Starting a business in Massachusetts requires important legal and financial decisions, and one of the first is choosing the right business structure. Many entrepreneurs ask: Should I form an LLC or a corporation in Massachusetts? The answer depends on your business goals, ownership structure, tax preferences, and long-term growth plans. Understanding the differences between a Massachusetts […]
Business partnerships are built on trust, shared goals, and clearly defined responsibilities. When one partner breaches the partnership agreement, that trust can quickly erode, putting the business, and its future, at risk. In Massachusetts, a breach of a partnership, operating, or shareholder agreement can give rise to serious legal claims and may require swift action […]
Phillips, Gerstein & Channen, LLP is proud to be a collection partner for Coats for Kids & Families. Coats collected at our law office by January 1, 2026 will be professionally cleaned by Anton’s and given to local nonprofits, social service agencies, and schools for distribution right in our area. Sponsored by Anton’s Cleaners, Rockland […]
The Importance of Employment Law Compliance Massachusetts has some of the most employee-friendly laws in the country, which means that businesses operating here must pay careful attention to state-specific requirements. From wage and hour regulations to anti-discrimination protections, employers are expected to meet strict standards designed to safeguard workers’ rights. Failure to comply can result […]
Leasing commercial space is a major step for any business, whether you’re opening a retail storefront, moving into an office, or expanding operations. In Massachusetts, commercial leases differ significantly from residential leases and are governed by contract law rather than consumer protection statutes. Understanding the terms, negotiation strategies, and legal obligations involved is essential to […]
Starting a business with a partner is an exciting endeavor, but one of the most critical early decisions is selecting the right business entity. The legal structure of your business affects liability protection, taxation, fundraising options, and long-term growth potential. While there are several entity types to consider, this article focuses on two of the […]
Non-compete agreements are a common feature of employment contracts in Massachusetts, designed to protect businesses from unfair competition by former employees. However, these agreements are subject to specific legal requirements under Massachusetts law to ensure fairness and enforceability. We review what non-compete agreements are, the legal framework governing them in Massachusetts, and key considerations for […]
Contracts are the backbone of any successful business, providing clarity and legal protection for parties involved in commercial transactions. In Massachusetts, understanding the essentials of business contracts is critical to avoiding disputes and ensuring enforceability. This article explores the key elements of contracts, common issues, and best practices for businesses to safeguard their interests. Key Elements of […]
Launching and running a business in Massachusetts requires careful planning, particularly when it comes to establishing legally sound agreements. Business contracts form the foundation for protecting both parties’ interests, ensuring clarity in responsibilities, and reducing legal risks and business litigation. Here are five essential business contracts every Massachusetts entrepreneur should be familiar with, each serving […]
A 1031 tax-free exchange, also known as a “like-kind exchange,” is a powerful tool for real estate investors who want to defer capital gains taxes when selling and purchasing investment properties. This tax provision, governed by Section 1031 of the Internal Revenue Code (IRC), allows property owners to reinvest the proceeds from the sale of […]
