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If your company stores clients' or employees' personal or financial information, you may be at risk of a cyber-attack. If cybercriminals target your business, your company becomes liable for any damages due to the attack. According to the National Institute of...
As a business owner or executive, you may pay closer attention to published accounts of litigation against companies within your industry in California. Often, when those companies come out on the losing end of court rulings, the accompanying civil judgments prove so...
A business’s cash flow usually reflects a critical factor in its success, or in some cases, its survival. Not receiving payment for goods delivered or work performed may cause a setback for many operations. A company may, however, file a lawsuit for nonpayment. As...
Savvy business owners know that litigation is a last resort. This is because litigation is extremely expensive and time-consuming. Litigation can also cost your business valuable business relationships. It is generally a good idea to try to solve disputes by means of...
As you grow your business, you may decide that it is time for you to have a physical store. Once you find the perfect location, you should consider several elements before you sign the lease. According to Business News Daily, a commercial lease is a binding contract...
It’s an unfortunate truth of the business world that no company is immune from the possibility of having to defend against a class-action lawsuit. Whether your company manufactures consumable products or provides a service, there’s always the possibility that enough...
As a business owner, it is important for you to have tools for solving disputes at your disposal. After all, disputes will likely occur in some form sooner or later. It is wiser to have a plan of action than to simply wait and hope you never get into any...
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...