When you have a contract, but a third party interferes and causes the other side to breach it, it could be “tortious interference.” A classic example is this. You’ve agreed to buy a local artist’s painting for $500. They agreed to the price and you’re ready to pick up...
“Force majeure” is a term a lot of people have heard in relation to the pandemic. Roughly meaning “superior force,” the term excuses performance of the contract if unforeseeable circumstances make it truly impossible to perform. A force majeure clause could come in...
You may have heard about arbitration, but you may not know much about it. Under the right circumstances, it can be a quick, economical and final way to resolve a business dispute. You can arbitrate any type of business dispute with agreement from the other party. Some...
In these times of economic uncertainty, many organizations are finding themselves unable to fulfill their contracts. Yet if you have been accused of a contract breach, you may be worried about getting sued. What defenses might you have? First, it’s important to be...
It can be tempting just to close your doors and walk away, but closing a business takes a bit of planning. Taking the right steps can avoid unnecessary costs and prevent legal disputes from arising. Here are the basic steps for closing down a business: Make the...
When you're starting a new business, choosing the right entity type is important. You can choose a variety of entities: corporations, limited liability companies (LLCs), nonprofits, partnerships or even sole proprietorships. If you don't choose, your entity type will...
Unexpected events can lead one party or another to breach their contracts. If this has happened to you, you may be wondering what legal rights and options you may have. When a contract dispute arises, you can try to resolve it through negotiation, mediation,...
If you are starting your own business, you may be weighing the type of entity you should choose. One of those options is the corporation, but what type is best for you?Choosing the right type of business entity is a personal choice. It depends in part on how you want...
If you're thinking about starting a business, you have probably heard about the limited liability company, or LLC. It is a popular type of business entity for several reasons. First, it protects your personal assets from being used to pay business losses or other...
The 2019 Litigation Trends Annual Survey from the law firm Norton Rose Fulbright came out recently. This is a survey of corporate counsel on topics such as litigation risks and the most effective ways to reduce them. The big takeaway from the survey is that...
