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Being served with a lawsuit can be an intimidating experience for any business owner. However, it is crucial to remain calm and take immediate action to protect your business’s interests. In this blog post, we will provide a comprehensive guide on what to do if your business is being sued, offering practical steps to navigate […]
In most situations, it is courts have the discretion to determine whether a contract is void or voidable. When determining whether a contract will be treated as void or voidable courts consider a variety of factors. Here are some of the factors that courts may consider: The practical implications of having a contract determined to […]
If you are operating your multi-member limited liability company (LLC) without an operating agreement, you are exposing yourself to many risks that could easily be avoided. Operating agreements are essential documents that govern how your LLC will operate, including its management structure, allocation of profits and losses, and the rights and responsibilities of its members. […]
Anticipatory repudiation is a legal term that refers to a situation where one party of a contract explicitly or implicitly communicates to the other party that they will not fulfill their contractual obligations. This can occur before the performance is due, and the communication can be in verbal or written form. In simpler terms, anticipatory […]
Employment agreements are contracts that are signed between an employer and an employee. These agreements lay out the terms and conditions of employment, including the duration of the contract, the job duties, the compensation, and the grounds for termination. Employment agreements are contracts that are signed between an employer and an employee. These agreements lay […]
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