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…
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…
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…
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…
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…
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…
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,…
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…
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,…
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…