You may have heard the term “force majeure” being discussed a lot with regard to parties fulfilling their contractual obligations in light of Coronavirus. Businesses and individuals, alike, are wondering whether force majeure contract clauses will actually hold-up in the face of the Coronavirus pandemic. Many businesses rely on their force majeure clauses regarding “acts of God,” when they have …
I’m very proud to be a part of a nimble profession who is able to adjust during these unprecedented times. I have been conducting meditations online via Zoom and GoToMeeting for family law disputes (including child issues and divorce matters). I took it up a notch in the month of May and completed a 20 hour training via Mediate.com. Rincker …
I was speaking a few nights a go to a crew of cattlemen about how to start the conversation with family members on estate and succession planning. I recommended that if the conversation is particularly challenging to start to consider hiring a mediator (or even a virtual mediator) who understands agriculture to move the conversation along; however, what has worked …
Today’s topic is for fellow entrepreneurs on how to get your corporate formality “ducks in a row” — or what I call becoming too legit to quit! While in quarantine, with extra time available, it’s a great opportunity to assess and improve areas of your operations. Get started by first conducting a corporate formalities check-up: Operating agreement: Do you have …
I was recently asked the following questions from a high school student. Here are my responses: What do you wish you would have known prior to pursuing college and a career in this field? One of my biggest regrets educationally is not pursuing a foreign language. I had an opportunity to stay an extra year at Texas A & M University …
On May 4, 2020, the Internal Revenue Service (IRS) published questions and answers regarding retirement provisions in Section 2202 of the Coronavirus Aid, Relief, and Economic Security (CARES) Act. In addition to providing aid for individuals and businesses, the CARES Act increases accessibility to funds and loans from certain retirement plans and accounts. The information the IRS recently published clarifies …
I am very proud to have presented to the American Center Moscow about my path as an entrepreneur. You can learn more about my life story and road from a farm girl to farm lawyer here. There were some questions at the end of the presentation that I answered including my Top 5 Tips for Success. I also posted my …
Despite the uncertainty that has accompanied the COVID-19 pandemic and that still lies ahead, one thing remains certain: Most businesses will eventually reopen. On April 16, 2020, President Trump set forth guidelines for the reopening of businesses in the United States. Additionally, governors from various states continue to roll back statewide stay-home orders in the hopes of restarting economies that …
Businesses across the globe have experienced unprecedented interruptions and closures because of the COVID-19 pandemic. As a result, many businesses are finding it difficult to perform their contractual obligations. Consequently, a common but often overlooked contractual clause is in the limelight: the force majeure clause. Contrary to popular belief, the mere existence of a force majeure clause does not invalidate …
This time of year is my favorite season — and sometimes I refer to it as Prenup Season. Why? Couples planning to tie the knot this spring or summer may be considering a prenup. I also posted a quick video here on the topic. Here are three tips for the betrothed who want a prenuptial agreement: The sooner, the better. …
