Whether you own a small business or an established organization, you may get sued when you least expect it. The average American company has an 11.7 percent chance of facing an employee charge. Small businesses can be held legally accountable for violating contracts, committing fraud, breaking intellectual property rights, and more. A liability lawsuit could…
If you have an idea for a small business, there are a lot of ways to get the money you need to get it started. Most people go down the traditional route of getting a loan from a bank. Others may be lucky enough to have money saved up to fund their business. There’s a new way…
Starting your own business can bring about exciting prospects for financial independence and stability, but it can also present unique challenges. If you’ve done your research and you’re contemplating starting a business in Texas, you’ll need to fulfill certain legal requirements before you can begin operations. The following Texas business checklist includes everything you need…
In the business world, acquiring another business isn’t easy. Sometimes hostile takeovers are the only way for a business to successfully pull of an acquisition. And while this technique is effective, it’s hard to execute without an expert strategy. This article will delve into the ins-and-outs of hostile takeovers, as well as successful strategies for…
We’ve all been in arguments and had disagreements with others. Disputes are a part of life. But, disputes can (and often do) happen between businesses. When one company takes legal action against another business, it’s known as commercial litigation. Being involved in a dispute like this can be stressful, but it becomes much more manageable…
Receiving a cease and desist letter may seem terrifying, but the most important thing to remember is: don’t panic. While you should take a cease and desist letter seriously, it doesn’t hold any real legal power, just yet. A cease and desist letter is usually the first step in opening a lawsuit against you or…
It’s a broad term, and to a new entrepreneur it’s akin to hearing “nuclear explosion” or “company disaster.” It’s commercial litigation. If you’re a new business owner, it’s important to understand the ins and outs of this ugly side of the business world. But you have enough paperwork to build a bridge from Earth to…
A business thrives or falls on the integrity of its contractual arrangements. This guide explains the difference between a contract and an agreement, and how they are used in litigation. Before we get into the basics of business contracts and agreements, review this checklist. Also, check out the 2016 Model Rules of Professional Conduct, released…
A litigation support professional is the worker bee behind the scenes of every legal effort. If you’re an attorney, you may want to consider hiring litigation assistance so that nothing falls through the cracks. Here are some instances where you may need a litigation support professional on your team: You’re Feeling Overwhelmed Do you feel…
As a business owner, you might look upon copy infringement as a sort of double-edged sword. First, you want to make sure that your own intellectual property rights are protected. Nonetheless, you have another concern. The last thing you need is to face a lawsuit based on allegations your company wronged someone else. First, the…
