The Necessity of Obtaining an Export License

Why apply to the U.S. Department of Commerce for an export license? There are many restrictions on exports, including the destination country and materials that can be exported. Exporting certain materials or to certain countries or entities can lead to criminal prosecution. Last week an Iranian national was sentenced to just over four years in federal prison for illegally exporting items to Iran. Iran, like many countries, is an export destination that is heavily restricted by the U.S. government. The Iranian national did not have and did not apply for an export license and also did not apply for approval...

USCIS Expands Self Check System to Spanish

USCIS Expands Self Check System to Spanish: The United States Citizenship and Immigration Services (USCIS) expanded its Self-Check system. The USCIS started its Self-Check system in March 2011 in Arizona, Colorado, Idaho, Mississippi, Virginia and the District of Columbia. The Self-Check system is an online system offered through E-Verify. E-Verify allows participating employers to check the status of workers before they are hired. The Self-Check system is similar in that it allows employees, ages 16 and older, to check their eligibility status before they seek employment. The new developments of the Self-Check system are important because it has expanded to...

Copyright v. Trademark: What’s the Difference?

Everyone has heard of something being copyrighted or trademarked. However, people often use these terms synonymously when in fact they mean very different things and have very different implications. Although I explain the difference between a trademark and copyright, most of my focus is on explaining a copyright. Let us begin with defining a trademark. A trademark is a name, symbol, design or logo which is used when goods are traded to indicate the source of those goods. A trademark distinguishes one good from another. For the purposes of this article, I will use the Mickey Mouse character to better...

How to Enforce a Foreign Arbitration Award

How to Enforce a Foreign Arbitration Award: Boyer Law Firm knows how difficult it can be to receive a favorable arbitration award. We also understand that having such an award enforced can be a troublesome process. There are a number of Conventions, Acts and treaties that may apply to the enforcement of such awards. Know How to Enforce a Foreign Arbitration Award In the U.S. alone, when attempting to have a foreign arbitration award enforced, the Panama Convention, the New York Convention, and U.S. domestic law under the Federal Arbitration Act may all apply. In most instances, the Conventions are controlling,...

Great Foreign Investments in the US and Florida

Great Foreign Investments in the US and Florida: A foreign investor in the United States enjoys the same flexibility in financial arrangements as U.S. citizens: • There is no need to obtain formal approval from governmental authorities to set up a company. • Foreign exchange controls are generally absent. • The foreign-owned company may freely transfer U.S. profits abroad, and its owners may freely repatriate their investment. Great Foreign Investments in the US and Florida The United States is open for business! It is important to contact an attorney regarding the different laws and regulations relating to each foreign county...

The 1099 Form and Short Sales or Foreclosures

The 1099 Form and Short Sales or Foreclosures: When a property is foreclosed or a short sale closed, the net sale price is applied toward the debt, but it doesn’t satisfy the entire obligation. The rest is usually either forgiven or written off. The number reported on the Form 1099 is the amount of the loan that was not repaid, not the total amount of debt on the property. Understanding the 1099 Form and Short Sales or Foreclosures The foreclosure or short sale transaction is not a single transaction but two transactions, the sale or exchange of the real property,...

Why use an Attorney when Importing goods?

Why use an attorney when importing goods? The world of imports is a complex system that requires the knowledge and expertise of someone who is able to navigate the proper channels. There are certain goods that are restricted or prohibited from importation altogether. Likewise, some countries do not allow any imports at all from certain countries or regions. This alone can make importing a harrowing ordeal. Beyond the problems of what can be imported and from where, there lies the problem of how much, if any, will be paid in import duties. In calculating the amount to be paid upon...

What To Do If You Are Injured on a Cruise Ship

What To Do If You Are Injured on a Cruise Ship: Many people are injured every year on cruise ships. Many of those people are unaware of how to take proper legal action. Do not let yourself be one of those people. One of the most common mistakes passengers of cruise ships make is that they do not know how long they have to file suit. Most cruise lines have their own statute of limitations of one year in small print located on the back of ticket. If someone injured on a cruise ship fails to file suit against the...

Avoid Piercing your Corporate Veil

Owning and maintaining a company can be a lot of work. It is important that you sit down with a lawyer from the beginning to lay a good foundation. Lack of a good foundation and proper maintenance can lead to bad news and financial worries not only for the corporation but also the shareholders. When a company is not built on a solid foundation the company opens the door for a creditor to pierce the corporate veil. “What is the corporate veil, you may ask?” The Corporate Veil is a legal concept that separates the personality of a corporation from...

Transferring Shares in a Corporation

Owning shares in a company represents an individual’s share of ownership in the company. Shares in a company or corporation can be transferred, assigned or sold between seller and buyer. Before the process of transferring can begin, it is important to determine the type of business entity shares will be transferred through. There are several types of business entities: corporations, limited liability companies and even partnerships. Each business entity differs in the type and number of shareholders in which a company or corporation is composed. Transfer of shares varies with the type of business entity because each business entity would...