As a business owner, you spend your days working to make the company more successful and profitable. However, you need to prepare for the possibility that things can go wrong. Here are four common disputes that could result in litigation. 1. Business-to-business...
Business Law
4 options for resolving a business partnership dispute
From pooling financial resources to collaborating on ways to maximize a company’s potential, business partnerships can be powerful when parties get along. However, business relationships can also be complex and changeable. If things between partners begin to sour,...
How do cybercriminals target businesses?
No matter the size of your business, cybercrime can not only destroy your reputation, cost you money but it can lead to litigation against your company. According to IBM, cybercriminals have sophisticated tools at their disposal to attack companies. To protect your...
Does my business need a succession plan?
Even the most dedicated business owners will need to step away from their commercial enterprises at some point. Whether you end up selling your business or retiring, you must have a plan in place to ensure it continues to thrive long after you have passed over the...
Can a non-compete agreement prevent me from earning a living?
A non-compete clause is a standard part of most employment agreements. Its purpose is to protect the company from losing business and valuable employees. Refusing to sign a company's non-compete agreement may cost you the job. If you have already signed one and find...
What is “termination for convenience?”
Like many business owners or executives in Massachusetts, you may believe that the only way a contracted partner can prematurely terminate its relationship with your company is if you provide them with cause to do so. Yet that is not the case. Indeed, a legal...
3 non-monetary solutions to commercial contract disputes
From securing service and supplier agreements to leasing or purchasing commercial property, legal contracts are vital to American business. In the U.S., the Uniform Commercial Code ensures that business owners can rely on consistent enforcement of contractual terms if...
Why would a court refuse to enforce my business contract?
You may enter into and breach more contracts during the regular course of business than you think. However, when your contract partner fails to adhere to the point that it negatively influences your operation, you may have to petition a Massachusetts court to enforce...
Is a non-compete agreement binding?
Employers often use non-competition agreements. These documents are usually signed as part of the usual orientation process but can be signed at other times. The employer's goal is to keep company information and trade secrets from competitors, but also to maintain...
Help your family business adapt to a major change
Lately, business owners are not strangers to big-time challenges. But whether a change is brought on by mass economic upheavals like those that result from a pandemic, or an owner has left or died, the life of your business may depend on how you respond to the change....