In light of new Chicago mayor Rahm Emanuel's urgent need to tackle the city's budget deficit, Marc Lane looks at some of the benefits and perils of privatizing city enterprises. He notes how missteps can be made, but also highlights benefits...
Tammi Franke has drafted a lot of agreements between business parties, and has seen many agreements in which one party promises to use "commercially reasonable efforts" or "best efforts" or other similarly difficult-to-define terms. In this...
New York City has set a goal for its agencies to assign varying percentages of their contracts to M/WBE certified businesses. M/WBE is available to a business, in short, if they are either minority- or woman-owned. In this blog post,...
Businesses that qualify as minority-owned or woman-owned may be able to secure financing and contracts that they would not otherwise be able to access. Elizabeth Lewis responds to the question whether a business owner can give majority ownership to...