How to collect past due money for your business

In this video (see Tom’s YouTube video below), we’re going to cover how you can make sure that your business is going to be paid in a timely manner and that you’re going to get the most dollar-for-dollar that you possibly can from your customers. We’re also...

Lending money? Have a promissory note created first

One of the most frequent issues people face is recovering money they are owed from others. However, there are a few things someone can do before lending money to make collecting a debt less of a headache. A very important and easy thing to do is to create a promissory...
Invoking Force Majeure for Event Contracts During a Pandemic

Invoking Force Majeure for Event Contracts During a Pandemic

By Attorney Thomas F. Gallagher, Esq. Managing Partner GALLAGHER KRICH APC   “Force Majeure” occurs when an emergency that is unforeseeable at the time of the contract makes the performance of the contract objectively impossible.  Sometimes, a contract contains...
What you need to know about a breach of contract as a business owner

What you need to know about a breach of contract as a business owner

Your business is hired to perform a job for a client. You respect your part of the deal, you do the job, but the check does not come. The client broke the agreement you had, and your business might be financially strongly affected. Dealing with clients or suppliers...
Why proper contracts can make or break your business

Why proper contracts can make or break your business

Any lawyer will tell you that one bad contract can cost you a lot in court and damage your business. In addition, our lawyers will tell you that one bulletproof contract helps you generate more revenue. Let’s see the main reasons why proper contracts can make or break...