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...
Business Litigation
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...
What are the most common construction disputes?
If you work in the construction industry, you may already know there is a lot of room for dispute regarding a contract. Construction work involves dealing with various contractors, equipment, tools, deadlines and a lot of money. According to White Cap, if you...
How can you prep your business for the likelihood of a cyberattack?
When you turn on the news to see a significant corporation hit by a cyberattack, it may feel like the most prominent targets are large businesses. While the major companies receive the attention, cybercriminals tend to target small businesses more often because they...
Common contract disputes businesses deal with
Business owners often make deals with third parties for goods and services. They memorialize mutual agreements in contracts. What happens if something goes awry and one side does not uphold the terms and conditions? A breach of contract is the most common form of...
Shareholder derivative suits may result in financial awards
Aggrieved and frustrated stockholders may file lawsuits against the corporations in which they hold stocks. As reported by Chron.com, outcomes of a shareholder derivative lawsuit may include settling unresolved disputes with a company's governing managers. Investors...
Which cyber attacks can harm your business?
When it comes to cybercrime, all businesses need to stay wary of cyberattacks. A cyber attack on your company can damage your business's reputation, put you in a position where you may face lawsuits from other companies or your clients and more. According to IBM, when...
Why is it important to entertain alternative dispute resolution?
As a business owner, it should always be a top goal to stop arguments and disagreements before they can evolve into full-on disputes. But you should also understand that disputes are an unavoidable part of business ownership. Rather than believing or hoping that you...
What constitutes breach of contract?
Contracts probably form a major part of your life if you are a business owner. You likely have dozens of them with your various suppliers, distributors, customers, independent contractors, perhaps even some of your employees. As you likely already know, contracts are...