explained | Austin Short Film https://www.austinshortfilm.com sut and About in Austin TX Sat, 13 Mar 2021 20:11:09 +0000 en-US hourly 1 https://wordpress.org/?v=6.0.8 https://www.austinshortfilm.com/wp-content/uploads/2018/06/austin-short-films-65x65.png explained | Austin Short Film https://www.austinshortfilm.com 32 32 163542106 Austin, Texas Water Crisis Explained https://www.austinshortfilm.com/media/austin-texas-water-crisis-explained/ Wed, 03 Mar 2021 01:35:57 +0000 https://www.austinshortfilm.com/blog/austin-texas-water-crisis-explained/ ‘This crisis was largely caused by state officials who put profits over people’ — This Texas city council member is calling out lawmakers for failing to prepare for the state’s winter storms and subsequent power and water crises. » Subscribe to NowThis: http://go.nowth.is/News_Subscribe » Sign up for our newsletter KnowThis to get the biggest stories […]

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‘This crisis was largely caused by state officials who put profits over people’ — This Texas city council member is calling out lawmakers for failing to prepare for the state’s winter storms and subsequent power and water crises.
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Four quadrants of operant conditioning explained – dog trainer knowledge https://www.austinshortfilm.com/business/four-quadrants-of-operant-conditioning-explained-dog-trainer-knowledge/ Tue, 23 Feb 2021 17:27:41 +0000 https://www.austinshortfilm.com/blog/four-quadrants-of-operant-conditioning-explained-dog-trainer-knowledge/ The four quadrants of operant conditioning explained. Operant conditioning is something dog trainers alike should be aware of, but so should dog owners. Especially, if you plan on doing the training yourself. www.precisionk9work.com www.trainingforpuppy.com More info on Four quadrants of operant conditioning explained – dog trainer knowledge

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The four quadrants of operant conditioning explained. Operant conditioning is something dog trainers alike should be aware of, but so should dog owners. Especially, if you plan on doing the training yourself.

www.precisionk9work.com

www.trainingforpuppy.com

More info on Four quadrants of operant conditioning explained – dog trainer knowledge

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What is an Indemnification Clause? | Indemnity Explained https://www.austinshortfilm.com/tech/what-is-an-indemnification-clause-indemnity-explained/ Mon, 22 Oct 2018 22:16:29 +0000 https://www.austinshortfilm.com/blog/what-is-an-indemnification-clause-indemnity-explained/ #indemnification #corporatelaw #businesslaw http://cenkuslaw.com http://braatenwoods.com Indemnification clauses are common in commercial contracts. But, what are they? Put simply, an indemnification clause is a promise by one party to pay for the losses of another if the offending party causes the other harm. So, let’s say I’m selling your product and I want you, as the […]

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#indemnification #corporatelaw #businesslaw
http://cenkuslaw.com
http://braatenwoods.com

Indemnification clauses are common in commercial contracts. But, what are they?

Put simply, an indemnification clause is a promise by one party to pay for the losses of another if the offending party causes the other harm.

So, let’s say I’m selling your product and I want you, as the vendor, to indemnify me if a customer names me in a lawsuit (barring my own gross negligence or misrepresentation of the product to the customer). In this context, an indemnification clause makes it clear that you will be held accountable and take the responsibility should a third party sue me.

Indemnity brings in another concept called defense. Which means that not only are you held liable for damages in a potential lawsuit, but you also have to pay for the lawyer to defend me in said lawsuit and you would hold me harmless – meaning you won’t come after me for this issue.

Indemnification clauses are a more fulsome, clearer representation of a shifting of risk than relying on negligence or general breach of contract.

As always, watch the video and feel free to reach out with any questions. Leave a comment or contact me.

_____________________________________________

For a deeper dive into and other legal issues vital to the success of your deals and your business, visit me at:
http://www.cenkuslaw.com

Just starting up? Check this out for my advice on startup success: http://www.thestartupshepherd.com.

You can also reach me at:

https://www.linkedin.com/in/brettcenkus

http://www.cenkuslaw.com

_______________________________________________

About me:

My 20+ years of experience in business finance, business law and entrepreneurship have led me to believe that numbers and logic are awesome tools, but understanding human nature and emotions is the first step to business success.

The Cenkus Law Firm provides services related to mergers & acquisitions, general business issues and startups, including founders’ agreements and fundraising. I also consult with entrepreneurs and have invested my own capital as an angel investor.

From 2010-2013 I served as Chief Legal Counsel of a publicly-trade international oilfield services company. From 2001 to 2006 me and a partner founded and built Paragon Residential Mortgage. Paragon was sold to Bridge Investments in 2006.

I hold a Juris Doctorate from Harvard Law School and a Bachelor of Arts degree in Economics from Messiah College in Grantham, Pennsylvania.

Now, I live in Austin, TX with my wife and two kids. I enjoy reading, running, classic movies, great food and wine and some great American football.

