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Benefits of a Limited Liability Partnership and How to Form One

A limited liability partnership LLP is a structure where each partner’s personal liability for the debts or obligations of the business is limited. Unlike in a general partnership, where partners can be held personally liable for the actions of other partners or business debts, an LLP shields individual partners from such exposure. LLPs are especially Read More

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What Are the Essential Components of Service Contracts?

Service contracts are vital in nearly every industry. They manage a business’s relationships with vendors, consultants, freelancers, marketing agencies, IT providers and other external providers. These contracts set expectations, reduce risk and provide for legal remedies if disputes arise. Unlike sales contracts, service contracts are generally not governed by the Uniform Commercial Code. The substance Read More

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How to Dissolve a Limited Liability Company (LLC) in Arizona

Terminating a limited liability company (LLC) in Arizona can be a straightforward process or can be fraught with hazards. Ensuring compliance with state law and the LLC operating agreement is critical for a smooth and clean closure.  Here are the key steps you should take to dissolve an LLC in Arizona, along with important considerations Read More

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What to Do if Think Your Business Partner Is Violating Your Agreement

When a business partner appears to be in breach of your partnership agreement, the situation may feel both urgent and complex. Knowing your legal options and the best paths for resolution is essential to protect the business’s interests and your own rights. While each case is unique, several key principles and steps generally apply. Breach Read More

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What Goes Into an Effective Corporate Founders’ Agreement?

A pre-incorporation founders’ agreement is a contract between co-owners of a new business venture, typically entered into before a company is formally incorporated or registered. The agreement sets out the mutual rights, obligations and expectations of the founders, aiming to prevent disputes and establish a solid framework for collaboration and growth. A founders’ agreement is Read More

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FTC Ban on Noncompete Agreements Is Now Officially Dead

On September 5, 2025, the Federal Trade Commission (FTC) dropped its appeals of court rulings that had invalidated its nationwide ban on noncompete agreements in employment contracts. This action has important implications for employers, employees and the broader labor market, essentially returning regulation of noncompetes to state law. The FTC rule, announced in 2024, purported Read More

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Liabilities That May Lurk in Poorly Drawn Asset Purchase Contracts

In business mergers and acquisitions, particularly in the context of asset purchases, the general legal rule is that the buyer does not assume the seller’s existing liabilities. This principle is fundamental to asset sales, distinguishing them from mergers or stock purchases, where the buyer typically steps into the shoes of the seller, including all liabilities.  Read More

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Why Your Website Needs a Strong Terms of Service Agreement

A terms of service (TOS) agreement is an online document that outlines the rules, responsibilities, and guidelines for users accessing and using a website. It establishes a contractual relationship between the website owner and its visitors or users. If you are conducting e-commerce, a TOS is critical in setting clear expectations, minimizing liability and protecting Read More

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Making Sure Independent Contractors Are Not Employees in Disguise

Engaging independent contractors rather than hiring traditional employees can offer significant benefits, ranging from increased flexibility to cost savings. But the arrangement is not without risks, particularly regarding compliance with wage-and-hour laws and other regulations.  Among the advantages of independent contractors for a business are these:  They can be engaged for specific projects — This Read More

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The Essential Components of Affiliate Marketing Agreements

An affiliate agreement is a legal contract that outlines the terms under which one business promotes another’s products or services, typically in exchange for a commission on sales or leads generated. Companies use affiliate agreements to expand their sales reach and tap into new audiences. Amazon’s Associates Program is one of the largest affiliate programs Read More

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Donald W. Hudspeth Attorney Photo
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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