Monthly Archive

October 2024

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Noncompete Clauses in Employment Contracts Still Valid in Arizona

By Donald W. Hudspeth | Published October 30, 2024 | Posted in Business Law | Tagged Tags: Arizona Law, business interests, Noncompete Agreements | Leave a comment

In Arizona, noncompete agreements between employers and employees remain valid despite the Federal Trade Commission’s 2023 rule banning such clauses. The ban was set to take effect in September 2024, but a federal judge in Texas effectively struck it down, holding that the agency lacks the substantive rulemaking authority to regulate unfair methods of competition. Read More

What You Need to Know Before Entering a Franchise Agreement

By Donald W. Hudspeth | Published October 23, 2024 | Posted in Franchise Agreement | Tagged Tags: dispute, Franchise fees, payment terms, renewal terms | Leave a comment

Purchasing a franchise allows a start-up venture to enter the business world with the backing of an established brand, but this opportunity should be approached with caution and careful preparation. The best way to prepare is to conduct thorough due diligence and to gain a thorough understanding of the obligations and protections that are afforded Read More

Choosing the Right Method of Valuation for a Business Acquisition

By Donald W. Hudspeth | Published October 16, 2024 | Posted in Business Acquisition | Tagged Tags: cash flow, Income, Market | Leave a comment

Accurate valuation is a vital part of acquisition of a business. Buyers need to know they are paying a fair price based on true worth. This means gaining a full understanding of the target company’s value at present so that its potential for growth can be predicted. Several valuation methods are available, each suited to Read More

Potential Pitfalls in Arizona Commercial Real Estate Transactions

By Donald W. Hudspeth | Published October 9, 2024 | Posted in Arizona Commercial Real Estate | Tagged Tags: complications, Contractual, regulations | Leave a comment

Arizona commercial real estate transactions can be lucrative, but they can encounter problems that can cause delays and costs. Commercial properties are subject to greater restrictions on use and may involve other special aspects that complicate purchase and sale. The best way to combat such problems is to anticipate them. Buyers and sellers must take Read More

The Value of Mediation and Arbitration Clauses in Contracts

By Donald W. Hudspeth | Published October 2, 2024 | Posted in Mediation and Arbitration | Tagged Tags: Agreements, contracts, dispute | Leave a comment

Mediation and arbitration clauses in contracts are effective ways to avoid lengthy and costly litigation. These clauses provide clarity and structure, so that if a dispute arises, there is a defined process for resolution which can preserve relationships and avoid the delay, expense and unpredictability of going to court. Furthermore, mediation and arbitration take place Read More

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Donald W. Hudspeth

Principal Attorney

Attorney Donald W. Hudspeth has more than twenty years’ experience practicing corporate and business law. Before attending law school, Mr. Hudspeth held a stock brokers license at the age of 21 and owned his own business at the age of 23. He was a business law professor at Arizona State University, West Campus, and has conducted classes and seminars for a number of higher institutions and organizations. Mr. Hudspeth has published two books on law and is the founder of the radio programs Law on the Edge and Law Talk.

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AWARDS

Our firm now offers a scholarship program for ASU first and second year law students.

The scholarship is awarded to students for academic merit with an interest in business and business law. Candidates may have majored in fields other than business, have taken a break between college and law school, or have had exceptional life experiences.

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SEE What People ARe SAyING ABOUT US

"I would recommend Mr. Hudspeth unequivocally. Not only is he an outstanding business attorney, he also provided me with access to a divorce attorney. Thanks to his skill, and resources available outside the Phoenix law family, I was successful in challenging a “family law” mediation that was particularly and grossly unfair." - Chandler, Arizona Private Individual
"Thank you for the work you have done in creating these documents. It is always a pleasure dealing with this firm!" - J. P.
"An excellent response. Masterfully prepared. Thank you." - El Paso, Texas Real Estate Investor
"Glad about meeting with Don. Felt so much better, better than in 15 years. Really appreciated the conversation." - RH, Phoenix Manufacturing Company

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