Most of us make promises to the people we interact with on an everyday basis. However, it is possible the law may consider some of our verbal promises legally binding. Many people believe that you must “sign on the dotted line” for anything to become official....
Business Litigation
On shareholder derivative suits: explanation and example
Ideally, corporations act toward a single, unified vision. With this ideal in mind, the law may offer protection when an alleged injury to a company results in a case against board members or other leaders. In short, corporations do not necessarily have to sue...
Why should you look into alternative dispute resolution methods?
Missouri business owners like you value the growth of your business. A big part of growth involves making connections with others. It is important to value and tend to these connections, which is sometimes difficult. What do you do if you run into a dispute with...
How can you handle contract disputes?
As a Missouri contract worker, you know the possibility of a dispute always exists. No one wants to get into one, but they are unavoidable at times. Because of this, you need to have plans in place for handling disputes. But how exactly do you handle them? What are...
3 potential problems with your company’s noncompete agreement
Noncompete agreements typically prohibit employees from joining a competitor. Regularly used in conjunction with nondisclosure agreements, noncompete agreements also prevent workers from starting their own competing businesses. If you want to retain top talent, having...
Why good businesses make bad contracts
Business relationships are dependent on contracts, almost by definition. These contracts tend to have firm language about exits. Unfortunately, firm language does not always equate to clarity. Furthermore, some contracts seek to supersede the law. We help our clients...
The many uses of an NDA
Business owners and entrepreneurs frequently must share sensitive information about their companies or the way they conduct business with other parties. These parties may include vendors, distributors, suppliers, investors, employees and more. The use of contracts...
Proposed health care merger could affect patients across 3 states
Beaumont Health is the largest health care system in Michigan, with 145 outpatient facilities and eight hospitals. Advocate Aurora serves over 3 million patients at 500 facilities across Wisconsin and Illinois. Recently, the two companies made an announcement that...
How to reduce the chances of a lawsuit
There are a lot of things to deal with as a business owner, and the fear of a lawsuit is one of them. It is a litigious society, and even small mistakes can lead to a lawsuit. Lawsuits can come from a variety of sources, such as vendors, clients and employees....
Why do partnership disputes happen?
If you co-own a business in Missouri, chances are you and your partner shared a mutual interest that ultimately led to the decision to create an organization together. Operating a business brings many unique challenges and opportunities. Understanding how to navigate...