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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...
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...
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...
Lawsuits against businesses may require a strong defense to absolve them from liability for harm caused by negligence. Forbes notes that plaintiffs may attempt to hold employers strictly accountable for injuries caused by their employees. Your business may face...
A California property line dispute has the potential to cause lasting damage to relationships between neighbors. Yet, these disputes are not uncommon, and this is likely due in part to the fact that property lines are invisible, leading to conflicts over where...
Negotiations to set up the commercial use of a property are not always easy. Sometimes even after the signing of a contract, events compel the signatories to the agreement to come back to renegotiate the deal. This may result in a contract novation. The Motley Fool...
Every case is unique and it helps to know some of the legal options before getting into a complex business litigation. California Civil Code outlines several of the common defenses against breach of contract. Review them to consider which may be a good fit. Duress If...
Investing in commercial real estate in California allows you to diversify your portfolio and increase your residual income. However, market volatility, bad tenants and even natural disasters could impact your returns. Knowing how to fortify your commercial real estate...
When choosing a business structure, it is important to consider how it can impact personal assets. As the owner of an LLC, you are a member and if your company has to pay legal fees or settlements, you do not have to open up your personal bank account. LLCs are their...
As you started your journey to owning a business, you may have needed to form a partnership. Unfortunately, nearly 70 percent of partnerships eventually fail. If you find yourself in that situation, California law has established steps for you to follow. 1. Review the...