What elements make a contract valid?
A signed contract could serve as an essential element in a business relationship. A contract could establish the terms and conditions of employment, along with expected payment. Contracts with third parties could ensure stability for enterprises in Hawaii relying on...
How does an entrepreneur negotiate a commercial lease?
Some businesses cannot operate without a brick-and-mortar location, and signing a lease becomes a typical step when choosing an appropriate commercial property. Monthly rent payments cut into profit margins, so commercial tenants in Hawaii might find it necessary to...
How does a hostile takeover occur?
Dramatic depictions of hostile takeovers remain a plot device in television and motion picture melodramas. Such financial developments play out in real life in Hawaii and other states where publicly traded companies operate. While the company's present management...
The limitations of a reverse merger
If you’re a business owner in Hawaii who wants to take your company from a privately held entity to a publicly traded one, it’s important that you understand what reverse mergers are and how they work. It’s also crucial that you understand the limitations and...
Options for dealing with an anticipatory repudiation in contracts
Do you enter into contracts as a regular part of doing business in Hawaii? If so, you may want to take a closer look at anticipatory repudiation rules, which protect you when someone else refuses to make good on their contractual obligations. When the other party...
Business formation can impact your taxes
People put a lot of time and effort into starting a new business. They do market research, test prototypes and buy ad space. But sometimes, entrepreneurs neglect to consider one of the key factors in any business: the way it's structured. Businesspeople in Hawaii...
The average timeline for a merger
Mergers and acquisitions lead to the consolidation of several businesses and assets through financial transactions. In Hawaii, the process involves a series of steps to merge and acquire a company. Planning, research, closing and implementation are the key activities...
Understanding commercial real estate contract provisions
Commercial real estate can be an appealing investment option for people in Hawai'i and around the country. For business owners, dealing with commercial property contracts is a necessity to expand your company into the brick and mortar space. When preparing to buy and...
Being Diligent About Due Diligence When Purchasing a Hawaii Business
Whether you are fulfilling a life-long dream of owning your own business or expanding your existing empire, taking the time to properly conduct due diligence is a critical first step in purchasing a business and can determine whether you sink or swim. Once you have...
Interpreting Hawaii Force Majeure Contract Provisions in the Time of COVID-19
The uncertainty surrounding the coronavirus pandemic has created many novel, or at least unusual, legal issues, one of which is the interpretation and applicability of force majeure provisions in contracts. The term force majeure literally means “superior force,” and...