The Pennsylvania Supreme Court, in a case of first impression, held that a “no poaching” agreement that was a part of a contract between two business entities was an unreasonable restraint of trade and therefore unenforceable. A “no poaching” agreement is an agreement...
COVID as a Defense to Commercial Collections
During the COVID emergency of 2020, many commercial borrowers and commercial tenants suffered loss of revenues and fell into arrears on their scheduled mortgage or rent payments. Business revenues fell either because the businesses were required to be closed by...
Negotiating a commercial lease
Most companies do not own the facilities from which they conduct their business. The agreement by which a business rents space from the owner of the property, called either a landlord or a lessor, is called a lease. Leases can be either oral or written. Pennsylvania...
What to know about negotiating a contract
A contract is an agreement that defines a specific relationship between two or more parties. In most cases, a contract may be oral or written, although some contacts, such as those involving the purchase and sale of real estate must be in writing to be enforceable. In...
Can you hide defects in a home if you list and sell it as-is?
Homes are major, expensive investments. Sometimes, people buy a home as a project before realizing they don't have the time or money to fix it up the way it requires. Other times, they may have let maintenance slide over the years and now have too many projects to...
Forming a company doesn’t have to be difficult
Forming a business in Pennsylvania can be a complex task to accomplish. However, this largely depends on the type of company that you want to form. Take a look at the various organizational structures that you can choose from and what you need to do to create your...
What must PA home sellers disclose to potential buyers?
Buying a home is a big decision. Buyers in Blue Bell and other Philadelphia suburbs often spend more than $400,000 on a home purchase. To protect them from buying a home with serious defects, Pennsylvania requires sellers to disclose problems with the condition of...
How does a partnership end when a partner retires?
There are various different types of businesses in Pennsylvania that provide many different services and produce different goods. These businesses have various owners as well and are formed as different legal entities. Many are formed as corporations (S-corps and...
What Does A Solid Real Estate Contract Entail?
A commercial property transaction is a major undertaking and parties may lose important rights and assets if they only use boilerplate forms. A well-drafted sale and purchase agreement for commercial real estate addresses the specific transaction, contains common...
How does zoning work in Pennsylvania?
Land and business owners cannot build or operate their business at any location they choose or without restriction. Pennsylvania communities have zoning and land use regulations that dictate the use of different land, restrict the types of use for the land or govern...