When companies go through a split, it can cause many complicated problems. One of these issues is when a professional partner or employee takes company property without permission to avoid paying debts or gain more power over the business. These actions, called...
Business Law Professionals
Business & Commercial Law
Long-term impacts of business divorce on brand and reputation
When businesses part ways, the split often affects more than just the internal operations; it can also leave a lasting mark on the brand and reputation of the involved entities. Understanding these impacts can help businesses navigate the complexities of a separation...
What is a business divorce?
Divorce is a difficult subject to talk about many people believe is only spoken about when couples seek to break away from a marriage. It can be surprising to some that marriage and business relationships are very similar. A business divorce is the separation of...
3 tips for effective contracts with influencers
Social media “influencer” marketing has become a mainstream part of many business strategies these days, helping brands better connect with their target audiences through content that engages, educates and entertains. You can’t successfully collaborate with an...
Signs your business partner is stealing from the company
Business partnerships are founded on trust, but unfortunately, there can be instances where one partner may engage in dishonest practices, including stealing from the business. Identifying signs of such malfeasance is crucial for the health and survival of the...
Things to look for in a business purchase contract
Buying a business is a major financial decision that requires careful examination of all legal documents involved in the sale. The purchase contract is an important element to consider because it defines many of the key aspects of the deal. When reviewing a business...
How to buy out a business partner
When it comes to business partnerships, there may come a time when you find yourself contemplating a buyout. Whether due to strategic differences, financial considerations or a change in priorities, executing a successful buyout requires meticulous planning and...
What happens when a business partner wants out?
A shift in goals, priorities, personal circumstances or even irreparable differences can lead to a partner wanting out of the partnership. While their exit does not necessarily mean closing up shop, handling the situation with clarity and care can help ensure a smooth...
4 common causes of partnership agreement disputes
Business partnerships can expand your company’s access to greater opportunities with a wider range of skills. However, they also come with some challenges. When the partnership agreement leaves room for interpretation, it puts both of you at risk of misunderstandings....
There’s more than one type of contract breach
People talk about contract breaches without always realizing that you can define them in more than one way. First, it depends on whether the breach has actually occurred yet. Anticipatory breaches are where one party lets the other party know ahead of time that they...