A contract creates private law, and the parties to the agreement must abide by all of its terms. You are legally obligated to fulfill the provisions of a contract, just as you are obliged to obey any law which is passed by the government. If you fail to fulfill your obligations, the other party to the contract can use the court system to obtain a legal remedy, including compensation for damages.
Read MoreUnfortunately, shareholder disputes can arise frequently in closely held companies, as well as in larger organizations. When a dispute arises, the future success of the organization could be affected because the disagreement could hurt the company's brand, make it impossible for co-owners to work together, and result in a delay in the making of important decisions.
Read MoreGoing to court should generally be a last resort when a partnership dispute arises, and/or should be reserved for cases where an agreement cannot be reached in any other way. Going to court could also become necessary if your partner has committed an egregious violation, such as breach of fiduciary duty or suspected fraud or embezzlement.
Read MoreThere are many different laws that regulate the process of doing business. For example, antitrust laws could control your ability to merge with competitors or to engage in behaviors which are defined as unfair competition that interferes with markets.
Read MoreIt is common for partners and shareholders in closely held companies to experience disagreements. While these disagreements can sometimes be healthy by encouraging creative solutions, they can also be destructive if partners or shareholders cannot agree on what is best for a business and cannot continue to work productively together to advance the company’s interests.
Read MoreA business litigation attorney provides assistance in situations where your company must sue someone to protect your rights, and in situations where a lawsuit is filed against your company. Our legal team knows the civil litigation system and is adept at providing representation to clients that facilitates a timely and effective resolution of business litigation.
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