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What is the meaning of the word escrow?

by Administrator 9. March 2010 03:34

Real estate agents and lawyers often use language that only they can understand. Part of this language is the shorthand word escrow. 

Escrow is a descriptive term for an account that is created to retain or reserve certain funds and expenses. These funds and expenses often include property taxes, home insurance, and closing costs. 

If you have any questions about escrow accounts, contact the Iowa real estate transactions lawyers of LaMarca & Landry, P.C., at 877-327-2600. 

 

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How to structure a business construction contract

by Administrator 9. March 2010 03:27

Almost all businesses hire construction firms at some point. These construction firms often build new office buildings or make renovations to existing ones.

To control the costs, many businesses are advised to structure their contracts with certain provisions. These provisions could include gross maximums, fee limits, and overrun cost limits. Deciding which provisions are best often depends on the type of construction project. 

If your business has questions about its construction contracts, contact the Des Moines construction contract lawyers of LaMarca & Landry, P.C., at 877-327-2600. 

Who you should you contact if you have problems with your employee contract?

by Administrator 2. March 2010 04:02

An employee contract contains many legal agreements and provisions that govern the employee-employer relationship. When employees feel like their employers have not fulfilled the obligations of the contract, they are often unsure how to proceed.

In some cases, they will contract the company's internal legal counsel for advice. However, this strategy can backfire because the internal counsel is often responsible for protecting the company's legal interests. As an alternative, employees should contact outside counsel, who will serve the employee's best interests. 

If you or anyone you know has questions about their employee contract, contact the Iowa business attorneys of LaMarca & Landry, P.C., at 877-327-2600. 

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What is a best efforts clause?

by Administrator 2. March 2010 03:56

In business contracts, clients often want their hired firms to treat them like a top priority. This generally means employing the necessary resources for a job.

Ensuring that hired firms will treat clients as top priorities, however, is legally difficult. That being said, clients can insert a best efforts clause in their business contracts to guarantee that no matter what happens the hired firm will employ the necessary resources for a project. 

While it is often difficult to bring a case to court based solely on the best efforts clause, it can still act as an extra layer of legal protection in a business contract. 

If your business has questions about its business contracts, contact the Iowa business attorneys of LaMarca & Landry, P.C., at 877-327-2600. 

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What are due diligence considerations in business purchases?

by Administrator 23. February 2010 00:54

When businesses make large purhcases or acquisitions, they often consider a number of factors. These factors include how the purchase will increase the firm's value over time. 

Along with the financial considerations, the business must also take into account due diligence considerations. These include considering the legal risks and evaluating the other information related to the business. Some companies choose to hire attorneys to help them during this due diligence process. 

If your company requires due diligence services, contact the Des Moines due diligence attorneys of LaMarca & Landry, P.C., at 877-327-2600. 

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Small businesses unsure how to adapt to health care changes

by Administrator 23. February 2010 00:48

As Congress debates a new health care bill, many businesses are unsure how the bill will affect their company health car plans. This uncertainty has caused a number of company's to delay changing or updating their health care coverage.

If a new bill is passed, many companies, especially small businesses, will have to wrangle with decisions about how to meet new heath care rules and requirements. These changes may mean not only increased costs but also more regular litigation. 

If your business has questions about its health care coverage, contact the Des Moines health care business attorneys of LaMarca & Landry, P.C., at 877-327-2600. 

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Terra Industried to be acquired by Yara International

by Administrator 16. February 2010 03:45

Terra Industries announced last week that it will be acquired by Yara International. The merger will include Yara acquiring all the outstanding shares of Terra common stock. 

Once the merger is complete, Terra will be set up as a subsidiary known as Yara North America, and the company will continue to produce various nitrogen products. 

If your company is considering a merger, contact the Des Moines business attorneys of LaMarca & Landry, P.C., at 877-327-2600. 

 

 

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