Partnerships are usually based on partners being able to use their independent strengths to help build and grow a company together. While independent thinking and different abilities are beneficial, they can sometimes lead to disputes. Disputes between partners can...
Business Litigation
What constitutes an anticipatory breach of contract?
Most major contract disputes arise after some kind of overt violation of agreement terms occurs. One party doesn't deliver goods as promised or clearly fails to meet the standards outlined in an agreement. The other party seeks relief by taking the matter to civil...
How specific performance can resolve contract disputes
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...
The most common reasons shareholders pursue litigation
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...
Can you sue for employee theft if they were convicted in court?
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 and its value in a business dispute
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...
What do businesses owe their shareholders?
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...
The road to resolution: Steps to take after a breach of contract
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....
Can you predict business litigation? Signs to watch for
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...
How altering your business structure could impact litigation
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...