Shareholders who have invested in a business have a financial interest in seeing it succeed. Their chance of receiving dividends or making a profit when they resell their stock depends on the company's performance. In general, shareholders take steps that they believe...
Business Litigation
When can you sue someone for fraudulent misrepresentation?
As a business owner, you rely on contracts with vendors, clients, employees, independent contractors, landlords and more. If someone violates the terms of a contract and causes harm to your business, you can sue them for breach of contract. They can do the same if you...
3 reasons to create a business partnership dissolution plan
Some business partnerships endure for decades. Other times, one partner decides to exit, or a dispute erupts in which partnership dissolution is the only remedy. Regardless of how large or successful a business is, ending a partnership works best if you already have a...
How to avoid disputes with your business partner
Business partnerships are successful when involved parties are on the same page and have the best interest of the business. Many entrepreneurs choose the partnership structure due to its numerous benefits. However, since you and your partner may be different, disputes...
Your options for non-paying clients
If you are lucky, your business will have many long-term, reliable clients. Unfortunately, not all clients will fit this description. When you have a client who refuses to pay, you have a few options. Learning the options you have can help you handle the situation....
Why might your business partner feel aggrieved?
Many business owners start their business small before building up a team. While every member of your team is important, if you have a business partner, this individual is likely pivotal to the success of your company. While you and your business partner may have...
Why do you need to keep the end in sight in a business dispute?
If you do business with enough people or companies, there will likely come a time when a dispute arises. Unfortunately, it is human nature that people will not always agree. That is why ensuring you have strong contracts in place with employees, vendors and more is...
Breach of contract: What you should know
Whether you own a small business or operate a large corporation, you may have entered into a contract with another company. Ideally, businesses enter into contracts with the intent to benefit both parties. When one party fails to meet their end of a contractual...
Why do business partnerships so often fail?
A business partnership might sound like a good idea in the beginning. A whole world of possibility awaits, you are probably working side by side with someone you like and trust, and you don't have to face business challenges alone. What could go wrong? A lot, it turns...
Understanding breach of fiduciary duty in business law
Fiduciaries are common in the business context. Corporate officers, directors, business partners, managing members and other key decision-makers are often considered fiduciaries. As such, they are held to high standards when carrying out their responsibilities....