When you enter into a contract with another party, you do so with the expectation that everyone will fulfill their obligations under the terms of the agreement. However, it does not always turn out this way. The other party may fail to perform their part resulting in...
A Law Firm Built On Integrity, Perspective And Results
Year: 2023
A non-compete agreement can help protect your business
As a business owner, you’ve put in countless hours and resources to build your company from the ground up. You’ve worked hard to establish a successful business - from hiring the right employees to developing a strong customer base. However, with success comes...
Understanding actual and anticipatory contract breaches
Most businesses are founded on the grounds of a contract. A contract is a legally binding agreement between parties, which ensures everyone meets their obligations for the benefit of everyone. However, contracts can be breached and this can greatly affect business...
What can you do about minority shareholder oppression in Ohio?
Owning less than a majority share of a business can put you at risk of minority shareholder oppression. It occurs when those who own greater shares violate the rights of those who own less than half of a company’s total shares. Oppression of minority shareholders is a...
What are a creditor’s rights during Chapter 7 bankruptcy?
The consequences of filing for bankruptcy can be both far-reaching and enduring. One of the most significant implications is how it affects creditors and their rights to pursue a claim against the bankruptcy estate. If you are a creditor, understanding Chapter 7...
4 traits of a good business partner
You may be inclined to seek a business partner when starting a business. Someone who can take a considerable amount of weight of running a business off your shoulder and establish strong connections. Many successful companies wouldn't be where they are today without...
What is an exit clause in a commercial lease?
When a commercial lease is drafted, it may include a termination agreement or an exit clause. This gives the business owner a chance to break the lease early. However, very specific conditions need to be met in order for them to be allowed to do so. Additionally, it’s...