Should You Include an Arbitration Clause? Some contracts include something called an Arbitration Clause. Arbitration is a way of settling disputes outside of court. They are written into contracts in order to minimize future legal…
The Importance of a Partnership Agreement A partnership begins when two people or entities join to create a business. This is one of the most common types of businesses. Many large companies that you probably…
What Is Fiduciary Duty? When acting as a part of a business, either as a corporate officer, partner, or member of an LLC, you have a fiduciary duty to act in the best interest of…
Letter of Intent for Mergers and Acquisitions When coming into a merger or acquisition of a company, each party should ensure that they have an equal understanding and should do so before getting into negotiations.…
Drafting a Partnership Agreement Partnerships are a common and sensible business decision, even if many well-known firms are corporations or limited liability organizations. To this point, several of the most prominent tech companies, such as…
Avoid Business Litigation by Retaining an Attorney There are many reasons for a business owner to choose not to hire a lawyer. They may not be able to afford it or think it’s not worth…
Fraudulent Conveyance A fraudulent Conveyance would be more accurately called avoidable transfer, as it is a transfer by a party (the debtor) of interest in property in order to prevent a creditor from claiming the…
Should You Take Your Contract Dispute to Court? Entering into a contractual agreement with a business associate binds both of you to the terms that you’ve agreed upon. There are times when the other party…
Enforcing Oral Contracts Contracts affirm all kinds of business transactions. In their written form, contracts should be drafted and reviewed carefully before being finalized. Some business agreements, however, are based upon verbal interactions and sealed…
