Business Law Professionals
Road to resolution: Understanding remedies for breach of contract
When parties sign a contract, they do so with high hopes and expectations, trusting that the agreement will be honored. However, there are instances when these expectations are shattered due to avoidable or unavoidable reasons, and a breach of contract occurs. In such...
Red flags to abandon a prospective acquisition
One of the signs that your business is growing and thriving is prospective acquisitions. When you decide that the time is right to pursue an acquisition, the due diligence process is important. Unfortunately, many business owners lose sight of the risk factors and red...
Can you revise your partnership agreement?
A partnership agreement is the heart and soul of any business entity with multiple owners. This legal document articulates the rights and obligations of each party, ownership terms, dispute management as well as what happens when one party wants out. However, a...
Signs your partner could be stealing from the business
Entering into a business partnership with another party can be a very exciting experience. If everything goes to plan, you can pool your resources, grow your portfolio, broaden your market reach and create wealth. But, like in any relationship, it is not uncommon for...
The role of your partnership agreement in resolving a dispute
When you go into business with one or more other individuals as partners, it is a good idea to draft a partnership agreement that will serve as the foundation of your professional relationship. This agreement can be a binding contract that keeps business running...
2 tips for avoiding shareholder disputes
Taking your business to the next level is a significant move that comes with several benefits, including more profits, reaching a new market and establishing your brand in the industry. Further, may attract the attention of prospective shareholders. When they purchase...
What makes a contract valid?
Sometimes when one party accuses another of breaching a contract, it ends up in court. The first thing a judge will do is to check the validity of the contract. If the contract is invalid for any reason, then there can be no breach. Here is what they will look for...
3 causes of disputes between employers and employees
Disputes can arise in a workplace between involved parties, including the employer and an employee. This is why contracts should have a conflict resolution clause. But what can cause conflict between an employer and an employee? Here are three common causes of...
Employment litigation as a result of discrimination
From cases involving wrongful termination and unfair trade secrets to non-compete agreements, unfair competition and sexual harassment, firms can end up in court for various reasons. Additionally, it is particularly important for business owners to take a careful look...
Should I create an LLC or a Corporation?
When deciding what business structure is best for your new business, liability is one of the most important aspects in making that decision. After making the decision to start your business, you should keep in mind that legal liability is when a person or company is...
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