In closely-held businesses, a few unfortunate prospective events need to be addressed from the outset to be prepared when and if they occur. What happens in the event of death, disability, retirement,or termination of one of the partners? At Cea Legal, our role as business attorneys is to share with our clients the automatic consequences of certain events unless dealt…
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The Growing Importance of Decentralized Finance (De-Fi)
Decentralized finance (DeFi) is a term used to encompass a growing number of financial services provided on blockchain platforms (mainly Ethereum). The DeFi industry has been becoming increasingly attractive thanks to its appealing premise allowing transactions to be carried out between peers without financial intermediaries, such as banks. Instead, the transacting parties “trust” smart contracts, which are self-executing software codes…
Legal Considerations in Connection with Launching a Franchise Business
A franchise is a very popular and attractive business relationship between an established company seeking to monetize on its brand reputation (the “Franchisor”) and a new player that wishes to enter a specific market (the “Franchisee”) leveraging on the expertise of the Franchisor. Three elements generate a franchise relationship, whether the parties involved are aware or not: Franchisor’s trademark is…