Business litigation is a reality many companies may face at some point during their operations. This legal process can stem from various issues, ranging from disputes with partners or competitors to compliance with regulations or contractual disagreements. The reasons...
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3 ways the civil courts can help creditors recover unpaid debts
Attempting to collect on a debt is often a very frustrating process. Certain people may go to great lengths in their efforts to avoid their financial responsibilities. Businesses might find that someone stops answering phone calls when they commence collection...
What happens during a conflict about a non-compete agreement?
Many businesses require non-compete agreements when hiring professionals for well-compensated positions. Anyone who might have access to trade secrets or who plays a key role at an organization may need to sign a non-compete agreement when accepting a new job. A...
How can businesses fight defamation or disparagement attempts?
Businesses, much like individuals, largely depend on having a positive reputation with the local community to succeed. Once, direct communication was necessary to spread a rumor and ruin a company's reputation. Now people can disparage a company online in a somewhat...
3 types of financial conduct that may constitute securities fraud
Financial misconduct has a way of unfairly impacting those who do not engage in questionable decisions or illegal behavior. Attempts at securities fraud, for example, are a way of getting people to invest money with inaccurate information. Securities fraud might...
3 mistakes that can lead to expensive contract disputes
Contract disputes can ruin working relationships and cost businesses thousands of dollars to resolve. They are also a source of frustration for the parties embroiled in the disputes, as the whole intention of a contract is to enter into a clear and enforceable...
What not to do when your business partner breaches a contract
Partnerships are often vital in helping to ensure the success and growth of a business. However, there may be unfortunate instances wherein a business partner breaches a contract, leading to conflicts and potential legal implications. It’s essential to handle such...
What remedies can you seek if someone breached a contract?
It can be argued that contracts would have no value if there were no consequences for violating (breaching) them. In the law, these consequences are typically known as “remedies.” That’s because they’re intended to make the other parties to the contract whole. Often,...
2 ways a breach of contract lawsuit can benefit a business
The contracts that you sign with a business, a worker or an independent contractor will influence how your company operates. You can control your costs, guarantee the delivery of specific products and carefully manage the expansion of your workforce with the right...
What happens if the FTC bans noncompete agreements?
Businesses need to adopt policies that comply with federal employment laws and protect them from the potential of an expensive employment lawsuit. Unfortunately, even the systems that employers use to protect themselves sometimes become outdated as the government...