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Companies may incur liability for a data breach if it causes customers harm or financial loss. Protecting customers' private information has become a priority forcing many businesses to reconsider their IT outsourcing strategies. California legislators responded to...
Contracts containing a force majeure clause may protect a business owner's interests if he or she experiences an unpredictable natural disaster. As described by the American Bar Association, a commercial lease may also contain terms describing how a natural force such...
By the time you’re ready to sign the sales contract for the purchase of property, you’ve already gone through a lot of preparation. You’ve inspected the property, negotiated a price, secured financing and set a closing date. After such a huge investment, it’s good for...
As a business owner, getting sued is likely one of your worst nightmares. If you run a large firm, litigation can have a negative impact on your business in many ways. Aside from the financial consequences of legal action, litigation can create problems with regard to...
If you are facing a breach of contract lawsuit, it is essential to recognize what is at stake and identify the best course of action. These lawsuits carry various repercussions, from financial penalties to court-related stress and damage to your firm's reputation....
Any business must prepare for the possibility of business litigation. The potential exists for nearly every company in the U.S., and the larger the enterprise the more likely lawsuits will crop up from time to time. Lawsuits come from other companies, employees or...
Crafting the perfect business contract is a complex art. The inclusion or absence of a few key words could mean the difference between winning or losing a lawsuit over a contract dispute. In the interest of protecting your company, it’s a good idea for you to consider...
If your company is facing a lawsuit, tensions are probably high. One of the best ways to improve the chances that the verdict will sway in your benefit is to prepare. Although it may take time and money, it is important that all relevant parties understand what to...
Whether you lease the property to tenants or you play the role of a tenant, you likely heard the warning. Commercial and residential leases do not run parallel to each other. Protections for landlords of these property types also differ. While residential leases tend...
As you enter into a contract with a new business partner in California, your thoughts inevitably turn to its completion. You may begin to make plans on how your company will use the resources the contract brings into your business, assuming that those resources all...