Partnerships rely on a foundation of mutual trust and specific legal obligations. You expect your partner to act in the best interest of the company at all times. However, financial discrepancies or secretive behavior can suggest a serious legal problem. It is...
Business Litigation
What happens during a business breakup?
Some business partnerships are so successful that they become lifelong working relationships. Other times, issues may arise that make it difficult for business partners to continue running a business jointly. For example, one partner might breach the partnership...
Breach of contract is a major issue for many businesses
Businesses use contracts as the backbone of mutual transactions. These agreements have specific terms that govern various aspects of the deal. If either party doesn’t meet the terms they agreed to as part of the agreement, the contract is breached. A breach of...
What is tortious interference in business?
Tortious interference happens when someone deliberately harms a business relationship or contract between other parties. It often involves one company trying to disrupt a deal, contract, or ongoing business arrangement for its own gain. This kind of interference can...
Types of partnership disputes that could ruin your business
A strong business partnership can fuel growth and success, but disputes between partners can be just as destructive as external challenges. Understanding common types of partnership disputes can help business owners address issues early and prevent long-term damage....
Proving tortious interference in a business litigation case
In the competitive world of business, disputes are almost inevitable. One conflict that often leads to heated litigation is tortious interference. This legal claim arises when a third party intentionally disrupts a business relationship or contractual agreement,...
3 anticompetitive business practices that violate antitrust law
Businesses are established to deliver products and services to consumers, and more often than not, this is done in pursuit of profit. However, business must be conducted in a manner that promotes fair competition, innovation and quality delivery. While most businesses...
Business partners have fiduciary duties
Being a business partner comes with responsibilities. Partners have a legal duty to act in the best interests of the company- otherwise known as fiduciary duties. Should a partner breach these fiduciary duties, then there may be legal repercussions. What are the...
Can you keep a partnership dispute from destroying your business?
A business partnership can be a blessing – unless it turns out to be the wrong partnership for either of you. When a business partnership fails, one of the major concerns you may have is how to keep your business from suffering the fallout. If you don’t want the end...
Is it time to break up with your business partner? 3 signs
Business partnerships can be exhilarating – particularly at the beginning when everything is new and the spirit of cooperation is high. However, business relationships are like any other, and they can end up strained and counterproductive when two people stop feeling...
