When a business dispute arises, you might wonder if you should head to court or try another method. Two common paths are litigation and arbitration. While both aim to resolve a conflict, they work very differently. Understanding these differences helps you make an...
Business law
Legal remedies for shareholder disputes
Shareholders are individuals or entities that own shares in a company. These shares give them certain rights, such as voting on company matters and receiving a share of the profits. While shareholders often work toward a common goal, disagreements can arise over how...
Is a business owner responsible for the company’s debts?
Businesses often take out loans or take on debt. A company may need startup cash just to get off the ground, for example. In another case, a company may have an order for a shipment of products, but they have to purchase the parts and materials to manufacture those...
ADA lawsuits are on the rise: Is your business prepared?
If you’re a business owner, you’ve probably heard about the Americans with Disabilities Act (ADA). This is the law that ensures equal access for people with disabilities. While its purpose is clear, its application can be complex, and ADA-related lawsuits are on the...
Common examples of corporate due diligence
Corporate due diligence involves assessing legal risks within a company. It helps business leaders make informed decisions and avoid potential legal pitfalls. There are several areas to cover to ensure full compliance. Here are three of the most common examples of...
The importance of due diligence when acquiring an organization
Business acquisitions occur in a variety of different scenarios. Perhaps someone wants to purchase an existing business because they dream of becoming their own boss. Maybe a successful company hopes to expand and believes acquiring a competitor or a business in an...
How uneven workloads can cause partnership conflicts
Different factors can lead to partnership disputes, including uneven workloads. If a partner spends more hours in the office or feels like they do more work than the other, they may believe they are not viewed as an equal. Accordingly, disputes may arise. If you are...
What are the essential elements of a partnership agreement?
When entering into a business partnership, it is crucial to have a well-drafted partnership agreement that outlines the terms and conditions governing the relationship between each interested individual. It is, therefore, of critical importance for all parties to...
3 unfair trade practices that can trigger business disputes
In business, navigating the complexities of trade practices is crucial for maintaining a fair and competitive marketplace. Unfair trade practices can be the Achilles' heel for businesses. They can disrupt the equilibrium and lead to disputes that have far-reaching...
Should you sign an NDA when entering into a partnership?
In the world of business partnerships, it is not uncommon to share sensitive information with partners during the course of a partnership. While doing so, however, it’s vital to keep confidential data from the public and your competition. And this is where a...
