national business news

Elon Musk is not the primary to stroll away from a deal. This is how comparable instances have ended.
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Elon Musk is not the primary to stroll away from a deal. This is how comparable instances have ended.

Corrections & Clarifications: An earlier model of this story misstated the 12 months Choose Leo Strine required the completion of Tyson’s stalled deal. The 12 months was 2001.

Elon Musk is not the primary govt to have purchaser’s regret.

The Tesla and SpaceX CEO instructed Twitter this month that he was backing out of a $44 billion takeover. Twitter, in flip, filed a lawsuit in opposition to Musk.

Although the personalities and cash hooked up make the deal considered one of a sort, there have been different takeover agreements by which one get together tries to stroll away. Most of

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by Ilyas•
Canada’s inflation rate now at 7.7% — its highest point since 1983
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Canada’s inflation rate now at 7.7% — its highest point since 1983

Canada’s inflation rate rose at its fastest pace in almost 40 years in the year up to May, as the price of just about everything continues to go up fast.

Statistics Canada reported Wednesday that an uptick in the price of gasoline was a major factor causing the overall inflation rate to hit 7.7 per cent. Gas prices rose by 12 per cent in the month of May alone, and are up by 48 per cent compared to where they were a year ago.

Food prices were also a major factor to the upside, with grocery bills increasing by 9.7

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by Ilyas•
Aretha Franklin’s Wills Dispute – Rickard & Associates
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Aretha Franklin’s Wills Dispute – Rickard & Associates

If you have been following the news, you may have seen that there is a dispute regarding Aretha Franklin’s estate plan. Her sons are in court fighting over her estate and multiple wills.

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Aretha Franklin died in 2018, and because she did not have a trust, she wills went through probate court where they are being disputed by her sons.

A Will from 2014 and two Wills from 2010 were

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by Ilyas•
New Baby? Time to Update Your Estate Plan
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New Baby? Time to Update Your Estate Plan

We often have clients ask us when the best time to do their estate plan is and the answer is usually, right now! This is especially true for people turning 18 years old, people who don’t have a plan, and people who have had recent life changes.

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One event that should trigger you to meet with an estate planning attorney is a new baby. When you are expanding your family,

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by Ilyas•
Why Shouldn’t I Use an Online Will?
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Why Shouldn’t I Use an Online Will?

Online will often do more harm than good. Many people look to the internet when preparing estate planning documents, like wills and trusts, but this can set you up for disaster.

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Online will often ‘one size fits all’ documents that don’t account for your particular situation. Sometimes, they don’t account for the current laws in your state.

These documents may not even be legitimate and can lead to issues and

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by Ilyas•
Can Your Practice Afford a Data Breach?
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Can Your Practice Afford a Data Breach?

Probably not.

A recent study found that the total average cost of a healthcare breach is $10.10 million.

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Can your healthcare practice afford a breach? Most healthcare entities cannot.

Since 2020, healthcare breach costs have risen by 42%.

As we know healthcare breaches are incessant, it is important to understand trends.

The trends that have emerged over the past few years are:

  1. Repeat attacks. Many healthcare entities have
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by Ilyas•
How Do I Get Out of My Non-Compete?
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How Do I Get Out of My Non-Compete?

In healthcare, there has been a large expansion in non-compete clauses. Many of our clients would like to find a way out of their non-compete clause when looking to leave their current employment.

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The first way to avoid breaching a non-compete clause is to have your attorney negotiate a contract without a non-compete clause before beginning your employment.

Sometimes, non-compete clauses are unavoidable. So what can you do in that

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What is a Medical Power of Attorney?
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What is a Medical Power of Attorney?

One document that we recommend for almost all of our estate planning clients is a Medical Durable Power of Attorney. This document allows you to select the person who will make medical decisions on your behalf, if you are incapacitated or unable to make them yourself.

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A Medical Durable Power of Attorney is an essential document, as no one can predict their incapacity.

This legal document allows you to list

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by Ilyas•