Category Archives: Business Litigation
Don’t be Personally Liable for Your Company’s Debts: Practical Tips
One of the major benefits of forming any type of company or corporation is the avoidance of individual liability for the debts, obligations, or liabilities, of the company. But that protection isn’t automatic, and it can be lost if you aren’t careful. There are some common mistakes people make that result in them getting… Read More »
Crafting a Settlement Agreement That Works for Your Claim or Lawsuit
So you’ve figured out a way to resolve a breach of contract case or a business law case. That’s generally good news—you’ve avoided the risk and uncertainty of a business law trial. But the job isn’t over—now you need to have some sort of settlement agreement, memorializing what it is that you’ve agreed to…. Read More »
A Good Operating Agreement Can Avoid a Bad Lawsuit: Is Your Equestrian Business Ready for the Upcoming Winter Equestrian Season?
With the busiest part of the Wellington equestrian season approaching, it’s crucial to ensure your farm or business is fully protected. One key way to safeguard your interests is by having your Operating Agreements in place. These agreements are vital, as they outline each party’s roles, responsibilities, and expectations. They also provide a solid… Read More »
A Good Operating Agreement Can Avoid a Bad Lawsuit: Is Your Equestrian Business Ready for the Upcoming Winter Equestrian Season?
With the busiest part of the Wellington equestrian season approaching, it’s crucial to ensure your farm or business is fully protected. One key way to safeguard your interests is by having your Operating Agreements in place. These agreements are vital, as they outline each party’s roles, responsibilities, and expectations. They also provide a solid… Read More »
Closely Held Corporations: Are they Real, and Are They Worth It?
You may have heard of someone saying that they have a closely held corporation. And while this may just sound like a descriptive adjective it actually does have a legal meaning, and a closely held corporation is, in some ways, different from a standard corporation. What is a Closely Held Corporation? Closely held corporations… Read More »
Asset Sales and Stock Sales: Know the Difference
The decision to sell your business is a big one. But once it’s made, you may think the decision-making is over. It isn’t. That’s because in addition to the decision whether or not to sell your business, you then need to decide what part of your business to sell. There are really three things… Read More »
Things to Include or Leave Out of Your Loan Agreements
Whether you are lending money to someone as a favor, or whether lending is an essential part of your business, your lending agreement may be the difference between getting paid back, or being out a lot of money, unable to collect. But you may be surprised at how many important things people leave out… Read More »
Legal Considerations When Drafting Online Terms of Service
When you access a website, how many times have you read the terms of service (TOS)? If you’re like most people, the answer to that question is rarely, if ever. But that doesn’t mean that a good TOS page for your own site isn’t important. Enforceable Contracts? A TOS is, at its core, a… Read More »
Business Goodwill: What is It?
When a business is damaged because of something that someone else does—say, stealing intellectual property or defaming the business—one element of damages that a business can seek is goodwill or the loss of goodwill that their business has suffered. But what is good will? Easy to Define, Hard to Measure It’s easier to define… Read More »
Ways to Keep Your Attorneys Fees Reasonable
If you have a business law case, you may be concerned about the cost of legal fees and how you will keep your attorneys fees bills to a level that you can afford. That is understandable and a very valid concern. And while there are some things in a business law case that can… Read More »