August 26, 2024

The USA offers Brazilians stability and growth through economic strength and transparent regulations. Utah stands out with its business-friendly environment and thriving tech sector. Sumsion Business Law helps Brazilian investors navigate US business formation and compliance.

July 11, 2024

Defamation law protects reputations from false statements while upholding free speech. It requires proving falsity, publication, fault, identification, and reputational harm. This balance is crucial in today’s digital age, where information spreads quickly, and anonymity can lead to reckless claims.

May 24, 2024

Unilateral contracts involve a promise dependent on completing a task, like a reward for a lost dog, becoming binding only when fulfilled. Bilateral contracts involve mutual promises, like dining at a restaurant. Both rely on offer, acceptance, and consideration, with distinct obligations for each type.

May 14, 2024

Lien waivers are critical in construction, allowing contractors to waive lien rights in exchange for payment, ensuring smooth owner-contractor relations. In Utah, lien waivers function like contracts, requiring clear terms and proof of payment. Contractors should protect their rights by using their own waivers or seeking legal review.

May 7, 2024

A federal court in Alabama ruled the Corporate Transparency Act (CTA) unconstitutional, challenging its disclosure requirements. While the ruling currently applies only to the plaintiffs, it may lead to future legal challenges. Business owners should stay informed, as appeals could alter compliance requirements.

April 25, 2024

Starting a 501(c)(3) non-profit is rewarding but requires navigating complex IRS requirements, including the 1023 or 1023-EZ application for tax-exempt status. The 1023-EZ is simpler but limited to smaller organizations. The full 1023 demands detailed financials, board information, and plans for charitable activities.

April 5, 2024

The Corporate Transparency Act requires U.S. companies to file beneficial ownership information with FinCEN starting January 1, 2024, to combat illegal financial activities. Reports must include details about owners and the company. Businesses formed before 2024 must file by January 1, 2025, while newer entities have 90 days to comply.

March 28, 2024

Contracts are essential for business operations but can lead to disputes if misunderstood. Sumsion Business Law offers services including contract review, interpretation, negotiation, alternative dispute resolution, and litigation support.

December 14, 2023

Utah's landlord-friendly laws, such as a 72-hour eviction notice and treble damages, often leave tenants with limited rights. However, the Utah Fit Premises Act ensures basic living standards, and tenants can take legal action for deposit disputes if landlords fail to comply.

November 10, 2023

Non-disclosure (NDA), non-compete (NCA), and non-solicitation (NSA) agreements protect businesses from internal threats by safeguarding confidential information, preventing competition, and restricting solicitation of clients or employees. Sumsion Business Law offers 35 years of expertise to help businesses and employees navigate these agreements effectively.