Posts by Nate Riordan
Nate Riordan Seller’s Counsel for 35 Unit Burger King Sale
West Coast Franchise Law is proud to have acted as seller’s counsel in a 35 unit Burger King franchise sale in December: “West Coast Franchise Law has represented our company for several years now, helping us with leasing and development. They did a great job helping us grow and when it came time to sell…
Read MoreNate Riordan Seller’s Counsel for 7 Unit Taco Bell Sale
West Coast Franchise Law is proud to have acted as seller’s counsel in a 7 unit Taco Bell franchise sale in December: “We hired West Coast Franchise Law to represent us with the sale of all 7 of our Taco Bell restaurants in Texas, which including leasing some of the properties we owned to the…
Read MoreNate Riordan Buyer’s Counsel for 3 Unit Taco Bell Sale
West Coast Franchise Law is proud to have acted as buyer’s counsel in a 3 unit Taco Bell franchise sale in Washington State: “Our multi-generational family-owned business has grown a lot in the last 8 years to over 150 stores, and West Coast Franchise Law has been a big part of that growth. They help…
Read MorePandemic Restrictions Transform Small Business Profits and Survival
As the pandemic restrictions press into its eighth month, small businesses are feeling the squeeze the most. There has been a 22% reduction in business activity nationwide (NBER), that’s 3.3 million inactive American business, some of which have closed permanently due to COVID-19 restrictions and the economic fallout that followed. And according to estimates from…
Read MorePandemic Restrictions May Provide An Exit From Contract Obligations
In what is probably an unprecedented decision, the United States Bankruptcy Court for the Northern District of Illinois has ruled that governmental shutdowns and restrictions imposed to curb the spread of COVID-19 could be considered a Force Majeure event and give a business a valid reason to exit from contract obligations during the pandemic. On…
Read MoreTips To Renegotiate Your Lease Due to COVID
Rent Relief: How To Renegotiate Your Business Rent During the Pandemic If you are a retail business, there is perhaps nothing more critical for reopening or continuing operations than your lease. During this time of quarantine and reopening, both landlords and tenants have been casting about trying to find solutions. No one really knows what…
Read MorePPP Loan Forgiveness Expands
PPP Borrowers Get More Time and Flexibility On June 5, 2020 the Paycheck Protection Program Flexibility Act of 2020 (H.R. 7010) was signed into law. H.R. 7010 will loosen the restrictions on Paycheck Protection Program (PPP) loan forgiveness and give borrowers more freedom to use funding for expenses other than payroll. Here’s what you need…
Read MoreBest Practices For Reopening Your Business Post-Quarantine
The U.S. has bled millions of dollars in business since COVID-19 shuttered millions of businesses and forced consumers indoors. But now that many states are slowly reopening their economies, you need to understand the best way to move forward to ensure the safety of your workers and customers. Here’s what you need to know. Understand…
Read MoreNate Riordan Named 2020 Seattle Super Lawyer
Franchise and business law attorney Nate Riordan was named a 2020 Seattle Super Lawyer, an honor bestowed on only 5% of the lawyers in Washington each year. This is the 2nd year in a row Nate has been named a Seattle Super Lawyer for his outstanding work in bankruptcy law. Super Lawyers® selects attorneys using a…
Read MoreStress Management Tips for Small Business Owners During a Pandemic
We are one month deep into the COVID-19 pandemic and many businesses are feeling the strain of mandatory closures, reduced foot traffic and the prospect of a recession if we’re unable to stem the financial bleed. All these factors can create an underlying and unrelenting amount of stress. But as some business owners know, stress…
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