Running a business with a partner or multiple partners come with real rewards and real responsibilities. It’s an exercise in sharing trust and financial control. You count on your partner to act in the company's best interest. But sometimes that trust breaks down....
Categories
Business Litigation
When to seek emergency injunctive relief in a business dispute
When a former executive takes your trade secrets, a partner diverts assets or a competitor exploits your proprietary technology, the damage grows every day you wait. Emergency injunctive relief exists for exactly these situations, but courts apply a demanding standard...
What is a breach of fiduciary duty?
In terms of business litigation, a breach of fiduciary duty can happen when someone has an obligation to act in the best interests of a company or corporation and fails to do so. For instance, a board member may have a fiduciary duty to the shareholders of a company....
What should a business partnership agreement include?
Many people start businesses with friends or family. No matter how much people trust the person they are going into business with, it is essential to establish a business partnership agreement. This written legal agreement establishes the professional relationship...
3 signs a contract breach between business partners is imminent
When two businesses come together in partnership, a clear and well-drafted contract forms the backbone of their relationship. Contracts are designed to set expectations, define responsibilities and provide a framework for resolving disputes. However, even the most...
What are the consequences of violating non-compete agreements?
Non-compete agreements prevent employees from working for competitors or starting similar businesses for a set period after leaving a company. These contracts protect businesses from losing trade secrets, client relationships, and market advantages. Violating a...
Using litigation to enforce non-disclosure agreements
There are many types of contracts businesses may execute that include non-disclosure or confidentiality agreements. Frequently, businesses add restrictive covenants to employment contracts to prevent workers from putting the company at a disadvantage later....
How can companies manage mass tort legal risks effectively?
Mass tort claims can pose significant challenges for businesses. These claims involve multiple plaintiffs seeking damages for similar injuries caused by a single product or action. Understanding the legal landscape of mass torts can help businesses navigate these...
What does it mean to breach a fiduciary duty?
A fiduciary duty is a legal requirement that compels one party to act in the best interests of another party. This duty arises in various relationships, such as between trustees and beneficiaries, corporate directors and shareholders and business partners. Breaching...
5 signs you should consider dissolving a business partnership
People form business partnerships with the hopes of achieving common goals and shared success. However, not all partnerships stand the test of time. According to the Harvard Business Review, 28 million people dissolved business partnerships in 2020. There are...

