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...
Forming a partnership is a smart way to split the responsibility of a business. Initially, it may seem like you and your partner agree about all important business factors and how to operate your new venture. However, as time passes, conflict can arise. To help...
Starting and running a business is typically an intense and all-encompassing experience. Sometimes it also involves calculated risks, including putting personal money into the endeavor. Ideally, it is best to keep personal and business assets separate, but sometimes...
Business disagreements arise from time to time. Often this involves a vendor or customer not fulfilling the terms of their agreement. The contract breach may involve a lack of services, payment, or not meeting the conditions outlined in the agreement. We talked about...
