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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...
You’d never thought the moment would come, but now you find yourself thinking about suing your partner. Taking legal action can help solve the disputes you have with them, and sometimes it is necessary to do so. However, suing your partner is not a decision you can...
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,...
Life as an entrepreneur can be simultaneously nerve-wracking and exciting. You have your future in your hands, and bosses and hierarchies do not hold you back. On the other hand, when something threatens your business, it can be devastating professionally and...
There is an assumption that partners will share the responsibility, risks and rewards when they go into business together. Depending on the size of the company and the number of partners, the impact of a partner walking out can range from inconvenient to devastating....
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...
Business owners draft partnership agreements, employment contracts and a host of other agreements and documents. Ideally, they initially were drafted using binding language that makes them enforceable. Over time, the relationships outlined in the contract may evolve,...
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...
Buying and selling commercial and residential real estate are often large, complicated and expensive transactions. With all that's at stake, the seller and buyer will want to be sure that it is the right deal. No one wants buyer's or seller's remorse. Fortunately,...