Causes, Effects, and Solutions

Business Disputes: Causes, Effects, Solutions

Posted on by Law Advocate Group, LLP.
Business Disputes: Causes, Effects, Solutions Business disputes are a common occurrence in the business world. They arise from differences in opinion, misunderstandings, and conflicts of interest. These disputes can range from minor disagreements between employees to major legal battles between…
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partners in business

How are disputes settled between partners in business?

Posted on by Law Advocate Group, LLP.
How are disputes settled between partners in business? Disputes between business partners can be a significant challenge and can cause significant damage to the business. Such disputes can arise from simple disagreements over strategy, finances or even personal issues. Here…
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business divided during divorce

How is a business divided during a divorce?

Posted on by Law Advocate Group, LLP.
How is a business divided during a divorce? One of the most complicated assets to divide during a divorce is a business. There are processes in doing so and it is essential to know what these are. When a married…
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sued as a business

Are there ways to avoid getting sued as a business?

Posted on by Law Advocate Group, LLP.
Are there ways to avoid getting sued as a business As a business owner, one of the biggest fears is when disputes turn into lawsuits and there are a lot of things that can be damaged when a business gets…
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overridden by contracts

What laws can be overridden by contracts?

Posted on by Law Advocate Group, LLP.
What laws can be overridden by contracts? Generally speaking, courts will uphold legislation over a competing contract. Some laws, meanwhile, either expressly or tacitly permit contracts to supersede them in particular circumstances. For instance, the Federal Arbitration Act in the…
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Can a contract prohibit something that is legal?

Posted on by Law Advocate Group, LLP.
Can a contract prohibit something that is legal? It is entirely possible to make and enforce a contract that forbids you from doing anything that is within your legal rights. One illustration would be a parent offering their child money…
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commercial property loan

What is a commercial property loan?

Posted on by Law Advocate Group, LLP.
What is a commercial property loan? Commercial property is revenue-earning real estate used for commercial purposes. Commercial property loans, which are mortgages secured by liens on commercial property, are often used to finance the purchase, development, refinancing, and construction of…
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commercial real estate loans

Why are commercial real estate loans non-recourse?

Posted on by Law Advocate Group, LLP.
Why are commercial real estate loans non-recourse? A non-recourse commercial real estate loan does not give the lender any recourse against the borrower’s personal assets. If the borrower fails to make a payment or violates the terms of the arrangement,…
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commercial mortgage

What are the major requirements for a commercial mortgage?

Posted on by Law Advocate Group, LLP.
What are the major requirements for a commercial mortgage? Similar to typical mortgage loans, commercial mortgage loans let you borrow money to secure any land or property for a business rather than a residence. Additionally, you can use commercial mortgage…
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bank for commercial loan

How to prepare to pitch to a bank for a commercial loan?

Posted on by Law Advocate Group, LLP.
How to prepare to pitch to a bank for a commercial loan? There are key points to understand when asking a bank for a commercial loan. You’ll need to prove that you have a plan, provide specific financial information, persuade…
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