A contract is the foundation of every valid business agreement. Effective arrangements create a solid foundation for a fruitful agreement between businesses, a business and its employees, a business and its vendors, a business and its clients, or with a third party....
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Firm News
Force majeure: an old idea for present-day issues
The pandemic has upended practically every part of the economy. For example, there are supply chain woes, staff turnover, shutdowns, business closings, business re-openings, economic downturns, and inflation. One or a combination of these factors makes it impossible...
The Fair Housing Act protects buyers and renters
The FHA is a federal law that protects buyers and renters from a wide range of discrimination. This law applies to a majority of houses, apartments and other forms of housing, but there are exceptions, including some owner-occupied buildings, religious organizations...
Tread carefully when employees have medical issues
It is common for employees to miss work because they are ill or injured. Usually, this involves some sick days or a workers' comp claim. However, there are also long-term health issues that make it more challenging to work. It can involve a standard shift or an...
These common seller mistakes that kill the sale of a business
The Harvard Business Review once said that 70%-90% of business acquisitions fail. There can be countless valid reasons for why the deals fall through, such as the buyer and the seller not seeing eye-to-eye on the price. However, it is often a matter of the seller not...
When is litigation worth it?
When you’re embroiled in a business dispute, you have a few options for reaching a resolution. The quickest path to putting an issue to bed is to offer a settlement. However, doing so will not enable you to tell your side of the story and require you to pay the costs...
The benefits of hiring outside general counsel
Running a business is like keeping several plates spinning at the same time. Numerous things continuously require your attention, not the least of which are various legal matters. For small to mid-sized businesses that may not have the resources to employ full-time,...
What Should I Expect When My Business Faces a Lawsuit?
A business owner may face a lawsuit during the course of their business due to disgruntled employees, unsatisfied customers, or competitors. Common business lawsuits involve partnership disputes, contract disputes, employment litigation, insurance coverage, and...
Balancing Majority and Minority Shareholder Rights
The health of a company can be jeopardized due to litigation between majority and minority shareholders. The shareholders holding most shares in the corporation are called majority shareholders while minority shareholders own less than 50 percent of the company’s...
Preliminary and Permanent Injunctions
A court may order a party to conduct a specific action or prohibit it through an injunction. An injunction is an equitable remedy. The party who requests an injunction must indicate that there are no other legal remedies available. Courts, when issuing injunctions,...