Flood Safety Awareness Week was recently observed across the nation and residents are impelled to do everything possible to prepare for a flooding event, which can easily impact their homes and the surrounding area in which they live. Across the United States, this is...
Most businesses prioritize running smoothly. However, for businesses large and small, litigation over commercial disputes can oftentimes seem inevitable. These disputes can be extremely disruptive for a business, siphoning time and resources from a company’s ability...
For business owners, if one is successful, commercial disputes and litigation are just a fact of life. At some point, a commercial dispute will happen, and depending on how it is handled, it could lead to litigation. Though, what some business owners may not realize...
The term fidelity bond often refers to a type of insurance policy that many companies will carry. The term can also refer to a type of surety bond. No matter how one uses the term, companies that carry fidelity bonds are often in lines of business that require a...
As a creditor, you or your organization may receive a request from a troubled business to consider a change to a prior contractual arrangement. If a business can show it has an ability to recover, it may ask that you consider its request as an alternative to filing...
Franchise agreements typically contain provisions business owners must follow to maintain consistency with the corporation's brand. Terms may outline how a company requires franchisees to uphold its operating strategy and sell products or services. Contracts include...
If you experience a financial loss because of a company's breach of duty to its shareholders, you may file a legal action. Whether you own shares in a private or publicly traded enterprise, the outcome may result in a company changing its directors, management or...
A breach of contract involves one of the parties to the agreement doing something to break the terms. To prove a breach of contract, you must have proof that a breach exists. According to the University of New Mexico, to win a breach of contract case, you must prove...
New York construction contracts are often the centerpiece of a project. If something goes wrong despite precautions, you may experience a significant financial loss. Negligent construction, engineering problems and defective materials can put your real estate project...
When your company enters into a contract with a new business partner in New York, you likely feel a great sense of security due to the assumption that your agreement will remain intact provided you fulfill your terms of the agreement. Yet is that assumption correct?...