As a business owner, you do what you can to minimize risk in addition to contributing to the success of your operations. But after a disagreement with a supplier, customer, employee or another party, you may face litigation. According to the Small Business...
Business Litigation
The benefits of mediation for business disputes
Business disputes can be time-consuming, expensive, and potentially damaging to the relationships between the parties involved. Mediation offers an alternative to traditional litigation, providing a more efficient and collaborative approach to resolving conflicts....
What is a breach of fiduciary duty?
Your business is your lifeblood, and you have worked diligently to compose an inner circle that adheres to the same principles as you do. Discovering that one or more of these trusted confidants has broken your trust may pack a heavier punch for you and your business....
How can your business avoid a real estate dispute?
If your business needs to invest in a piece of commercial real estate, you might feel like you are somewhat out of your element. After all, while you have honed your business model, you have little experience with buying commercial property. A real estate dispute has...
When unfair trade practices impact your business
Owning a business can be a tough endeavor, especially if yours specializes in an area with considerable competition. When a competing business begins engaging in unfair business practices to obtain an upper hand, it can have a negative impact on you and other...
What is a non-disclosure agreement?
Many businesses, despite their size or industry, conceal inside information that protects their products and operations. These trade secrets tend to vary widely across many different types of businesses, and employees may have to sign non-disclosure agreements to keep...
3 fast facts about proprietary information
No matter the size of your business, you likely deal with many different facets of running a company, including the guardianship of proprietary information. Inc. notes that this information, which is also known as trade secrets, can range from product designs to...
Can you recover damages from contract breaches?
Contracts are a normal part of doing business with other people and companies. These legally binding documents ensure that one party carries out its tasks or duties and gains compensation accordingly. Failure by one party to uphold a contract may result in a breach of...
2 common reasons for business disputes or litigation
Every business faces unique challenges, but there remain common problem areas across the board. Understanding frequently seen reasons that businesses face legal trouble helps business owners plan for avoiding these issues. While not an exhaustive list, the following...
What is arbitration?
Managing business litigation can be stressful and time-consuming. Even worse, it can take important resources and personnel away from actually getting true business done. In most cases, it is better to avoid litigation if at all possible for the health of your...
