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Our Office Has Moved!

Caulkins & Bruce, PC is pleased to announce that our practice has moved to a new office building – 2311 Wilson Blvd., Suite 625, Arlington, Virginia 22201. Our telephone, fax, and email contact information will remain the same. We will continue to provide the high caliber legal services that our clients expect from our new Read More

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Should I Franchise My Business?

Franchises have become part of our everyday experience. We eat at franchise restaurants, shop at franchise clothing and home goods stores and sleep at franchise hotels. Franchising as a business concept developed and became popular in fast food and retail sales businesses. But over the last 20 years franchising has expanded to businesses offering all Read More

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How Much Can a Franchisee Expect to Earn – New Disclosure Guidelines for Franchisors

Almost everyone considering purchasing a franchise business wants to know how much he or she can expect to earn. Federal and state franchise laws and regulations restrict the type and extent of financial performance representations franchisors can make to prospective franchisees. The restrictions are intended to protect prospective franchisees from pie in the sky promises Read More

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CAULKINS & BRUCE VOLUNTEERS FOR LOCAL COMMUNITY

On April 25, 2017, Caulkins & Bruce’s Scott Caulkins and Nick Erickson gave back to the Arlington community as participants in Volunteer Arlington Day, an annual event organized by the Arlington Chamber of Commerce. Caulkins & Bruce worked together with representatives of Clarendon Animal Care to help to clean and organize classrooms at Arlington Arts Read More

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TEN THINGS YOU SHOULD KNOW WHEN BUYING AN EXISTING FRANCHISE BUSINESS

The typical path to becoming a franchisee is to sign a franchise agreement with a franchisor and open up a new franchise location. In a new, start-up franchise system, this is likely to be the only path to becoming a franchisee. But in an established franchise system with many existing franchisees, you may have an Read More

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Those Are Corporate Assets – You Can’t Seize Those to Pay My Personal Debt – Or Can You? – Piercing the Corporate Veil in Reverse

By Susan J. King, Esq. Traditionally, corporations and limited liability companies are treated as legal entities that are separate from their officers and equity holders, and the debts of the company are not debts of the owner and vice versa. The courts have, however, held owners personally liable for debts of the entity where the Read More

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Equity Crowdfunding: It is Finally Available for Small Capital Raises

By Susan J. King, Esq. The long awaited rules from the U.S. Securities and Exchange Commission on equity crowdfunding for small businesses finally took effect on May 16, 2016. Most non-public U.S. companies can use the new rules to raise up to $1 million in a 12 month period. The amount that any single investor Read More

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Avoiding and Challenging a Default Judgment in Virginia

If you learn that a default judgment has been entered against you or your business as a defendant in a lawsuit, it is important to seek legal advice immediately. How quickly you act can have a tremendous impact on your ability to overcome a default judgment. How to Avoid a Default Judgment Although there are Read More

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Frequently Asked Questions about Franchising

By R. Scott Caulkins What is a franchise, and how does a franchise work? A franchise is a business relationship that is created so that goods and services can be distributed by way of a proven business model. Federal and state laws vary in the way the word “franchise” is defined, but generally a franchise Read More

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Withholding Rent for an Unsafe or Unhealthy Property in Virginia

Under Virginia law, a Landlord has an obligation to maintain a residential rental property in a habitable and sanitary condition, regardless of any language in the residential lease shifting maintenance responsibilities to the Tenant. It is generally true that a Tenant cannot unilaterally withhold rent in Virginia because of unsafe of unhealthy property conditions unless Read More

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