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...
Examples of fiduciary duty and who owes them to your business
You must be able to trust the people you work with for the success of your New York business. When a group or individual involved in your organization puts personal goals ahead of the business, your company can suffer. The American Bar Association States that when a...
3 ways to help prevent contract disputes
When you hire new professionals or agree to specific terms when working with other New York businesses, you may use contracts to help protect yourself and your lifeblood. If you leave anything open to interpretation when drafting your contract, though, you raise the...
Should I arbitrate or litigate?
Depending on the exact nature of your business dispute, litigation may not be the best choice. In some circumstances, arbitration may be better. Which one is better for you depends on your particular situation. According to FindLaw, things to consider when thinking...
Are there problems if an employee starts a side business?
As a business owner, you might have concerns if one of your employees wants to start up a side business. Some business owners have no issues with their employees setting up their own businesses. However, legal conflict could ensue between you and your employee if your...
How to respond to defamation and fake reports about your brand
Today’s marketing strategies involve a strong focus on the customer experience. Companies are going above and beyond to make customers happy in ways they have never done before. This is driven by the needs of a new generation that interacts with companies on a far...