Author Archive

Donald W. Hudspeth

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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

Special Legal Concerns Faced by Health Care Providers

By Donald W. Hudspeth | Published September 25, 2024 | Posted in Business Law, healthcare business | Tagged Tags: business, Health care, Medicare, Patient privacy | Leave a comment

Managing a health care business, such as a hospital, surgery center or medical practice, presents unique and complex legal challenges. These entities operate in a highly regulated environment requiring compliance with federal, state and local laws. The legal concerns involved in running such a business go beyond those faced by other industries, as they must Read More

When, Why and How to Conduct an Internal Investigation

By Donald W. Hudspeth | Published September 18, 2024 | Posted in internal investigations | Tagged Tags: compliance, Internal investigation, legal counsel | Leave a comment

Corporations and other organizations may find themselves in need of self-investigation for various purposes, such as maintaining compliance, addressing misconduct and safeguarding the organization’s reputation. The purpose of an internal investigation is to uncover the facts, determine whether any wrongdoing occurred and give the company the information it needs to take appropriate action. This investigation Read More

How to Anticipate and Avoid Business Purchase Contract Litigation

By Donald W. Hudspeth | Published September 11, 2024 | Posted in breach of fiduciary duty, Business Law, Litigation | Tagged Tags: business, Fiduciary, litigation | Leave a comment

Business purchase contracts are often complex agreements involving significant financial stakes, multiple parties, and intricate terms. Despite the best efforts of all involved, these contracts can sometimes lead to disputes that escalate into litigation. Buyers and sellers should understand the common causes of action that arise from these disputes, the types of remedies that can Read More

What to Know About Nonprofit Organizations in Arizona

By Donald W. Hudspeth | Published September 4, 2024 | Posted in nonprofit organizations | Tagged Tags: Nonprofit, tax, Tax-exempt | Leave a comment

Nonprofit organizations in Arizona play a critical role in addressing societal needs, whether by promoting education, alleviating poverty, advancing the arts, or protecting the environment. These entities operate with a mission to benefit the public rather than generate profit for owners or shareholders. Nonprofits can take various forms, including charitable organizations, foundations, and educational institutions, Read More

Tips for Drafting and Negotiating Commercial Leases

By Donald W. Hudspeth | Published August 28, 2024 | Posted in Business Law | Tagged Tags: Landlord, Tenant, Tenant Rights | Leave a comment

Commercial leases differ significantly from residential leases in terms of complexity, terms and the nature of the transactions they govern. These leases are contracts between landlords and businesses for the rental of property to be used for commercial purposes, such as retail stores, offices or industrial spaces. Understanding the intricacies of commercial leases is important Read More

How Creditors Can Obtain Relief from Debtors’ Fraudulent Transfers

By Donald W. Hudspeth | Published August 21, 2024 | Posted in Business Law | Tagged Tags: Creditors, Debtor, Fraud | Leave a comment

Arizona law prohibits debtors from escaping their obligations by transferring assets to other people in order to frustrate a creditors ability to collect. In certain defined circumstances, a creditor can have a court set aside a transfer found to be fraudulent and can obtain related relief. Under Arizona’s Uniform Fraudulent Transfer Act (UFTA), creditors can Read More

Protecting Minority Shareholders from Oppression

By Donald W. Hudspeth | Published August 14, 2024 | Posted in Business Law | Tagged Tags: Audit, business, Shareholder Agreements | Leave a comment

Minority shareholder oppression refers to the unfair treatment of shareholders who do not have significant control over the company’s decision-making processes due to their smaller shareholding. This situation often arises when majority shareholders — those holding a controlling interest in the company — take actions that unfairly prejudice the rights or interests of minority shareholders. 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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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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