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...
Business Law
Accused of breaching your contract? Practical defenses
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...
Tips for business owners who need to close down
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...
Which type of partnership should you choose?
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...
What options do you have after a breach of contract?
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,...
What are the main types of corporations you could choose from?
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...
What should you know about limited liability companies?
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...
Survey of corporate counsel predicts increased litigation in 2020
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...