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Damages for Conversion: Everything you need to know

Damages for Conversion Damages for Conversion: Everything you need to know In conversion cases, damages are given in an effort to make up for the loss a victimized party suffered as a result of someone wrongfully taking their property. The worth of the
Posted in Business Law, Personal Law, Real Estate

Is Conversion Law only applicable in properties and civil cases?

properties and civil cases Is Conversion Law only applicable in properties and civil cases? Conversion may be used in both civil and criminal proceedings. The kind of property concerned determines what conversion is. Only personal property is subject to a claim for conversion; actual
Posted in Business Law, Buying and Selling of Businesses, Real Estate

What is an example of Conversion Law?

Conversion Law What is an example of Conversion Law? In business disputes, conversion claims are frequently used, especially in deals involving personal property. A conversion claim may also be made in business transactions where money is exchanged. Although it is not a
Posted in Business Law

What is the difference between mediation and litigation in business?

mediation and litigation What is the difference between mediation and litigation in business? With all of the relationships involved in running a business, it is very likely that business owners and managers will become embroiled in a dispute of some form. Suppliers or
Posted in Business Law, Business Planning, Buying and Selling of Businesses

What determines a winnable business lawsuit?

Winnable Business law suite. What determines a winnable business lawsuit? As a business owner, you’ll frequently have to make difficult choices. Choosing when to take legal action against someone is one of the hardest decisions for business owners to make. There are a number
Posted in Business Law, Business Planning

How are business divorces handled?

business divorces handled How are business divorces handled? Co-founders of businesses may decide to part ways for many reasons. A partner could retire or step down. Priorities may change. Personalities can conflict. The company might not be making enough money. Business associates can
Posted in Business Law, Business Planning, Buying and Selling of Businesses

Can investors sue the founder if a startup fails?

Investors sue the founder Can investors sue the founder if a startup fails? When a startup fails, investors may understandably feel frustrated and disappointed. After all, they have put their money and trust into a venture with the hope of making a profit. However,
Posted in Business Law, Business Planning, Finance, Fraud

What happens to my business during a divorce?

Business during divorce What happens to my business during a divorce? Any business started during a marriage will be regarded as community property. This implies that the other spouse has a legal right to receive half of the business’s worth when assets are
Posted in Business Law, Buying and Selling of Businesses

How do I limit my company’s liability if we are sued?

company liability How do I limit my company’s liability if we are sued? As a business owner, the possibility of being sued is a reality that you must prepare for. While it is impossible to completely eliminate the risk of being sued,
Posted in Business Law, Buying and Selling of Businesses

How do courts decide when dividing money earned from business in a divorce?

Dividing money earned from business How do courts decide when dividing money earned from business in a divorce? The value of your business will be determined by the court during a divorce, typically with the assistance of forensic accounting professionals retained by one or both
Posted in Business Law