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4th Circuit Rules on Credit Union Liability in Fraud Cases
On March 26, 2025, the United States Court of Appeals for the Fourth Circuit issued an opinion in Studco Building Systems, US v. 1st Advantage Federal Credit Union. The opinion stated that, under Article 4A of the Uniform Commercial Code,…
Starting a New Business in Arkansas
Starting a business is a lot like having a child. You’re there when it enters the world; you help it grow through the years, and taking care of it is one of the hardest things you will do. The early…
What to Do if Your Business Gets Sued in Arkansas
You are an Arkansas business owner and just got served with a lawsuit – now what? Lawsuits are a real possibility for all businesses, even if you do everything by the book: contracts are disputed, employees feel wrongfully terminated, and…
The Hidden Risks of Using a DIY Legal Service to Form Your Business
Starting a business can be an exciting time. You’ve got a brilliant idea, the “go get ‘em” attitude, and maybe have even picked out the perfect name. And now for the not so exciting part, the legal paperwork. Where do…
The Corporate Transparency Act Reinstated
This blog revisits a blog post published by The Law Group of Northwest Arkansas on February 22, 2024. The Corporate Transparency Act (CTA), which initially required non-exempt businesses to report their beneficial owners to the Financial Crimes Enforcement Network (FinCEN)…
What Business Owners Should Know about Intellectual Property
As a business owner, you’ve spent a lot of time and resources on the ideas, innovations, and branding that bring your business to life. These creative works are assets that deserve protection. In today’s competitive marketplace, safeguarding your intellectual property…
Revisiting the CFPB’s Final Rule to Implement Section 1071 of The Dodd-Frank Act: How It Could Change Small Business Lending and Reporting – Part II
Due to an injunction imposed by the United States District Court for the Southern District of Texas, nationwide enforcement of the Final Rule to implement Section 1071 of the Dodd-Frank Act was dependent on the outcome of a case pending…
Federal Court Blocks FTC Final Rule on Non-Compete Clauses
This blog revisits a blog post published by The Law Group of Northwest Arkansas on July 11, 2024. Earlier this year, the Federal Trade Commission (FTC) voted to finalize a new rule to prohibit employers from enforcing non-compete agreements against…
Your Options for Settling Disputes with Business Partners
Disputes between business partners can disrupt operations and tarnish relationships. Whether it’s a difference in vision, financial concerns, or operational roadblocks, these conflicts can threaten the very foundation of your company. When these rifts arise, you must address them quickly…
Breach of Contract: What Business Owners Need to Know
Understanding exactly what a breach of contract involves is paramount for business owners. Contracts form the backbone of business operations, outlining obligations and expectations of the parties. When a breach occurs, it can disrupt your business, potentially causing significant financial…