Business bankruptcy isn't just for companies that need to close. The bankruptcy process can also help struggling organizations reduce their debt and regain financial solvency. Chapter 11 bankruptcy can help large, previously-successful companies restructure to reduce...
Businesses rely on contracts to protect them when they’re working together. These contracts contain a host of terms, including when the contract can be terminated. Understanding how terminations will be handled is critical before signing a contract. Ending a...
The rise of remote work has been a game-changer for Alaska businesses. Suddenly, a small business anywhere in Alaska can hire a talented accountant in Portland or a skilled developer in Denver without either party relocating. But before you send that offer letter,...
Under federal and state employment laws, employers generally must consider reasonable accommodations for workers with disabilities. At the same time, businesses are not always required to approve every accommodation request if doing so would create major operational...
A Chapter 11 bankruptcy filing is designed to give a business room to reorganize its debts and continue operating. But reorganization does not always go as planned, and it can be worth exploring the option to change to Chapter 7. Legal grounds for conversion A debtor...
Receiving a complaint from your employee claiming they have experienced discrimination can be concerning. When someone creates a hostile work environment for your employee, it can affect their work performance and potentially expose you to lawsuits. Thus, you need to...
“Discourage litigation. Persuade your neighbors to compromise whenever you can. Point out to them how the nominal winner is often a real loser — in fees, expenses, and waste of time.” – Abraham Lincoln (1850) Abraham Lincoln’s advice to his fellow lawyers in 1850 is...
As an employer, you are aware that you may find yourself involved in wage and hour disputes with employees. They may claim they are not being paid fairly or that their rights have been violated. This can result in significant litigation, and there is the potential...
Frequently, business leaders contemplating bankruptcy choose Chapter 7 if they intend to close their company and Chapter 11 bankruptcy when they want to restructure the company to regain solvency. However, there is a specific scenario in which those anticipating the...
Alaska is an at-will employment state. While many businesses do sign contracts with workers, state law does not directly impose obligations regarding the end of a working relationship. Employees can quit without giving notice, and employers can terminate workers...