In this interview, we discuss a variety of topics with Hanwei Cheng, Senior Counsel at Adli Law Group, P.C. As a practicing attorney specializing in business litigation, transactions and real estate law, Mr. Cheng was named “Top Attorney” for Civil Litigation by Pasadena Magazine in 2012 and 2013. Here, he discusses a broad range of topics such as business purchases and sales, business appraisals and intellectual property law. Mr. Cheng also emphasizes and explains the importance of due diligence when buying or selling a business.
Key Points from our Conversation
Since lawsuits are matters of public record, a business’ legal history can be easily researched.
An entrepreneur should hire a specialized attorney.
Hiring an attorney to register a company’s trademarks, copyrights or patents can increase the businesses value without any increase in revenue.
A single lawsuit by a disgruntled employee could collapse an entire business.