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Businesses use contracts to govern deals between them. These can include everything from collaboration projects to purchase agreements. Contracts are designed to create certainty and lay out the expectations, rights, obligations and timelines. One clause that’s...
Business executives owe a duty to the organizations that they help run. They should put their company’s best interests ahead of their own wishes. Executives generally have a fiduciary duty to the organizations that they help lead. Most executives are proactive about...
When disagreements arise between business partners, it can be tempting to walk away. Dissolving a partnership often seems like the easiest way to end conflict or escape financial strain. However, ending the relationship can have lasting legal, financial and emotional...
As an employer, you may decide that it is time to fire one of your workers, terminating their position at the company. You made this decision because it is in the best interest of the business. Perhaps the employee is having frequent conflicts, providing a poor level...
Statutes of limitations for bringing civil actions exist largely to ensure that individuals and businesses file legal concerns within a reasonable period of time. This is typically for everyone’s benefit. Evidence can disappear, witnesses’ memories can fade (or they...
Insurance can protect people and businesses from liability. It can also help cover unpredictable losses, such as storm damage to residences or business facilities. Policyholders pay for coverage and then file claims when they experience certain qualifying...
One reason for employment litigation is when an employer decides to fire someone in a protected class. That employee may claim that they cannot be fired because of their inclusion in that class, alleging that their rights have been violated and that it’s a wrongful...
As a business owner, you would like your employees to give you two weeks’ notice before they quit. This way, you can take steps to plan for the transition. You may need to shift duties around, have other employees cover for them or start the interview process as you...
There are many reasons why shareholders or investors may need to take legal action against a business or its leaders. In some cases, there may have been an attempt to freeze out investors by denying them access to shareholder meetings or depriving them of their right...
When business owners face a dispute, they typically prioritize settling without litigation. Unfortunately, navigating a dispute with this mindset can leave you unprepared if the conflict escalates. While many business disputes can be resolved without litigation, it is...