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Businessman's hand in a mouse trap

Look Before You Sign … the Pitfalls of Personal Guaranties

Written By Thomas C. Wolff

Limited liability protections afforded by various corporate, limited liability, or limited partnership laws normally insulate business owners from personal liability for their business's debts. However, lenders routinely …

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rows of colorful construction helmets hung on a wall

"ITIN Contractors" – What North Carolina Construction Companies Need to Know to Minimize Risk

Written By Lee C. Hodge

As explained in an earlier article, the North Carolina Department of Revenue (the "NCDOR") has aggressively audited North Carolina construction companies on the issue of whether they are properly withholding with respect t…

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Bitcoin on top of paper money

Can I Secure A Loan with Bitcoin? Part II

Written By Lance P. Martin

In my previous article, I discussed the challenges of using Article 9 of the Uniform Commercial Code ("UCC") to create and perfect a security interest in virtual currency like Bitcoin, Ethereum, or Litecoin. (I use &ldquo…

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Close up of dog nose

Wake Up and Smell the . . . PLAY-DOH®?

Written By Erica B. E. Rogers

It has been about a year since the toy company, Hasbro, Inc. (“Hasbro”), filed with the United States Patent and Trademark Office ("USPTO") to register the scent of PLAY-DOH® toy-modeling compound.   …

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Business people tug of war with rope

Protecting Important Assets of your Growing Business: The Value of Non-Compete Agreements and Trade Secret Protection

Written By Norman J. Leonard

You have a great idea for a product or service and dream of putting that idea to work by starting a business. Once your dream has become reality, however, and your business starts to grow, it will not be successful for ve…

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Coins with the logos of Bitcoin and Ethereum stamped on the faces

Can I Secure a Loan with Bitcoin? Part I

Written By Lance P. Martin

Each day seems to bring another story about Bitcoin, Ethereum, Litecoin, or another virtual currency. If virtual currencies continue to grow in popularity, it's only a matter of time before borrowers offer to pledge virtu…

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