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Indemnification in Mergers & Acquisitions Explained https://www.austinshortfilm.com/tech/indemnification-in-mergers-acquisitions-explained/ Sat, 13 Oct 2018 12:18:12 +0000 https://www.austinshortfilm.com/blog/indemnification-in-mergers-acquisitions-explained/ #mergersandacquisitions #corporatelaw #businesslaw http://cenkuslaw.com http://braatenwoods.com In the context of mergers and acquisitions, indemnity clauses encapsulate the extent of liability a seller will assume post-closing based on the representations and warranties they present to the buyer. So, it’s especially important that sellers of a business carefully consider several factors about the scope of indemnification and how […]

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#mergersandacquisitions #corporatelaw #businesslaw
http://cenkuslaw.com
http://braatenwoods.com

In the context of mergers and acquisitions, indemnity clauses encapsulate the extent of liability a seller will assume post-closing based on the representations and warranties they present to the buyer. So, it’s especially important that sellers of a business carefully consider several factors about the scope of indemnification and how those representations are conveyed to a buyer in the purchase agreement.

Fundamentally, indemnification is a guarantee of compensation for losses or damages incurred by the buyer of a business due to circumstances unforeseen at the time of closing. It’s a way to share risk between buyer and seller.

If you’re selling a business and take only a few nuggets of wisdom away from this video, my tips regarding indemnification are:
1. Maximize the deductible
2. Minimize your cap
3. Shorten the survivability of indemnity (to the extent that you can)
4. Carefully consider representations and warranties made to the buyer

Now, if you’re unclear on any of those four tips, watch the video! If you still have questions, feel free to reach out. Leave a comment or contact me.

_____________________________________________

For a deeper dive into and other legal issues vital to the success of your deals and your business, visit me at:
http://www.cenkuslaw.com

Just starting up? Check this out for my advice on startup success: http://www.thestartupshepherd.com.

You can also reach me at:

https://www.linkedin.com/in/brettcenkus

http://www.cenkuslaw.com

_______________________________________________

About me:

My 20+ years of experience in business finance, business law and entrepreneurship have led me to believe that numbers and logic are awesome tools, but understanding human nature and emotions is the first step to business success.

The Cenkus Law Firm provides services related to mergers & acquisitions, general business issues and startups, including founders’ agreements and fundraising. I also consult with entrepreneurs and have invested my own capital as an angel investor.

From 2010-2013 I served as Chief Legal Counsel of a publicly-trade international oilfield services company. From 2001 to 2006 me and a partner founded and built Paragon Residential Mortgage. Paragon was sold to Bridge Investments in 2006.

I hold a Juris Doctorate from Harvard Law School and a Bachelor of Arts degree in Economics from Messiah College in Grantham, Pennsylvania.

Now, I live in Austin, TX with my wife and two kids. I enjoy reading, running, classic movies, great food and wine and some great American football.

More info on Indemnification in Mergers & Acquisitions Explained

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Hyperloop Explained | The B1M https://www.austinshortfilm.com/tech/hyperloop-explained-the-b1m/ Mon, 16 Jul 2018 21:41:46 +0000 https://www.austinshortfilm.com/blog/hyperloop-explained-the-b1m/ Hyperloop represents the greatest leap in transport infrastructure for generations. Here we explain the concept that’s about to revolutionise our world. For more by The B1M subscribe now: http://ow.ly/GxW7y Learn more about Virgin Hyperloop One: https://hyperloop-one.com Learn more about Hyperloop Transportation Technologies (HTT): http://www.hyperloop.global 3 ways Elon Musk is disrupting construction: https://www.youtube.com/watch?v=la3nd-lS-_k Images and footage […]

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Hyperloop represents the greatest leap in transport infrastructure for generations. Here we explain the concept that’s about to revolutionise our world. For more by The B1M subscribe now: http://ow.ly/GxW7y

Learn more about Virgin Hyperloop One: https://hyperloop-one.com

Learn more about Hyperloop Transportation Technologies (HTT): http://www.hyperloop.global

3 ways Elon Musk is disrupting construction: https://www.youtube.com/watch?v=la3nd-lS-_k

Images and footage courtesy of Virgin Hyperloop One, Bjarke Ingels Group (BIG), Hyperloop Transportation Technologies (HTT), Dan Taylor, Tesla, FR-EE, Mexloop, SpaceX, Foster + Partners and DP World Cargospeed.

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The 10 Worst Cities In Texas Explained https://www.austinshortfilm.com/texas/the-10-worst-cities-in-texas-explained/ Sun, 08 Jul 2018 02:34:34 +0000 https://www.austinshortfilm.com/blog/the-10-worst-cities-in-texas-explained/ Where are the worst places to live in Texas? We did some number crunching to find out. More info on The 10 Worst Cities In Texas Explained

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Where are the worst places to live in Texas? We did some number crunching to find out.

More info on The 10 Worst Cities In Texas Explained

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