US Expands Foreign Investment Reviews I detailed the changes in export controls previously [cite] passed within the John McCain National Defense Authorization Act of 2018. Another piece of that legislation importantly affects many future foreign direct investors seeking to invest in the US. The Foreign Investment Risk Review Modernization Act of 2018 has greatly expanded … Read more
Export Control Reform Act – Headaches to Come for Exporters The Export Control Reform Act of 2018 (ECRA) was passed in June as part of the John McCain National Defense Authorization Act of 2018, along with other trade and FDI related regulations. While the ECRA has the word reform right in the title, exports and … Read more
Why Have a Professional Review My FDD? Typically one of the first questions I hear from any potential franchisees reaching out to Reidel Law Firm to inquire about the FDD review process. Franchisors, in my experience, will recommend that they have the FDD reviewed by an attorney but will then qualify it by saying that … Read more
How to Sell Your Business Every business owner should have an eventual exit strategy for their business. Often this exit strategy involves selling the business or its assets when the owner decides to retire or move on. While selling a business can be straightforward and simple, there are several steps every business owner seeking to … Read more
What is an EIN and ITIN (and Why Do I Need It)? When starting a new business, you will come across certain actions which require an EIN, or an employer identification number. These are often required by government agencies, banks, payment processors, business licensing, and other typical business necessities. The EIN is issued by the … Read more
Need to Know: Export Terms For folks new to exporting or even importing there will be a myriad of abbreviations which are important to know as you start exploring the export market. The international commercial terms (Incoterms for short) are the official rules of the International Chamber of Commerce that explain typical trade terms. These … Read more
Due Diligence for Buying a Business If you are on track to buying a business, be sure to exercise your due diligence as you move forward in the process. Too often does a buyer focus on price of the deal or other factors while neglecting other important aspects of a business purchase. The due diligence … Read more
Deals from Hell – What to Do In my practice I have rarely had a deal go completely sideways to a nightmare. But they do happen, and when they happen it can mean some sleepless nights and restless days. Taking the following steps can help you survive your business deal gone bad. Get Everything in … Read more
Export Compliance – Where to Start? If your company is contemplating selling across borders or has already engaged with buyers overseas to export your product, you should take a careful review of any export compliance regulations that may apply to you. Often small and medium sized businesses ignore or are not aware of the various … Read more
How to Import to the US The US market can be an exciting and lucrative challenge for international businesses. Succeeding in the US market can take your product or business to the next level. Certainly the biggest hurdle to approaching the US market for your product or business is how to actually get it into … Read more
