does Your Business Have to Comply With the ADA?

October 23, 2023

In Wisconsin, all employers with 15 or more employees are required by law to comply with ADA laws.

How Can I Limit My Personal Liability When Starting a Business?

September 18, 2023

When you start a business, you will want to minimize your exposure so that you do not become personally liable for debts or payments that should be paid for by the company.

Can Someone Change a Contract After it is Signed?

August 14, 2023

Once a contract is signed, you may only modify it when both parties are in agreement with the changes, and both parties must agree to the changes in writing.

What is the Difference Between Warranty and Indemnity?

July 10, 2023

Warranties and indemnities are both ways to protect yourself and provide you with peace of mind for how to resolve matters in a fair manner if problems arise. They are particularly important in asset purchase agreements where the buyer does not have much knowledge of the working of the business.

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