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30 04, 2016

Top 10 Things Business Owners Need to Know About Entering Into Business Contracts

By |April 30th, 2016|Categories: blog, Business Formation, Business Law|Tags: , |Comments Off on Top 10 Things Business Owners Need to Know About Entering Into Business Contracts

[column width="1/1" last="true" title="" title_type="single" animation="none" implicit="true"] Litigation may be the only recourse for some business owners, as it often results when someone enters into a contract without fully examining what they are signing. At Tony M. May P.C., we see all types of businesses dealing with a variety of issues stemming from poorly written contracts, to those that signed contracts without actually understanding what they agreed to. If you are in the process of entering into a business contract, here are the top ten things you need to know beforehand to help protect you and your assets: All business contracts should be in writing. Oral agreements can be binding, but they are difficult to enforce in court. A written agreement is less risky and it clearly defines each party’s rights and obligations. Define each party’s rights and obligations. Defining the rights and obligations of both parties eliminates confusion, and makes it easier to plead your case in court as it has been clearly defined in the contract. Use clear language. Use clear language and terminology that you understand, so that you will be able to clearly determine your rights and obligations under the contract. Create short, clear sentences, with numbered paragraph headings to show a reader what is in the contract. Identify each party correctly. The contract should identify the accurate legal names of the parties involved. This is so they can determine their obligations to be performed under the contract, which includes using the full legal names of the corporations and/or LLCs that are parties to the contract. Include clear definitions of rights and obligations. The contract document must include all of the rights and obligations for each party member in the contract. [...]

29 03, 2016

Tony M. May, P.C. Overturns Construction Client’s Default Judgment

By |March 29th, 2016|Categories: blog, Construction Law|Tags: , |Comments Off on Tony M. May, P.C. Overturns Construction Client’s Default Judgment

[column width="1/1" last="true" title="" title_type="single" animation="none" implicit="true"] Recently our law firm was featured in “The Associated General Contractors of Las Vegas.” We regularly handle a variety of construction law cases, and have represented every type of party in the construction industry. If you have a legal issue related to construction law, contact our Las Vegas law firm. Click here for a full downloadable version of our recent AGC article. Tony M. May, Esq. conducts several seminars a year for AGC Las Vegas, educating members on a variety of legal topics. His firm, the Law Office of Tony M. May, P.C., specializes in construction law. “I was a civil engineer for several years before I went to law school, so I have a good understanding of the construction process,” said May. “We’ve represented every type of party in the construction arena: owners, general contractors, subcontractors, suppliers, and engineers, and we range from any kind of construction dispute, contract review, and contract negotiations to labor and employment.” May’s firm recently had a big victory in overturning a $350,000 for a client. The ongoing case is the Board of Trustees of the Plumbers and Pipefitters Union Local 525 Health and Welfare Trust and Plan et al v. Security Plumbing & Air Conditioning. The trust (plaintiff) filed a complaint stating Security Plumbing (defendant and May’s client) wasn’t producing documents for an audit. They asked the court for an order compelling the client to produce the documents, there was a misunderstanding, and the client never filed an answer. The trust then filed for a default judgment, but instead of an order for the client to produce the documents, they got a monetary judgment of $350,000. That’s when May got involved [...]

29 01, 2016

Which Business Entity Should I Declare?

By |January 29th, 2016|Categories: blog, Business Formation|Tags: |Comments Off on Which Business Entity Should I Declare?

[column width="1/1" last="true" title="" title_type="single" animation="none" implicit="true"] When you have your own business, it can be a challenge in determining what type of business entity to declare. There are so many different options out there. Which option is the best for you and your business? Would it be best to declare it as a sole proprietorship? Or perhaps a Limited Liability Company (LLC) would be better in representing your business. In this article, we will break down the options with which types of business entities there are to declare, so you can better determine what will best benefit you and your business. Sole Proprietorship A sole proprietorship is a business where the owner is personally and solely liable for any legal responsibilities. This means that the business isn’t separate from the personal standings of the owner when it comes to any legal issues that may arise, such as a lawsuit. The business owner can claim their own business losses and profits on their annual personal tax returns. A sole proprietorship can be easy to form and operate for the business owner. No state filing is needed for a sole proprietorship. Partnerships A partnership is similar to a sole proprietorship, but there are shared aspects of the business. They are also easy to form and operate. Each partner in the business can claim their profits and losses on their own personal tax returns. No state filing is needed for a partnership. Limited Liability Companies (LLC) The business has an independent legal structure away from the personal legal liabilities of the owner(s). There is a separation between the assets of the business, and the owner. There aren’t any limitations in the number of owners, and there are [...]

29 12, 2015

Should You File a Copyright in Nevada?

