Sports agreements between municipalities and private owners of minor league teams are fairly commonplace in Oregon and other states. Sometimes, the agreements don't work out as planned, and disputes arise. These are often over commitments by one or both parties to contribute promised financing or other resources as part of the contract. When the meaning of the contract becomes hopelessly tied up in conflicting accounts, the dispute may end up as a business litigation lawsuit.
Shareholder suits against a company are fairly common everywhere, including in Oregon. One recent business litigation dispute gaining some public attention was a charge by two Xerox Corp. shareholders that a proposed business transaction with Fujifilm would hurt all Xerox shareholders. It was alleged that the CEO of Xerox continued to negotiate the transaction after management officials told him not to proceed further. However, Xerox stated that the CEO was authorized to continue negotiating.
Whether your business has a few shareholders or a couple thousand, disputes can occur. For people with a financial stake in a business, these arguments can be incredibly serious. Here are five common reasons disputes arise and how your company can best resolve these issues.
Oregon business law attorneys may be retained to structure the legal contours of a joint enterprise. This is a business venture entered into by two separate companies joined in a common business purpose. A recent interesting example of this kind of business formation is the creation of a joint venture called FINTRAIL Solutions, LLC. The companies joining in the venture are Guidepost Solutions LLC and FINTRAIL Ltd.
There could be an explosion of litigation approaching in Oregon and worldwide regarding devices that have internet connectivity. Such devices are called the "Internet of Things" (IOT) and they are able to connect to the internet and exchange information thereon. This includes all of the basic devices that one would think of, such as laptops, desktops, smartphones and tablets, but it also includes new entries. The newer connections for IOT devices include TVs, medical notification tools, medical data devices, home security systems, cars, and many others. As the volume increases, the chances for wrongdoing, along with expected increases in consumer and business litigation, will continue to grow.