Disputes can arise from anywhere in a business, posing varying threat levels to an organization. One of the most challenging dispute types is those arising from shareholder issues. They can happen because of complex and unique circumstances, often causing...
Commercial Disputes
Understanding your collection rights as a creditor
Payment collection is rigorous process for creditors, especially since some situations require assertive negotiation and legal reliefs to secure claims and rights. Whether you are representing a credit union, bank, business or are an independent lender, it is...
The legal implications of owning a business
Businesses of all sizes face numerous challenges daily because of the different relationships that exist internally and externally. When you own a business, you must deal with all kinds of personalities: demanding clients, employees, vendors and even financial...
When does termination for convenience become inconvenient?
There can be several reasons to terminate a contract. In the U.S., one of these reasons is through a termination for convenience clause under the Federal Acquisition Regulation (FAR). The termination for convenience is a mechanism that allows the government to adapt...
What are my options if my vendor breaches our contract?
Companies enter into multiple agreements to adequately operate their business. Contracts with investors, vendors and employees are part of running the business. On that account, a breach in one of those contracts can interfere with business operations. Thus, it is...
Do I need a fidelity bond?
If you run a business in Tarrytown, New York, you may have heard of fidelity bonds and wondered if you need one. A fidelity bond is a type of insurance that protects your business from losses caused by dishonest or fraudulent acts of your employees. Fidelity bonds are...
When does price-fixing violate federal antitrust laws?
Price-fixing occurs when competing businesses conspire to agree to sell the same products at the same price. Consumers expect that they will have a choice in what to buy based in part upon its price, which they expect to be influenced by supply and demand....
Can mere competition cross the line into wrongful interference?
One of the main goals of most businesses is to have the potential to engage in business relations with other businesses, customers or third parties. Still, the business world can be cut-throat. Competition is fierce. However, when does mere competition cross the line...
Guiding you toward resolution in a commercial dispute
Construction projects in New York and New Jersey can quickly go from straightforward to complex. With so many working parts and parties involved, it’s not uncommon to encounter difficulties. While some of these problems can easily be resolved, others evolve into major...
What can go wrong after signing an equipment lease?
When things go as expected, equipment leases can be beneficial for all parties involved. For a New York area business, an equipment lease can offer some financial benefits. These benefits include predictability of payments, not having to pay for repairs and being able...