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Most business owners and executives, much like the general public, would prefer to stay out of the courtroom whenever possible. Sometimes, even those who would benefit from having a judge intervene on their behalf in a business dispute will put off taking a matter to...
There comes a time in every business partner’s career when they want to sell or leave. Their reasons may be because it is time to retire, or they are looking for a change or new challenges. Sometimes the issue is the partner – just as marriages end, so do business...
There is much discussion about the cost of buying a new home right now. Once bolstered by low-interest rates, property values went up. Those values have come down just a bit, but high-interest rates are driving up costs, so payments for the same loan are up to 80%...
Smart and savvy businesses weigh various factors before entering into agreements with others. Despite a vigorous vetting process between them, one may accuse the other of breach of contract and take it further by filing a lawsuit seeking damages. Still, the defendant...
When you’re starting a business with a partner, it’s critical that you choose the “right” person with whom to work. Not only do they need to have the qualities that will make your business stronger, but you need to know that they are someone you can trust. Choosing...
Shareholders have their reasons for investing in companies. Typically, they hope to make money, believe in the public company's products, and trust the corporate leadership to perform their duties. Buying ownership in the company also gains legal rights and...
Contracts are the lifeblood of all successful businesses. They may involve deliverables, costs, deadlines and other conditions. Indeed, companies use them to make other contractual commitments. This interconnectedness means that a single breach can lead to further...
If your business faces litigation, it can be frustrating, costly and time-consuming. In some cases, it can also be highly detrimental to the future of the business. For example, a dispute between business owners could mark the end of the company if they simply cannot...
President Joe Biden signed the Consolidated Appropriations Act of 2023. The 1.7 trillion spending bill covered much ground, including a policy rider to the Securities Exchange Act of 1934. This new exemption was drafted to better facilitate change of control...
The FTC recently made national news when it publicly proposed an end to nearly all non-compete agreements. These clauses are currently part of an estimated 30 million employment contracts (18% of the U.S. workforce). Advocates for businesses responded quickly and...