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February 22, 2023

Premium Financing: An Inexpensive Means of Purchasing Life Insurance

By sfbbg
Resources

The ownership of life insurance is a much-needed component of business succession and personal financial plans. Life insurance needs vary from funding needed to purchase the ownership interest of a business partner upon...

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August 3, 2022

Scorched Earth Tactics Burn Both the Manufacturer and Its Legal Counsel

By sfbbg
Resources

“Effective sales reps are the lifeblood of this market.” U.S. District Judge R. Brooks Jackson was describing how medical implants manufacturers deploy sales reps with not only the character traits to develop...

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February 16, 2022

Classification of Manufacturers’ Representatives as Employees or Independent Contractors

By sfbbg
Resources

Some sales rep cases turn on persnickety contract language or ambiguous terms. Other rep cases involve arcane questions of law. Then there’s the case brought by sales rep Lindsie Williamson that worked its way up to the...

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November 8, 2021

Converting an LLC to an S Corp: What You Need to Know

By sfbbg
Resources

Many sales representative organizations, like other businesses, are structured as limited liability companies (“LLCs”). The preponderance of LLCs with more than one member are treated as partnerships for tax purposes....

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August 3, 2020

Hell Hath No Fury Like a Principal Scorned

By sfbbg
Resources

In the lengthy annals of sales rep-principal relationships ending badly, the shabby treatment Eliot Essagof received from his principal deserves exceedingly prominent mention. The business of Essagof and his Connecticut sales

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