Category Archive

Business Law

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How Companies Can Restructure Proactively to Position for Growth

Name: Law Offices of Donald W. Hudspeth P.C.
Address: 3200 North Central AvenueSuite 2500, Phoenix, AZ, 85012
Telephone: (602) 265-7997
Price range: Call for Consultation

By Donald W. Hudspeth | Published February 11, 2026 | Posted in Business Law | Tagged Tags: business, restructuring, startups | Leave a comment

Proactive restructuring means strategically redesigning a company’s organization, processes and agreements: not as a response to crisis, but as an investment in future potential. As companies scale up — adding more people, products and markets — they naturally encounter more complexity. Without foresight, this complexity can threaten hard-won momentum. As startups mature, their informal, adaptable Read More

Hidden Traps in Commercial Leases: What Tenants Often Overlook

By Donald W. Hudspeth | Published January 28, 2026 | Posted in Business Law | Tagged Tags: commercial leases, estate, tenants | Leave a comment

Commercial leases may seem straightforward at first glance, but they contain obligations and risks that can significantly affect a tenant’s operations and financial stability. These agreements can be heavily tilted in the landlord’s favor unless tenants know what to look for. Understanding the hidden traps before signing can prevent costly surprises down the road. Here Read More

Crafting Commercial Contracts to Reduce Operational Risk

By Donald W. Hudspeth | Published January 21, 2026 | Posted in Business Law | Tagged Tags: business, commercial contracts, risk management | Leave a comment

In commercial relationships, there is the possibility of loss resulting from inadequate or failed internal processes or external events. The structure of a contract — that is, how its provisions are organized and made operational — can play a central role in lessening disruptions. A poorly structured contract can lead to scope creep, missed obligations Read More

LLC Operating Agreements 101: Don’t Use a Standard Online Template

By Donald W. Hudspeth | Published January 14, 2026 | Posted in Business Law | Tagged Tags: compensation, Contributions, provisions | Leave a comment

In the age of instant access, online “standard template” LLC operating agreements lure new business owners with vaunted speed, simplicity and low cost. But this convenience is an illusion. Limited liability companies are adaptable to the specific needs of their owners. No two LLCs are exactly alike. Relying on a generic template assumes facts and Read More

Force Majeure in the Modern Era: What Is an “Unforeseeable Event”?

By Donald W. Hudspeth | Published January 7, 2026 | Posted in Business Law | Tagged Tags: business contracts, drafting, foreseeability | Leave a comment

The “force majeure” clause has long lingered in the shadows of business contracts, being viewed as routine legal boilerplate. But in the face of disruptions like the Red Sea shipping crisis and the sweeping 2020 lockdowns and business failures, these paragraphs have leapt to center stage. In an era some have called “permacrisis” — a Read More

Is Your Business Sale-Ready? A Pre-Due-Diligence Checklist

By Donald W. Hudspeth | Published December 31, 2025 | Posted in Business Law | Tagged Tags: contracts, financials, Intellectual Property | Leave a comment

Most business owners focus on valuation only when they think about selling. But in practice, deals fall apart not because of price, but because of what buyers uncover during due diligence. Surprises slow negotiations, reduce leverage and can even kill a transaction. Preparing early — ideally 12 to 24 months before going to market — Read More

What You Should Know About Arizona’s Commercial Court

By Donald W. Hudspeth | Published December 24, 2025 | Posted in Business Law | Tagged Tags: commercial, disputes, litigation | Leave a comment

Several U.S. states have established specialized business courts to resolve complex commercial disputes efficiently and cost-effectively. In Arizona, the state’s business court is a dedicated division of the Maricopa County Superior Court in Phoenix. The Commercial Court is designed to handle high-stakes disputes between businesses. It is staffed by three judges with backgrounds in commercial Read More

Why a Business Seller Should Have a Lawyer Review the Letter of Intent

By Donald W. Hudspeth | Published December 3, 2025 | Posted in Business Law | Tagged Tags: diligence, investment, seller | Leave a comment

A letter of intent (“LOI”) is a critical document in the process of selling a business. It outlines the key terms and conditions to be negotiated. This is meant to ensure the buyer and seller are aligned on major points before making the more substantial investment required as the transaction progresses. Because the LOI lays Read More

Corporate Liability in the Age of Generative AI

By Donald W. Hudspeth | Published November 26, 2025 | Posted in Business Law | Tagged Tags: Artificial intelligence, contracts, liability | Leave a comment

Artificial intelligence can now create new content based on patterns it has learned from large datasets, generating original outputs that resemble human-created work. In the business context, can draft contracts, create ads and even recommend business strategies. But when generative AI gets it wrong, who pays the price? Generative AI is a powerful tool, but Read More

Best Practices for Asset Protection in a Single-Member LLC

By Donald W. Hudspeth | Published November 19, 2025 | Posted in Business Law | Tagged Tags: asset, LLC, protection | Leave a comment

A single-member limited liability company (SMLLC) is a popular choice for solo entrepreneurs. In an SMLLC, there is only one owner (member) who controls the entire business. One of the main attractions is asset protection. In theory, the personal assets of the member are shielded from the debts and lawsuits of the business. However, the 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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