Starting next week, for the first time in 27 years, restaurants in Georgetown will be able to apply for new liquor licenses. The District of Columbia’s Alcoholic Beverage Control today voted not to extend its decades-old moratorium on liquor licenses for restaurants, which had been set to expire on April 8. The moratorium was instituted in […]
Read more...Month: March 2016
Is Granting Equity to Early Backers of Your Business a Good Idea?
The New York Times had a terrific story this weekend on a matter I see all the time in my practice: entrepreneurs who hand out equity in their businesses at the startup stage, then years later want to buy those equity-holders out, but lack the resources to do so. The piece opens with the story […]
Read more...Landlords Come and Go. It’s What Your Lease Says That Matters Most.
Commercial leases, like most contracts, are subject to interpretation. Clauses and terms that may seem clear at the time they are drafted can later become ambiguous, or subject to more than one understanding, especially when words on paper become applied to real life situations. Or the terms may be unclear on their face, and such […]
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