Sometimes contract disputes are fairly straightforward. One party fails to make a payment or doesn't complete work on a project by a specific deadline. The other party to the contract may want to impose certain penalties, especially if they negotiated clauses imposing...
Shareholder litigation is a complex area of corporate law, rooted in disputes between shareholders and the company's management or board of directors. These legal actions are typically filed to protect shareholder rights and interests or to address misconduct within a...
Recovering after a relatively minor employee theft may not be a big problem for a thriving company. Unfortunately, it is not as easy to recover after losing business property worth hundreds of thousands or millions to employee embezzlement or theft. You may trust the...
Injunctive relief is a court order prohibiting one party in a dispute from taking specific actions. The remedy is designed to prevent harm to another party and is available in many situations, including business disputes. The role of injunctive relief in a business...
Shareholders help to invest the funds that keep a business operational and profitable. Their contributions can help spur company growth and can play a major role in how the organization develops. Shareholders invest by purchasing company stock and then by potentially...
A breach of contract can be a frustrating and complex experience. You may be staring at substantial financial losses or massive inconveniences due to the breach. As such, it is prudent to mitigate your losses and protect your interests by taking appropriate action....
Wouldn’t it be nice to know when your business is about to face legal issues? Unfortunately, this is usually just a fantasy. However, if you know what to look for, you could successfully predict situations where someone is planning to file a lawsuit targeting your...
If you have been operating a business as a sole proprietorship for some time, chances are that your company has experienced success and growth over time. Your efforts may even be so fruitful that you’re wondering whether it makes sense to continue operating as a sole...
Don’t be surprised if your relationship with your business partner breaks down. Some reports suggest that almost 70% do so eventually. Yet, before you look for an exit strategy, try to take a step back and consider a few things: Are your differences insurmountable?...
When you enter into a contract with another individual or entity, you expect them to deliver as per the terms you both agreed and signed against. However, it does not always work out perfectly. The other party might not meet your expectations, and it could cause you...
