By Sharmil McKee on August 3, 2009
We are in better shape than we thought
The Philadelphia Business Journal is reporting that the U.S. economy shrank at just 1 percent the second quarter, beating analysts’ expectations and providing fresh evidence that the effects of the economic downturn are weakening.
The GNP is a measure of the value of all goods and services produced in [...]
Posted in Management, Start-ups | Tagged economy, gnp, Management
By Sharmil McKee on May 14, 2009
Hot Issues in Business Law
Technology giants have formed a new group to protect themselves from patent trolls. Patent trolls are businesses who business model is to purchase key intellectual property then collect royalties from companies whose products depend on that intellectual property. Patent trolls seem to walk a fine line between savvy capitalist and kidnapper.
So, [...]
Posted in Funding | Tagged anit-trust, Management, patent
By Sharmil McKee on May 5, 2009
How a member can force a nonprofit to involuntarily dissolve?
Yes. The Court of Commonwealth issued a ruling in April that should serve as a warning to nonprofit boards in Pennsylvania.
Did you know that Pennsylvania law allows a member of a nonprofit to petition the court to involuntarily dissolve the nonprofit corporation? A court will [...]
Posted in Asked and Answered, Nonprofits | Tagged Management
By Sharmil McKee on September 22, 2008
In June, the Governor Rendell signed a new law that becomes in effect on January 1st. The new law empowers sub-contractors and suppliers with the right to place a lien against a property if the owner or general contractor does not pay the sub-subcontractor for his/her work. The old law limited this right to the [...]
Posted in Builders and Developers, Landlord Tenant | Tagged changes to law, Management
By Sharmil McKee on December 5, 2006
A Pennsylvania court recently ruled that a claimant was not entitled to worker’s compensation because he was not an employee, but rather he was an independent contractor.
The Court, while ignoring the independent contractor agreement and the non-compete agreement signed by the company and the claimant, examined the nature of the employment to determine if the [...]
Posted in Employers, Taxes | Tagged independent contractors, Management, unemployment compensation, workers compensation
