Manhattan Bankruptcy Law Blog

One might reasonably think that a number of factors might cumulatively influence growing numbers of young people to steer clear of business-linked dreams and opportunities to start and grow their own companies.

Indeed, some challenges do seem pronounced and clear. Government regulatory exactions are many and hardly ebbing. Tax law - though seemingly improved for small businesses recently - is always complex and in flux. Legions of aspiring and well-qualified entrepreneurs are already dealing with outsized educational debt that might give them second thoughts about embarking down a business path. Once unquestionably secure business realms (mall-based retail is but one example) are in dire sink-or-swim territory or have seen key players already succumb to rapidly changing commercial realities.

According to Bloomberg and other national news sources focused on major business stories, supply and demand is telling an instructive tell when it comes to New York City’s Downtown commercial office space.

The reported bottom line: Big-time landlords dependent on inking lucrative lease deals are sweating, with company principals seeking coveted business space at increasingly attractive prices being elated with their current prospects.

If you’re an experienced New York business owner, you know that complexity marks commercial activity in virtually every aspect. Few things in the business sphere are unnuanced and simple, whether they relate to company formation, financing, dispute resolution or any other matter.

Like debt woes, for instance, coupled with other stark financial challenges that threaten business viability. Any company principal dealing with such matters knows well that a boilerplate solution is not in the cards and that hard decisions must be made based on a legion of complex factors.

Employers of every size and type in New York City and across the state focus strongly upon the agreements they execute with workers, especially key employees.

One contractual clause they see as being vitally important is a provision addressing how a worker/business dispute will be resolved. One recent national business article notes that many American companies insist on arbitration provisions in their employment agreements.