When a dispute calls for business litigation, it can evolve into a process that drags on for inconvenient amounts of time. It is preferable for all parties if mediation can resolve a matter without the need for legal action. In some situations, peaceful mediation may...
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What are the options for resolving a contract dispute?
A contract is a written agreement that sets out the terms and conditions of the exchange of goods or services between you and another. When a dispute arises, you have options for handling it. The terms specified in the agreement may dictate how you try and fix it....
3 tips to avoid a business dispute
Disputes are part of doing business, but proactive measures can help reduce the risk of these disagreements growing into matters that require litigation. The following steps can help. Step 1: Clear business formation documents Ideally, the business creation documents...
What is a merger clause?
No business owner wants to risk their stability and assets due to a business dispute. Unfortunately, these issues just come part and parcel with owning a business, and you cannot entirely stave off the possibility of a dispute ever occurring. It is thus more important...
Do you need a severability clause?
Business owners of many sorts like you will likely have to create a contract at some point in time. You may need one for hiring a new employee, buying new businesses or securing the services of professionals. Though contracts can differ greatly in purpose and...
What should you know about commercial leases?
As a business owner, a commercial lease will rank as one of - if not the - top expenses in your business owning journey. Having that brick-and-mortar shop can give you a lot of benefits, but at the same time, walking into that first lease can bring a lot of stress as...
Taking steps to avoid a real estate contract dispute
When it comes to real estate contracts, you need to carefully go over the details of an agreement before you sign. These contracts often involve confusing details and terminology that people struggle to understand. Moreover, the consequences of legal issues involving...
What constitutes unfair competition?
A healthy amount of competition may help drive your business to innovate and overcome your competitors in the marketplace. What does not help is when your business rivals use underhanded tactics to get an advantage over you. Federal and California laws have certain...
Types of business partnerships
Oftentimes, running a business is not easy to do alone. A helping hand might feel necessary when so much is at stake. Finding a business partner can take a great deal of weight off a person's shoulders, but it is important to have foresight. The way partners share...
The statute of limitations for breach of contract suits
Whether you are a business owner considering legal action against another firm or you worry about the possibility of a breach of contract case targeting your company, it is vital to go over the statute of limitations for these cases. In California, those who want to...