By |December 29th, 2015|Categories: blog, Business Law|Comments Off on Should You File a Copyright in Nevada?

[column width="1/1" last="true" title="" title_type="single" animation="none" implicit="true"] Don’t let someone else steal your work! Filing a copyright is an effective way to protect your work from being plagiarized, or having your ideas stolen and other people making profit off them. Tony M. May, P.C. provides legal services for individuals seeking to file a copyright in Nevada. We will help you register your work, and handle licensing and assignments of your copyrights. Common Copyright Law Services When you want to file a copyright, there are several services we will provide to help you: Preparing and filing a copyright application Obtain a deposit copy Answering questions about the Copyright Office and your rights Handling Copyright Office refusals to registration Tracking deadlines and filing for extensions if needed Our Las Vegas law firm will provide you with information about the status of your application, and we keep you informed of any hang-ups that may occur when filing a copyright. Keeping Your Ideas Safe With so many small businesses springing up each day, there is a good chance someone else has similar ideas to you. All businesses should aim to have protection for their products and services. No one can be certain that another individual will steal their big idea and will profit from it. There are three main intellectual property types: Patents – a patent is used to protect products and services involved with ideas that are already in place. Trademark – a trademark will protect a name or symbol that is associated with a product or series. Trademarks are designed to protect consumers from confusion when another business attempts to use a similar product or appearance to build their brand. Copyrights – copyrights are used to protect [...]

30 08, 2015

How Will Bankruptcy Impact Your Life

By |August 30th, 2015|Categories: Bankruptcy Law, blog|Comments Off on How Will Bankruptcy Impact Your Life

[column width="1/1" last="true" title="" title_type="single" animation="none" implicit="true"] When times are tough, a number of people rely on credit cards to help them pay their bills. Reliance upon debt can become a burden quickly. If an individual fails to pay off their debts, they can start dealing with calls from collection agencies. Soon, legal claims can be filed against an individual if they do not have the financial means to pay for their debts. Bankruptcy can become the only option an individual has to pay off their debts and move forward with their life. High Interest Rates and Debt High interest rates on credit cards, personal loans, and other loans can cause serious financial strain. In some situations the only option available is to declare bankruptcy if you have previously tried working with creditors to reduce interest rates. How Bankruptcy Impacts Your Life If you declare bankruptcy, you will find relief from financial strain. When you declare bankruptcy, our lawyers will work with you to file the correct paperwork. Chapter 7 and Chapter 13 bankruptcy both have different methods to eliminate debt. Some individuals will pay back their debts over time, with a large percentage that is eliminated through bankruptcy. The other style of bankruptcy will pay off your debts by reclaiming some assets. Declaring Bankruptcy in Las Vegas Bankruptcy laws are designed to help individuals have a fresh start on life. Under Exemption Laws of Nevada, your assets may be protected as they are deemed “judgement proof”. Exemption laws will not protect you from interest debt and harassing phone calls from creditors until you declare bankruptcy. Exemption laws will not protect you from collection of child support or tax debts. Any property you pledge as [...]

11 07, 2015

What Does a Real Estate Lawyer Do?

By |July 11th, 2015|Categories: Firm News and Announcements, Real Estate Law|Comments Off on What Does a Real Estate Lawyer Do?

[column width="1/1" last="true" title="" title_type="single" animation="none" implicit="true"] Have you thought about purchasing new property, or leasing a building for business use? Real estate lawyers draw up legal documents related to real estate transactions. When you deal with issues related to real estate transactions, our team will step in and file or defend a lawsuit in court. Our real estate lawyers will help borrowers defend against foreclosure, and we help lenders carry out foreclosures. Drafting Real Estate Documents Our real estate attorneys will prepare deeds and draft other documents needed for real estate transactions. Common documents include rental agreements, purchase contracts, financing agreements, and more. We assist our clients to ensure these documents are correctly filled out. Negotiations At Tony M. May, P.C., we often deal with negotiations related to real estate transactions. We work hard to negotiate the terms and conditions of real estate deals. We have some clients that negotiate their own deals and bring contracts to us to perform due diligence. Our team will examine the legal title issues, and environmental issues of the documents and contracts related to the transaction. Litigation When a real estate transaction doesn’t work out in your favor, there is often a chance of dealing with a lawsuit. We draft legal pleadings to file with the judge, and we participate in hearings and trial with the judge. Tony M. May, P.C., specializes in mortgage and trust deed foreclosure. Our team will assist clients through the foreclosure process. Our lawyers want to assist in making the foreclosure easy for individuals when you are struggling in a difficult situation. Contact Tony M. May, P.C., today to discuss your real estate needs. [/column]