Businesses fall on hard times every now and then, and when financial problems arise it is important for that business to be honest with itself and take the proper steps to address the legitimate issues it is having. Ignoring the financial problems that confront you...
Business Litigation
Why business structures matter
Imagine for a moment that you are starting your own business. Let's say that you want to sell athletic sports equipment in your city. So you coordinate with the producers of the equipment and work with distributors to make your business vision become a reality. We've...
FOX, Verizon FiOS settle up after contract dispute
While the following story is hyper-localized to upstate New York, it still exemplifies how a contract dispute can affect businesses whether they are in Syracuse, New York or Cincinnati, Ohio. Over the month of January, FOX was not available to Verizon FiOS customers...
Will my contract stand up in court?
It might seem like tempting fate to consider whether a contract you negotiate with another party stands up to the scrutiny of the court. Relationships and circumstances change unexpectedly, so better to be safe rather than sorry. Ensuring that the contract contains...
Mergers, acquisitions and complicated business litigation
The path a business follows throughout its existence never follows a straight line. There are twists and turns, major events and precarious situations. When things gets tough, it is imperative that those in charge of the business have a concrete plan in place to...
Business bankruptcy on the rise? 2016 numbers say ‘yes’
It may seem counterintuitive given the implication of bankruptcy, but a commercial, corporate or business bankruptcy can be an opportunity for the company in question. Now, obviously there are some serious financial and legal issues that need to be addressed if the...
Will trade secret litigation increase in 2017?
Trade secrets are vehemently protected by their creators. Companies do everything they can to ensure that their secret manufacturing process or their secret ingredient is kept under wraps so that their competitors can't replicate their iconic and brand-making tricks....
CoStar, xCelligence head to court due to alleged IP infringement
When a company acquires another company or merges with another company, there are some serious legal matters that need to be tended to. Just one of these many issues is the matter of intellectual property. A recent news story exemplifies this fact. A company called...
When you’re not just business partners: 3 things to discuss before going into business with your spouse
If you're married to your business partner, you're not alone. Millions of businesses in the U.S. are jointly owned by spouses. It can be incredibly rewarding to build a family business, and when done well, your business and marriage can be stronger for it. On the...
Legal counsel critical when complex business litigation calls
Business litigation and legal action is a complicated area of law. Simply creating and establishing a company takes a lot of work and a lot of legal effort to achieve. Now consider what it takes to move that company under the umbrella of another, or to have that...