Perhaps you have seen commercials from personal injury law firms trying to convince you to call them immediately if you have been injured because your claim may be time-sensitive. While these firms are obviously trying to get your business, there is some truth in this type of statement. Virtually any claim you may have against an individual or entity has a “Statute of Limitations” attached to it, meaning the amount of time you have to commence a lawsuit before your claim is deemed time-barred. Continue reading “Important Time Periods for New York Business Owners Contemplating Litigation”
Tag: Uniform Commercial Code
Three Steps to Consider if a Customer is Going Down the Tubes
Imagine this scenario – your business has a major, long-time customer. The customer has been paying on its invoices, but payments have been coming more and more slowly, and there is now a substantial balance due on the account. On top of all that, you just sent them a large shipment of custom widgets on a special order. Continue reading “Three Steps to Consider if a Customer is Going Down the Tubes”