When starting and running a business, some fundamental components are vital to operations. To keep the wheels turning smoothly, business owners typically employ various tools, including contracts, whether to establish partnerships or conduct transactions. Despite...
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Business Litigation
How to handle a joint venture dispute
If your California business enters into a joint venture agreement with another firm, it's imperative to have a dispute resolution plan. Doing so ensures that you can exit the alliance in as timely and smooth a manner as possible whether the problem was intentional or...
The purpose of a force majeure clause in a contract
All California businesses rely on contracts, some of course to a greater extent than others, and these documents set forth the rights and responsibilities of the signatories. There are times when one or both parties can’t fulfill the terms of a contract, and that is...
What is defamation per se?
Making false claims about another person could lead to legal troubles. The same could apply to a business enterprise. False statements that hurt a person or business's reputation and cause them to suffer losses may not go unanswered as the victim could file a lawsuit....
How to deal with anticipatory breach of contract in California
All parties must meet contract obligations for a business to operate successfully in California. It is what's right under the law. However, some individuals or entities may fail to fulfill their contractual obligations. But before they do it, you'll notice signs of...
How to stop corporate officers from harming the company
Corporations are complex entities that involve many conflicting interests. Sometimes these internal tensions can cause corporate officers to act in ways that harm the company. In such a situation, shareholders aren't helpless. They may be able to bring legal action...
Partnership disagreements and business litigation
Disagreements between business partners can lead to lawsuits in a California courtroom. Sometimes, it may be difficult to straighten out the disputes between parties, making it advisable to avoid legal troubles and litigation. Some steps could be taken to resolve...
The most common types of fiduciary relationships and why they exist
Most adults make many decisions each day. For assistance with serious decisions involving your life, money or both, many California adults hire help from professionals or organizations. By law, these people and companies must follow fiduciary duty. What fiduciaries do...
Apple continues under fire because of app policies
Apple, Twitter’s largest advertiser, withdrew many ads from the platform after Elon Musk took over on October 30, 2022. After some tweets by Musk about Apple’s 30% fee collected when users of iPhones and iPads use their apps to make purchases, Apple CEO Tim Cook and...
The basics of the business judgment rule in California
For any company in California to run successfully, shareholders must elect directors to make decisions that propel the business forward and ensure profits. However, all decisions carry some risk; therefore, it would seem unfair for shareholders to punish the directors...