When two parties enter a business agreement, there is the expectation that both parties will adhere to the terms and fulfill all requirements. When one party violates the terms of an agreement, it could be grounds for the other party to pursue an appropriate remedy through legal recourse. Contracts are an important tool for Oregon businesses, and it is helpful to know what to do when there is a breach of contract or dispute.
Rethinking the structure for business formation
The choices that an entrepreneur will make during the startup process will impact an Oregon business for years to come. Making the decision of the specific legal structure of a business will determine things such as taxation and the owner's personal liability for business debt. Sometimes, the structure chosen during the business formation process is not working long-term. It may be necessary to rethink and ultimately change this designation.
Costly mistakes during the business formation process
Starting an Oregon business is an exciting step, but this decision also comes with certain financial and legal risks. During the business formation process, it is critical to avoid mistakes and think carefully about choices before moving forward. New entrepreneurs are often so focused on getting operations started that they overlook missteps that will cause complications and problems down the road.
Defending Oregon companies against business litigation
When a business is facing the threat of legal action, it represents the possibility of financial loss and other complications. It is important for an Oregon company to defend itself against business litigation, fighting back against allegations and working to minimize the potential consequences. There are many reasons why a business could be subjected to litigation.
