Category Archives: Business Litigation
Can You Shorten The Time Limit To File A Lawsuit?
The statute of limitations is the ultimate time limit that you have to file a lawsuit. The time limits vary, depending on what kind of case it is. Some limitations can be quite short—a year in some instances—but in other cases, the time to sue can be 5 or 6 years. Whether a shorter… Read More »
Class-Action Lawsuit Filed Against Peloton
Peloton, the makers of the $4,295 Tread+ are being sued after a string of injuries and one child’s death were reported in connection with usage of the machine. In Northern California’s District Court, Shannon Albright has filed a personal injury lawsuit against Peloton Interactive, Inc. claiming that the current warnings Peloton offers do not… Read More »
Is Every Employee Liable For Corporate Fraud Or Conspiracy? Maybe Not.
Imagine this: A large company is involved in a fraudulent scheme. Maybe the Florida Attorney general gets involved, maybe aggrieved parties file private lawsuits against the company. Certainly, the company may be liable, but individuals in the company may also be liable. Which Individuals Are Liable? But how many individuals in the company may… Read More »
Paying Off Foreign Government Officials Can Get You In Trouble
Bribery: You’d never do it and you know it’s wrong. But if you’re doing business overseas, what if that kind of thing is more accepted? Is it Ok to pay off someone in a foreign government if that kind of thing is OK in that foreign country? Would You Need to Bribe a Foreign… Read More »
What To Do If Your Business Is Sued To Claw Back Property
Let’s say that one day your business gets a great deal. Maybe a steal on a great piece of equipment, or a vehicle, or some other item. You think you’ve hit the jackpot. Then, out of nowhere, you get sued by a bankruptcy trustee, who is saying something about a “clawback.” What is that,… Read More »
Nike Files Trademark Infringement Suit Against Rapper
Copyright and trademark infringement happens in many different ways. But recently, shoe maker Nike found out that when it comes to its sneakers, infringement and human blood will lead to a legal battle. Alteration of a Trademark As a general rule, you cannot take someone’s trademark or copyright and alter it only slightly, sell… Read More »
Protecting Yourself From The Other Side’s Bankruptcy
If you are about to contract with someone else or another company, you may want to make sure that the other side fulfills its contractual obligations. Yes, you can put in the contract any penalty you want (within reason), and can sue if the other side doesn’t abide by their obligations…but what about bankruptcy?… Read More »
The Corporate Transparency Act Is Coming
Federal law is set to change, and the changes will put new burdens on privately owned companies. This is rare, as usually federal regulations monitor and regulate public companies. Disclosures of Owners and Those in Control The new law, called the Corporate Transparency Act, will require private companies to disclose to the government the… Read More »
The Difference Between Nonprofits, and For Profit Companies
If you are thinking about starting a nonprofit organization, you may think that it’s just like a private business, only for a charitable purpose. But there are a lot of differences between for profit companies and nonprofit companies, and even differences amongst the kinds of nonprofit companies themselves. Making Money is OK To dispel… Read More »
What is a Fiduciary Duty?
When one party owes a fiduciary duty to another, that party can be sued for violating that fiduciary duty. The existence of a fiduciary duty can mean that one party has a heightened obligation to care for, or keep the person’s word, towards the other party. But what is a fiduciary duty? Do you… Read More »
