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business
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How Companies Can Restructure Proactively to Position for Growth

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

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Crafting Commercial Contracts to Reduce Operational Risk

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

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Earnouts Can Help Cement a Business Sale, But Beware of the Risks

Earnouts are pricing structures, often used in private business sales, by which part of the purchase price is deferred until after closing. It becomes payable only if the target business meets certain agreed-upon financial benchmarks or operational milestones during a specified period. Earnouts can be useful in overcoming obstacles to a business sale. However, they Read More

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What Foreign Companies Should Know About Doing Business in Arizona

Arizona is a welcoming venue for businesses, due to its lower corporate tax rates and comparative lack of restrictions. But like all states, Arizona has rules and procedures that pertain to foreign entities operating within its borders. Here’s what out-of-state companies need to know about registering and conducting business in Arizona. A company that is Read More

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Effective Use of Nondisclosure Agreements in Selling a Business

A nondisclosure agreement can play a vital role in the process of sale of a business. An NDA is a legally binding contract that establishes a confidential relationship between the seller and buyer, providing that any proprietary or sensitive information revealed during negotiations remains protected. Without an NDA, there is a risk this information could Read More

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Using the Universal Licensing Recognition Law to Set Up Shop in Arizona

Arizona’s Universal Licensing Recognition Law offers a streamlined process for out-of-state businesses looking to establish a presence in the Grand Canyon State. This law allows individuals who hold valid professional licenses from other states to leverage their out-of-state training to obtain a similar license in Arizona. As a result, an out-of-state business can immediately staff Read More

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Complying With the Corporate Transparency Act in Buying a Business

The Corporate Transparency Act (CTA), which took effect in 2024, represents a significant shift in the regulatory landscape for businesses in the United States. Its primary aim is to curb illicit activities by enhancing the transparency of business ownership. The requires beneficial owners of certain U.S. and foreign entities to file identifying information with the Read More

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How Business Torts Are Distinct from Other Commercial Disputes

A business tort is a wrongful act that causes a business to suffer financial loss or damage to its reputation. Unlike other commercial disputes, such as breaches of contract, business torts involve intentional acts or negligence. These torts typically arise in competitive business environments where one party’s actions interfere with another’s commercial interests.  The key Read More

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Special Legal Concerns Faced by Health Care Providers

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

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How to Anticipate and Avoid Business Purchase Contract Litigation

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

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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.

AWARDS
  • Preeminent AV Rated
    Client Distinction Award
    Bar Register
  • AV Rating
    The Arizona Republic
    Newsweek
  • Arizona Sate University
    Top Rated Lawyers
    Client Champion
  • McAfee Secure
    Lawyers Of Distinction
    2020 issue of AZ Business Leaders

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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