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Effective and enforceable contracts are one of a company’s most important tools. The right agreement can build a solid foundation for a fruitful working arrangement between a company and its vendors, employees and customers. Contracts that are not strategically and...
Federal securities law requires publicly held companies to release financial reports. If there is the possibility that a lawsuit will affect profit margins, the corporation should include this information in the report. It risks fines, penalties, sanctions, and the...
Business partnerships are a lot like a marriage. Ideally, the partners work together for years, perhaps many years, aiming toward a common goal. As the business grows, the partnership proves to be prosperous, and each partner contributes equally to that success. Also...
If you are a careful person who likes to plan for the future and doesn’t like to take unnecessary risks, you have probably spent a lot of time thinking about what you want your estate plan to do once you are no longer around. It would be a shame, then, for a judge to...
Dark-store theory has emerged since the great recession as a premise for changing the value of a commercial property. During the previous economic downturn in the late-2000s, owners argued that big box stores and other large commercial properties were overvalued by...
Real estate buyers may ask for certain concessions to make the deal more appealing, or the seller may offer them to sweeten the deal. This can involve lowering the price or adding other benefits the buyer wants. Conversely, the seller may not want to provide the...
Those who plan to launch or grow a business may need to secure funds. Fortunately, there are many options, from obtaining a loan to crowdfunding. Some business owners turn to venture capital financing, but there are some key issues to consider if the owner decides to...
The U.S. economy roars back as the pandemic recedes further into the distance. But, just as businesses are once again back in the office and hitting their stride, they now feel the weight of inflation. The U.S. Chamber of Commerce's Q4 survey showed that 71% of small...
Breach of contract is one of the most common disputes businesses face. This can occur when a vendor, business partner or customer does not fulfill the terms of an agreement. Ideally, the two sides or stakeholders can resolve the matter through negotiation or...
People assume that contracts are only between two parties, but others may benefit or suffer from a contract's performance. These are known as third-party beneficiaries, and they may have legal rights to enforce an agreement or share in the proceeds. They have this...