Alaska Business Attorneys
Commercial law controls all aspects of business, including marketing, transactions, collections, and business organization. Specific ordinances and legal principles unique to Alaska govern the application of law to businesses. In Alaska, Commercial law is complex, and it includes principles that are very different from those that apply to individuals.
The Law of Transactions in Alaska
In daily operating activities, a normal business buys and sells often. Some of these transactions are bound to pose problems. Contracts in Alaska often require legal action to enforce, whether the contracts are formed with consumers or other businesses. It is best to plan beforehand through contracts and purchase agreements. But for these documents to be of legal effect, they must be drafted according to Alaska law. Securities transactions and other investing activities on behalf of a company also implicate certain Alaska laws. Investing in the capital markets requires that a corporate entity comply with both Federal securities law and Alaska laws in this area.
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Business Organization and the Law
Particular laws in Alaska determine the options available to business owners in structuring and organizing their companies. Businesses organized as corporations have many advantages, but the company must follow Alaska law in order to incorporate. Considering the options carefully will ensure that the business is not exposed to tax liability that it could have otherwise avoided. Picking the appropriate business structure for a company can be a challenging task. Attorneys versed in local Alaska business law can be a valuable resource for counsel for the unique circumstances of your business.
Alaska is the 49th state to join the Union, having joined the union on January 3, 1959. Alaska's state nickname is "the Last Frontier". The region was obtained by the U.S. from Russia in the year 1867, in what is known as the "Alaska Purchase".
Today, Alaska retains much of its original character of "the great outdoors". Many of the state's laws and court cases deal with legal issues that aren't found anywhere else in the United States. For example, in Frank v. Alaska (1979), the Alaska Supreme Court protected the interests of groups that were hunting for religious reasons. Another case, Alaska v. Arctic Maid (1961), dealt with the commercial transport of salmon. Thus, a large portion of Alaskan laws involve the protection of the abundant natural resources in the area.
Unlike most other states, the Alaska Supreme Court does not meet in only one location. Most state Supreme Court cases are heard every month in Anchorage. However, on occasion the Supreme Court meets in other places like Juneau, Fairbanks, and other Alaskan communities. This unique feature of the Alaska Supreme Court allows legal issues to be tried in various places. This can be very helpful, since Alaska has the largest geographic area of all the 50 states.
Lawyers in Alaska provide assistance in all kinds of legal fields. Most Alaska lawyers file claims in the state's trial courts, advancing through the appeal system as needed. Attorneys are available in Alaska to help the community with their legal needs.