Negotiation is not easy. While there are advantages to trying alternative dispute resolution methods, it is still possible to end up at an impasse. An impasse is what occurs when both parties “lock horns” at the negotiating table and talks come to a standstill. In...
Business Litigation
Common causes of shareholder disputes
Disputes are a near-inevitability in the business world. If you run your own corporation, the most sensitive disputes you should anticipate are those that involve shareholders. The slightest thing can set stakeholders against one another, or at times the dispute might...
What are the most common disputes business owners are likely to face?
If you are a business owner, you have a wide variety of projects and responsibilities to attend to on a daily basis. You are especially interested in those that move your business forward, but not every day ends on a positive note. What are the most common business...
How can mediation benefit your company?
During a business dispute, you have an obligation to your company to handle the dispute fairly and to save as much money as possible. In severe cases, a business dispute can bankrupt a company. Fortunately, most disputes are breaches of contract and failure to collect...
Breach of contract: What you should know
Whether you are a small business owner or run a major corporation, contracts may be a significant part of your daily business. When you enter into a contract with another party, both parties agree to certain terms detailed in the document. When one party breaks their...
How can you prevent cyberattacks?
As a business owner, you must protect your staff and client information. Cyber attacks cost businesses money, but they can cost your clients, staff and others. It can also cost your business if someone files a lawsuit against you for negligence. According to the U.S....
How does a small business owner guard against a damaging lawsuit?
No business owner likes to think about the possibility of a lawsuit, but a small business owner is especially vulnerable if litigation threatens. How do you protect yourself and your company against a lawsuit that could devastate the business that is a major part of...
Handling employment litigation as a business owner
You probably have many concerns as a business owner, whether you worry about fluctuations due to seasonal demand, loans and other financial challenges or finding talent. However, litigation can create additional hardships, especially if the case involves current or...
Check the shareholders’ agreement before firing a shareholder
Shareholders should be a benefit to a company, but sometimes one or more may become a detriment through irresponsible or embarrassing actions. The situation may become serious enough that you as a business owner want to remove a particular shareholder. This is not...
How can you avoid NDA disputes?
Non-disclosure agreements (NDAs) prevent sensitive business information from falling into the wrong hands. They are often used when a business collaborates with others in order to develop a new product or improve on an existing one. While NDAs are beneficial, you must...