Doron F. Eghbali Business Law Blog

Despite the importance of having insurance in today's volatile risky business environment, having insurance does not literally translate into adequate applicable coverage. In other words, the business may be paying for some type of insurance; nonetheless, such coverage may not be needed, sufficient or both. Therefore, the salient inquiry is how to select business insurance reasonably adequate and applicable to the risks the business might be encountering in a foreseeable future.... Read More

Shares, classes and series of shares, common shares, preferred shares, convertible shares and options are only among some of the vocabulary promulgated in corporate lexicon. Let us further enlighten ourselves about such corporate parlance. ... Read More

Contracts can even be found to be formed based on the conduct or intent of the parties and not their mere express words evidenced in an agreement. In addition, the law might find there is an agreement for justice demands it. Let us further explore and delineate the concepts of Implied-In-Fact and Implied-In-Law contracts in some detail.... Read More

Two rather unknown and unrelated pieces of legislation enacted last year without much fanfare create nearly unparalleled opportunities for the affluent to further literally enrich their decedents.  The combination of these two rather seemingly unrelated pieces of legislation enables literally affluent grandparents to leave significant amount of money for their grandchildren free of taxes. Let us see how.... Read More

If you are a parent and offering your child a summer job, despite the gloomy economic picture, both you and your child should, generally, be in a better position. In fact, employing your child would bestow upon you some coveted and some vaunted exemptions. Nonetheless, you should be mindful of some salient points to avoid tax pitfalls. Let us explore, to some extent, the points and pitfalls of your child's summer employment.... Read More

Credit Card Accountability, Responsibility, and Disclosure Act ("The Card Act"), was supposed to protect consumers. Yet, credit card companies have found new ways to circumvent the law. Let us explore the fundamentals of credit scores and ways credit card companies seek to exploit consumer's trust with potential irreversible harm to their credit score.... Read More

Often, businesses have information they would not and should not share with others. Such information could take the form of ideas, methods, devices, formulas, compilations, among other things. Let us explore what could work and what would not work in protecting a business' trade secrets.... Read More

Insurance policies are rather esoteric documents. Let us dissect insurance policies main parts and understand the BASICS of Declarations, Endorsements, Conditions and Exclusions.... Read More

Filing taxes could be deservedly daunting as we all strive to painstakingly collect all our data and reflect them accurately on our 2010 tax returns, if we have not already done so. Accordingly, taxpayer should be mindful of venerable TAX CREDITS to legally and ethically slash our taxes dollar for dollar, if possible. Let us further educate ourselves about such important subject, to some extent.... Read More

One of the most basic and rather vexing questions confronting taxpayers - especially the affluent - might be the choice between e-filing or filing paper returns. The IRS has slowly but steadily promoted e-filing and it seems e-filing will soon supplant to a very large extent paper filing. Nonetheless, some taxpayers might balk at e-filing. Let us explore, to some extent, the pros and cons of e-filing and paper filing. ... Read More