Disputes in business are common. Whether it is a minor disagreement between partners, or a vendor has an issue with payment, it is important to know what options there are for resolution. A business contract can help prevent numerous disputes. However, if a problem...
Business Litigation
Can you sue for breach of contract?
Whether you are a small business owner or oversee a larger corporation, you may handle contracts regularly. Knowing how to create, organize, evaluate and sign contracts is an important part of daily business activities. Do you know what to do, however, if someone does...
What do you know about closing your business?
You did everything to keep your company open, but you think you have no choice but to close it. Even if you want to open another company later, you must shutter your current entity properly. The U.S. Small Business Administration guides entrepreneurs through shutting...
3 ways to keep your LLC’s corporate veil intact
When you were researching business organizations before forming your limited liability company, protecting your personal assets undoubtedly appealed to you. After all, if your LLC fails, your creditors typically cannot go after your personal wealth. This is not always...
How should you prepare for litigation?
Facing litigation may rattle your operations and disrupt the workflow unless you strategize from the start. Knowing how legal involvement could impact your business can help you respond appropriately. The way you prepare for litigation may substantially improve your...
Should you look into alternative resolution methods?
As a business owner, the last thing you want is to get into a dispute with fellow partners or collaborators. Unfortunately, it is impossible to guarantee you will always stay out of every dispute and argument. Instead of trying to figure out how to avoid disputes at...
Is it possible to work with a narcissistic business partner?
Even though narcissists seem to be virtually everywhere these days, a narcissistic personality disorder is a comparatively rare personality disorder. In fact, clinical narcissism only afflicts an estimated 5% of the population. Still, many others have narcissistic...
3 effective strategies for preventing contract disputes
An Oregon contract dispute may take time and money away from a business, and the chance of a contract dispute arising at some point is high. However, many contract disputes could have been avoidable, had businesses drafted their contracts carefully and took other...
How should I react to a lawsuit against my business?
Facing a lawsuit against your business can bring about a lot of fear and stress. You may have initial feelings to react in certain ways. However, it is important to measure your actions carefully. Business News Daily explains once you receive the notice someone is...
Can partnership agreements have dispute resolution clauses?
If you want to launch a venture, you may have little choice but to find a business partner or two. After all, even if you have a brilliant idea, you may lack funding. You may also not have the skills or time to manage the enterprise's day-to-day operations. In...
