Recent Changes to the Louisiana Private Works Act
In 2019, the Louisiana Legislature passed a series of significant changes to the Louisiana Private Works Act ("PWA"),1 which provides a privilege (also known as a "lien") in favor of certain claimants who perform work or supply materials in connection with the...
Protecting Your Company’s Secrets: The Louisiana Uniform Trade Secret Act
Everyone is familiar with the "legendary" tales of the Coca-Cola secret formula: only two corporate executives are privy to the formula,1 and the actual, written recipe is locked away in a chrome vault.2 While these tales may be somewhat exaggerated, the importance of...
What’s the difference between commissions and illegal kickbacks?
Salespeople are paid on commission in many industries. Viewed transactionally, however, there is not much difference between a legal commission and an illegal kickback. In many cases, kickbacks are very much like commissions except that there is a specific law...
What’s the difference between business and commercial law?
If you run a business, you may have wondered if there is a difference between "business law" and "commercial law." Many people use the words "business" and "commercial" almost interchangeably. Is there a difference -- and does it affect the kind of lawyer you need?The...
A smooth transition when selling your business
If one of your goals for the coming year is to sell your business, you likely have mixed emotions about it. Perhaps this is something you have been contemplating for a while, or circumstances have told you this is the right time to let it go and try something...
Starting a new business involves numerous steps
Perhaps it has been a lifelong dream of yours to start your own business. Instead of continuing to wait for every condition to be just right, you have decided to take the plunge. You know that you must make numerous decisions before you can even open your doors.After...
When would I need an NDA?
If you own or work for a company in Louisiana and are looking to hire an external agency to help you with some advertising campaigns, you will likely have to share sensitive business information with them. Similarly, if you are considering a merger with another...
Tips for non-compete agreements in Louisiana
Protecting Your BusinessMost business owners would agree that one of their biggest priorities is protecting their intellectual property, trade secrets or other sensitive/private data.To that end, many employers attempt to implement non-compete agreements to keep their...
4 reasons to pick Louisiana for business operations
Naturally, most business owners choose to conduct operations in the state in which they currently live. However, it can sometimes be advantageous to explore other locales. Here are a few reasons why new entrepreneurs and established corporations alike may want to pick...
Tips for maintaining tax-exempt status
It is common knowledge that charitable organizations generally qualify for tax-exempt status. After all, they are not in business to make a profit, so it makes sense that they do not have to pay annual taxes to the IRS. However, what many people do not realize is that...
