I’ve had existing clients and prospective clients here in New Mexico ask me if they should register their business in Delaware because everyone knows Delaware is all the rage for business organization.
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When people talk about co-ops, short for cooperatives, they’re usually talking about
democratically governed businesses. But in New Mexico, a cooperative is a specific type of legal
structure and it may or may not be the best fit for businesses looking to share the wealth.
Employers have been using noncompete agreements to safeguard their secret sauce since the dawn of capitalism. Today, about 1 in 5 workers, or about 30 million employees, are subject to a noncompete agreement.
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If it wasn’t news enough that real estate brokers in NM are generally not agents with a fiduciary duty toward their clients, it may be even more shocking for buyers to hear that as of 2024, they are on the hook for their broker’s commission
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One of the first things I explained to her after reviewing all the documents, was that her “agent” was not her agent, he was a transaction broker.
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