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Owners have a long list of concerns, particularly in the current economic climate. While keeping the lights on (literally or metaphorically) and paying employees are at the top of the list, it is a mistake to ignore or not prioritize potential lawsuits regardless of...
Each company's charter is different, but publicly traded ones will typically have different levels of ownership. This often means that there are three classes of securities: bondholders, preferred stockholders and common stockholders. Each has its advantages, but...
Many businesses or individuals are advised to avoid litigation when resolving a conflict. The reasons include the supposed cost of litigating, waiting for a court date, the risk of losing, and even the distraction of going to court. While these may be valid points,...
A non-disclosure agreement (NDA), also known as confidentiality agreements, help better ensure the protection of business interests like intellectual property (IP), client information and strategic plans. They are often part of employment agreements. Whether a...
The advantage of having trade secrets is that competitors or the public do not know them. It is generally the company's belief that this information gives it an edge, and so it is in its best interest to ensure that this sensitive information does not fall into the...
A business partnership is like a professional marriage. Two or more partners come together to launch a new business, and there is often a great sense of optimism. Over time, however, the relationship can become strained as partners disagree on the direction of the...
When you come to significant, high-stakes litigation on complex business issues, preparation alone can take years before the trial even gets underway. That can be intimidating, but it helps to understand exactly why. Proper preparation is painstaking In matters...
It is a fact of life that some businesses perform better than others. While it is good to be the top brand with the accompany fiscal success, less successful business owners may feel like they cannot get a break or the competition inexplicably always seems one step...
It’s an unfortunate fact of running a business that you will inevitably have disputes with your business partners. This is true whether you run a small start-up or a large company grossing millions of dollars a year. When these partnership disputes escalate to the...
Entrepreneurs looking to start a business can take steps to mitigate the risks of problems in the future. These steps should include taking the time to review some of the more common mistakes so that you can help your business avoid falling victim to the same issues....