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The new law defines "consumer credit history" in broad terms. It covers credit scores, late payments and even basic checks into how someone handles money. Under the update to N.Y. Gen. Business Law, using this data to deny a job, fire a worker or set pay is an...
Standby letters of credit, or SBLCs, play a key role in global trade. They act as a financial safety net. If one party fails to perform, the bank pays the beneficiary. Because of this structure, SBLCs are often called “irrevocable.” However, irrevocable does not mean...
Closing a deal with a foreign business often feels like a milestone for your NYC company. However, if your partner has hidden ties to individuals on the Specially Designated Nationals (SDN) List, you could face frozen assets or heavy fines. The Office of Foreign...
Expanding across borders opens new revenue streams, but taxes can shrink your profits fast. Tax treaties between countries can lower that burden when you understand how they work. If your company operates in more than one country, you need to know how these agreements...
Moving employees to another country can help a business grow, but it also brings legal duties you should address early. Employment laws change from country to country, and rules that work at home may not apply abroad. Knowing common legal issues helps you avoid...
When your international business interests face an immediate threat, waiting months for a legal resolution is not an option. You need to know whether to pursue a court injunction or an emergency arbitrator to protect your rights. The answer depends on what you need to...
Growing a business is exciting. Many founders focus on sales and hiring in the early days. However, they often overlook one big decision: how to set up the company legally. The type of entity you choose today can either help you grow or create expensive problems when...
When a dispute involves more than one country, contract wording can strongly influence the result. One key provision is the choice-of-law clause, which names the legal system that applies to the agreement. This choice affects how decision-makers review the dispute and...
The General Data Protection Regulation affects businesses far beyond Europe. If your company operates across borders or handles data tied to the EU, GDPR rules likely apply to you. Understanding how to comply helps you reduce risk and protect trust. Understand when...
Successful international companies often want to establish a presence in the United States. Business-friendly laws in some jurisdictions and a large consumer base make the United States an ideal destination for successful and growing companies seeking to open new...