Partnerships and closely held businesses can thrive when owners share a vision, values, and goals. However, when disputes arise, they can hinder growth, erode trust, and jeopardize the company’s future. In New York, certain disputes may even become grounds for judicial dissolution—a court-ordered breakup of the business. Understanding when this option...
Legal Strategies for Handling Partnership Disputes in Small Businesses
Partnerships are the backbone of many small businesses in New York. When they work well, they provide a shared vision, resources, and opportunities for growth. But when disagreements arise, they can strain relationships and put the business itself at risk. Disputes over finances, responsibilities, or future direction are common, and without a...
Legal Remedies for Business Owners Facing Online Defamation
Online defamation happens when false statements are posted on the internet in a way that damages a person or business. For business owners, a single negative review, misleading article, or false social media claim can spread rapidly, resulting in lost customers and reputational damage. If your business has been affected by...
Managing Deadlock Situations in Partnership Disputes: Legal Considerations
Partnership disputes can arise for any number of reasons and can seriously disrupt business operations. One of the trickiest situations is a deadlock. These standstill situations are surprisingly common, especially in businesses owned and run by friends and family. If not handled carefully, they can cause a company to fall apart.
The Role of Expert Witnesses in Commercial Dispute Cases
Commercial dispute cases can cover a variety of issues, from the simple to the complex. And the volume and intricacy of the evidence involved in these cases are often directly related to the complexity of the issues being disputed themselves. As such, having a reliable attorney in your corner and expert...
Legal Risks in E-Commerce and Addressing Disputes in Online Business
These days, it seems like everyone in the world is engaging in e-commerce. The dry cleaners you have been using for years may suddenly accept Bitcoin as a form of payment. Similarly, the family-owned pharmacy down the street may have created a website to allow people to make purchases online and pick...
Class Action Lawsuits in Commercial Litigation: What Business Owners Should Know
Liability is a serious concern for any business owner. If your business negligently harms someone, you could be the target of a personal injury lawsuit. Such a lawsuit could be crippling even for large businesses. For small businesses, it could be a death knell.
As bad as a...
Insurance Coverage Disputes in Commercial Litigation
Insurance coverage is essential in any business. Smaller businesses, in particular, often start with a Business Owner’s Policy that provides blanket coverage for common occurrences like losses, property damage, and lawsuits.
Depending on the size and type of business you have, you might also carry insurance specifically for things...
The Role of Alternative Dispute Resolution (ADR) in Commercial Cases
Commercial lawsuits between businesses and consumers, vendors, suppliers, competitors, or other organizations can be lengthy and expensive. They can interrupt business operations, impact productivity, and damage a company’s reputation.
Regardless of the type of dispute, going to court is often the worst-case scenario. However, there are other options. If...
5 Shareholder Agreement Mistakes Not To Do
Perhaps one of the most important pieces of advice for entrepreneurs and small business owners is to ensure that everything is put in writing. Contracts and agreements are essential to protecting yourself and your business interests against future uncertainties.
Unfortunately, the excitement of starting a new business with others...