Dealing with a dispute with a business partner can feel like an enormous struggle and an even bigger undertaking. This is especially true if parties jump to the conclusion that the only way to solve it is via litigation. Fortunately, other methods are available. One...
Business Law
How do you know it’s time to break up with your business partner?
Starting your business with a friend or colleague can give you the emotional support of working with someone familiar while adding an extra person to support your new company. Initially, the novelty of starting a business can help you both overlook some of the...
3 methods of resolving business disputes
When disagreements arise between colleagues, clients, business partners or others involved in business relationships, they have the potential to take time and funds away from the day-to-day operations of the business. However, New York business owners may be able to...
How can you nip contract disputes in the bud?
Contracts provide a crucial service to businesses across the state. Without them, you could not protect your assets and business in the event that a new partnership or employee goes south. Though contract disputes sometimes happen even despite our best efforts, it is...
When may I file a damages lawsuit for online defamation?
As a business owner, you may file a defamation lawsuit to obtain financial relief for harm caused to your revenue or reputation. As noted by Entrepreneur.com, false information published over a public forum could result in a substantial loss of income. You may file a...
What must you prove in a breach of contract suit?
As a business owner, you undoubtedly have numerous contracts with your suppliers, your vendors, possibly even your customers. As FindLaw explains, these contracts contain legal obligations for both you and them. But what if one of the other parties fails to live up to...
When can I arbitrate a dispute?
Business disputes are inevitable, but litigation is not. In fact, it is generally in your best interest to try and avoid litigation for the majority of disputes. Litigation is expensive and it can potentially drag out for years in some situations. This is why...
Why is it crucial to support business ties?
As a business owner, it is understandable to prioritize the health, growth and safety of your business. But this often entails more than people first think. For example, did you know that the health of your business directly relates to the health of your business...
Are alternative dispute resolution methods an option for you?
When dealing with business disputes, you may want to turn toward litigation first. After all, it is one of the most talked-about options available. But you may have other options that you do not even know about. Such is the case with alternative dispute resolution...
Who can I sell my business partnership to?
You have probably determined now is the right time to leave your business partnership. In many situations where one partner leaves, the remaining partner or partners remain with the business. This can create legal complications if you try to sell your ownership stake...