Many entrepreneurs are likely aware that business partnerships have many upsides; they allow business owners to combine resources and expand their networks to achieve mutual goals. However, it’s crucial to acknowledge that even the most promising partnerships can face...
Business Disputes
Piercing the corporate veil: Why it is done
The “corporate veil” refers to the legal distinction between a corporation and its shareholders – which is generally designed to protect the latter from being personally liable for any of the company’s debts. However, there are times when it may become necessary to...
What is unfair competition in business?
The old adage says that “a little competition is healthy,” and that’s true in business as much as any other aspect of life. Healthy competition gives consumers real choices – and it encourages companies to be both responsive to their customers’ needs and innovative...
Common shareholder disputes and how to solve them
Majority shareholders and top-level executives are usually responsible for making major decisions regarding the running of a business, as they own the major stake in the company. Still, the minority shareholders have rights, and it is not uncommon for disputes to...
How to fight fraudulent exemption of execution claims by debtors
If you are owed money from a bankrupt individual who lied about their income or who claims they cannot pay your secured debt because their property was exempt from execution, you may have some legal recourse to reclaim the funds due. One way is to fight the debtor's...
The most common ways to resolve partnership disputes
There are several ways to operate a business in Florida. Considering that, partnerships are often great for people who don't want to run a company by themselves. With that said, there's no guarantee that every business-related partnership will stand the test of time....