Every company's charter is slightly different, but publicly traded companies will typically have different ownership levels. For example, there likely are three classes of securities -- bondholders, preferred stockholders and common stockholders. While each has its...
Business Litigation
Four steps for addressing partnership disputes
Business partnerships are a lot like marriage. The initial phase is the honeymoon, then there are phases where things settle, and there may be a point where interpersonal problems challenge a once-successful arrangement. Sometimes the partnership encounters...
Tips for circumventing wrongful termination claims
Employers have a lot of leeway with at-will employment here in the Northeast. However, employees may not see it that way and accuse the company of wrongful termination. Using an abundance of caution, businesses can often protect themselves from such claims. What is...
Amazon favors litigation over arbitration
Many companies require clients, partners and employees to use arbitration to address disputes because it is quicker and costs less than litigation. It's a standard practice included in many business contracts for employment, transactions and services. But Amazon faces...
Gender-based pay gap remains
The Pew Research Center recently issued a study on gender pay in 2020. Researchers found that the pay gap remained at 84% of what men earn for similar work, much as it has for the last 15 years. The research looked at full- and part-time employees. This discrepancy...
Five common securities frauds
Individuals and businesses often turn to financial advisors to manage investments and financial matters. Ideally, this financial expert should help the client pursue lucrative business opportunities and identify those that too risky or simply inadvisable. Not all...
Is it good business to appeal a court decision?
Business litigation can be complex and expensive. It may also be doubly frustrating if the final decision is not satisfactory. Losing a court case can mean a substantial financial loss due to the court decision’s impact on the business with additional related...
How to deal with business litigation
Those who own a business long enough will likely find themselves facing potential business litigation. The reasons can be a vendor who does not honor a contract, a disagreement with a partner, a client who is unhappy with their services or products, or a dispute with...
What is a breach of fiduciary duty?
Fiduciary duty is the term for a relationship between individuals or entities. It defines the expectations of trust, confidence and reliance upon an entity who acts on behalf of a partner or client by exercising their expertise or discretion. A fiduciary must...
Three issues to consider when picking a business structure
Starting a new business is exciting, especially when you have the right business team and product. Nevertheless, it is also crucial to pick the business structure that gives you the best opportunity for success, whether it is a sole proprietorship, partnership,...