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Contract breaches can be frustrating and inconvenient. They can disrupt company operations and cost an organization money. In the worst-case scenario, a breach of contract can cause a ripple effect of negative consequences, including challenges fulfilling outside...
Preparing for mergers and acquisitions is a lengthy process. Business leaders need to perform their due diligence regarding the resources and obligations of the other company. They need to take steps to prepare to combine company operations and cultures. They even...
Conflicts can sometimes arise when one business partner wants to exit the partnership before the other is ready. The partner who remains may even claim that the other person is abandoning the business and causing significant harm. Ideally, the way that someone exits a...
Negotiating the details of a commercial lease is critical for the protection of both the tenant and the landlord. There are numerous different classes that either party may want to include in the lease. Commercial tenants hoping to open a new coffee shop or an oil...
Business contracts generally contain an assortment of different clauses. The exact inclusions depend in part on the nature of the contract and the relationship between the parties establishing a written agreement. Business leaders negotiating contracts with new...
For many business owners, their path to achieving success in their industry began when they started their business from nothing. Maybe it was a small business that they started with loans, and they helped the company grow over time. Maybe it was even a side project...
Companies grow through a variety of means, two of which are mergers and acquisitions. These terms are sometimes used interchangeably, but they are very different actions. Understanding how these differ is critical if a company is going to use one of them to expand. ...
When you purchase a new commercial property, it may come with an easement. It is important to understand what this means and how it can affect your use of the property. An easement typically gives another entity the ability to access the property, although they...
Business contracts need to be basically fair to all parties who sign on to them to be enforceable. They can negotiate for terms they want or need and keep out terms that could harm them. However, if any part of a contract – or the contract as a whole – is...
In some cases, businesses will go through a merger, which is when two companies come together as one. But there are other situations in which a large company will simply buy smaller business entities, acquiring them outright and absorbing them. Both tactics can be...