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Category Archives: Business Law

4 Potential Lawsuits to Watch Out for in Small Business

A comment on this article: Just to add a little additional information with regards to a breach of contract. If you are having a disagreement concerning the performance under a contract it can be beneficial to discuss this with an attorney early in the process. There are a lot of legal technicalities related to issues […]

Pros and Cons of a Limited Liability Company

While I agree with most of what is said in this article, there are a few points that I would like to add.  The LLC will generally provide liability protection to its members.  However, if it is a single member LLC that ends up in bankruptcy, some bankruptcy courts have refused to recognize limited liability.  […]

Five Most Common Lawsuits

The risk of a lawsuit can be greatly mitigated with appropriate insurance. The type and amount of the insurance should be based on the type of business that is being operated. Businesses that are engaged in hazardous activities or whose premises are open to the general public are at greater risk. The business owners are […]

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