Employees play a big role in the success of many small businesses. Along with employees, however, come important - and often confusing - legal responsibilities.
Since 2001, the U.S. has exported chicken meat to Cuba because of an exemption in the trade embargo that permits the sale of agricultural products. Cuba is already our fifth-largest export market for chicken, but if the trade embargo is lifted, we could export more -- and that could be very good for Georgia.
A priest in Georgia has decided to take legal action against a storage company, citing fraud as the cause. This complicated case stems from a dispute over the contents of a storage container. Further complicating the matter is the lack of documentation regarding the storage unit, leaving little evidence other than the testimony of those involved in this fraud case.
A Georgia based company is breaking into hallowed ground. IntercontinentalExchange Inc., or ICE, has agreed to pay approximately $8.2 billion to NYSE Euronext, or NYX. As mergers and acquisitions go, if this one is approved, it will make history. Two other companies have tried to purchase NYX, but both efforts were blocked by regulators.
A Georgia businessman and developer is the target of a pre-warrant application. The pre-warrant application was filed against the man by a Georgia farmer who appears to be claiming that the man has not honored contracts. News reports suggest the contract dispute isn't just with this one farmer, but rather a large group of farmers in Southwest Georgia.
The process of partnering with or acquiring another business can be complex. Working out all the details of the partnership or mergers and acquisitions nuances, including financials and contracts under deadline can present unique challenges to any business. Atlanta readers may have already learned of an agreement reached between Southern Regional Medical Center and Emory Healthcare which will likely benefit both entities once the details are ironed out.
Atlanta corporations should be on the lookout for solicitations from firms offering to complete corporate minutes for a fee. According to Secretary of State Brian Kemp, a firm called Compliance Services is one that poses a potential threat for Georgia corporations. Kemp urges corporations to be diligent in assessing such solicitations, noting that they may lead to fraud and identity theft.
You may have heard the phrase "trade secret" before, but it is not a term that is just thrown around in regular conversations. The matter of trade secrets is at the center of a bakery's breach of contract suit against a former employee.
Fraudulent crimes involving corporate identity theft are uncommon, and are not a feasible venture by the at-fault party. Eventually their endeavors will be uncovered, either by the company itself or by law enforcement. Having the proper security measures for your business and implementing the necessary protocols will protect your interests, as well as the assets of your organization.
The Dodd-Frank Act was enacted in 2010 to combat financial instabilities on Wall Street and to reform U.S. financial regulatory standards. This law came in the wake of the recession in the late 2000s, and is aimed at preventing future financial crises of a similar nature.