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Facing business litigation can be daunting, regardless of whether you are the plaintiff or defendant. Still, how a business handles a dispute and prepares for litigation can factor into the outcome of their case. Below are some do’s and don’ts businesses can employ...
Disputes among business shareholders may be unavoidable. These disagreements happen for various reasons, such as profit distribution, company direction or management decisions. A fair and reasonable solution should be the desired outcome, but it can take a lot of...
Family businesses are a prime example of how a family can come together and collaborate to achieve success. When each family member is working toward a common goal, the possibilities are endless. As the founder of the business, you may want to ensure its continued...
Family businesses create unique dynamics where loved ones work alongside each other. Parents look forward to their kids working beside them and eventually replace them when they retire. Many relatives thrive in corporate environments, while others struggle with the...
Entrepreneurs tend to think of themselves as outside-the-box or creative thinkers. This thinking can translate into a fresh approach to an established market, creating a new demand for a product, or innovating in some other way. Any business can have legal issues or...
For most entrepreneurs, the goal of starting a business is to become their own bosses and to increase their overall income. However, starting a business is expensive and risky. Aspiring business owners may have an excellent idea but may take questionable steps in the...
Contractors provide a wide range of services to property owners. Few construction projects are completed without some hiccups, but there are times when the owners unhappy with the work will file a lawsuit, perhaps using a construction defect claim. While not every...
Businesses are often built upon a foundation of strong contract agreements with partners outside the company, such as suppliers and vendors. Perhaps the supplier is hard to work with, but they offer quality hard to find products necessary for running a business....
The decision to combine two businesses can be beneficial to both organizations. Mergers can increase the overall market share of an organization and expand its pool of intellectual property and talent. However, the process of navigating a merger with another business...
Contingencies are a standard part of any valid contract, and ones involving commercial real estate transactions are no different. They address concerns over unnecessary risks and provide peace of mind if the buyer or seller spots a red flag that is either a...