Individuals serving as corporate officers or directors are highly susceptible to being sued for actions taken in the performance of those roles. It is a common misconception that only large public companies face Director & Officer lawsuits (“D&O...
When a party to a legal agreement doesn’t perform their agreed-upon duties without legal justification, a breach of contract occurs. Though many slighted parties jump to collect monetary awards from the offending party, oftentimes there are better serving remedies...
For as long as there have been contracts, there have been parties to those contracts who have failed to abide by them—whether purposefully or otherwise. When this occurs, it is known as a ‘breach’ of the contract. Most good contracts address what happens if a party to...
When businesses fail to take charge of their legal issues, they open themselves up to lawsuits from other parties. Anything is possible, which is why it's important for you to minimize risk in all aspects of your business. Take a moment to familiarize yourself with...
Contracts are highly complex documents. If they are drafted properly, they are legally binding and can have far-reaching ramifications for your business. It is always to your advantage to get deals in writing, however, you should hire the services of a business...
Nationwide statistics show that most lawsuits reach a settlement before they reach the trial stage. After all, people tend to gravitate towards the least risky option with the greatest certainty of reward. Still, if you've been offered a settlement for your business...
Any type of business agreement should involve a contract. But, when contracts are not properly written and disputes arise, those contracts may not hold up in court. It is best to have a business attorney draft all contracts, whether they are agreements or for...
When a contract is made, it creates a legally binding agreement that protects the interests of each party. If one party breaches the terms of the agreement, it can cause considerable problems for the other. Thankfully, the wronged party can choose from several legal...
In the business world, there are a lot of disputes you’ll have to go through. But, one of the more common is that of your contracts. More specifically, when a party breaches a contract. A contract establishes obligations between two or more parties, and each party is...
Business litigation encompasses a wide range of cases usually pertaining to commercial disputes. Such disputes may arise from the breach of or tortious interference with a contract, a violation of trade laws, or disputes between partners or principals of a firm or...
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