Red Mountain Law’s Birmingham Business Law Blog

Trends, information, and comments on items pertinent to Birmingham, Ala., business and the law. (Generally,if it is relevant to two out of the three, we post.)

Author: Red Mountain Law is an alliance of small Birmingham, Ala., law firms who work together to provide businesses and business owners a network of lawyers. Participating firms: Goodrich Law, Cunningham Firm, Hahn Law Firm and DeWayne Pope.

Blawg Related Categories: States • Alabama • Solo / Small Firm • Business Law

Recent Posts from Red Mountain Law’s Birmingham Business Law Blog

Alternative Investments
With decline of the stock market, investors are turning from the stock market to alternative investments. These alternative investments range from the widely known – hedge funds and promissory notes – to little known niches…
Judicial Dissolution as Your Last Resort
Push is coming to shove more and more often within our small to medium-sized business clients in this tough economic environment. As a result, we hear the dirty words “judicial dissolution” thrown around often and…
Arbitration Pitfall
A recent decision by the Alabama Supreme Court should raise concern among members of the business community who for years have reflexively favored arbitration over the judiciary as a method for resolving disputes. In a…
Barbie v. Bratz: Employers Beware of Employee Contracts with Previous Employers
On August 26, 2008, a federal jury awarded toy giant Mattel a $100 million dollar verdict in their copyright infringement lawsuit against MGA Entertainment, Inc. The case centered around MGA’s Bratz dolls, which are highly…
Small Business Administration – Political Heads Up
Although we have not heard much about the SBA this political season, I am expecting to hear more about it in the coming months. First, I am anticipating at some point a discussion about the…
Credit Markets Issues Affect Small Business
Everyone is talking about the credit market, the turmoil on Wall Street and the issues surrounding the banking industry, and the ever present question is– How does this affect me?For the entrepreneur, this question is…
Lawyers, Litigation and Recession: Thoughts for Small Businesses
In business circles, the common question these days is “How is the economy affecting your business?” For each person and business, the answer varies. The legal profession is no exception. Ask most lawyers about the…
Corporate Name Change Due to Expansion
As reported in The Birmingham News on August 13, 2008, the owners of Bonedaddy’s, a barbecue restaurant in the Birmingham area, are changing the company name to Sweet Bones Alabama. The restaurant wishes to expand…
Minimum Wage Increase Effective July 24, 2008
Effective July 24, 2008, the federal minimum wage for covered nonexempt employees increases to $6.55 per hour. This is the second of three stepped increases provided for in the Fair Minimum Wage Act of 2007.…
“Do Nothing” Legislature Manages to Accomplish Something
The Alabama Legislature adjourned its regular session on Monday, May 19, 2008 without passing much of the important legislation that came before it—including the education budget. This lack of productivity matches that of last year’s…