Executives, shareholders and managers at businesses are often privy to non-public information. They know if the company is about to announce a merger or the acquisition of a competing business entity. They know about pending patents that could give the company in...
Business Law
3 signs it may be time to buy out a business partner
A business partnership may allow someone without adequate capital to start a business more quickly than they would be able to otherwise. A partner can connect someone with key players in a local industry or business management experience when all they have is a fresh...
How can legal disputes impact a business?
When a company faces a legal dispute, the impact can be multifaceted, affecting various aspects of the business. Regardless of their nature or origin, legal disputes can significantly affect a company's operations, finances and reputation. Understanding these...
How contract disputes are typically resolved
When you enter into a valid contract with a Georgia company or any other party, you are bound by the terms of that deal. If the terms of the deal are breached, the breached party may have the right to seek compensation or other forms of relief. The exact remedies are...
The matter of an anticipatory breach
A breach of contract can be a serious legal issue that leaves one party suffering a loss. The injured party may expect the breach to occur once the contract expires and not before. However, not all contract breaches affect Georgia residents in this way. Sometimes,...
Tips for resolving business disputes
If you have business partners, there is a good chance that you won't agree on everything with those individuals. While many disagreements can be resolved with good communication and a willingness to compromise, serious issues may take more to resolve. In some cases,...
Should I consider adding an arbitration clause to my contract?
Many contracts these days include an arbitration clause. Perhaps you have seen the term arbitration used in service contracts with mobile phone companies and other businesses. They are common for a variety of reasons. What is an arbitration clause? An arbitration...
Why is due diligence important in an acquisition?
A smaller competitor decides to retire and approaches you about acquiring their Georgia company. This move would increase your market share and bring in customers in an additional niche. Due diligence will enable you to discover whether this potential investment will...
Georgia LLC operating agreement
In Georgia, having an operating agreement is not a prerequisite when starting an LLC. But it is one of the most important documents a company can have. Understanding an LLC operating agreement An LLC operating agreement is a legally binding contract between the...
Tips for growing your business in Georgia
Starting and running a business is not easy. When it comes to expanding it, things can be even more difficult. There are so many things to think about – from the initial planning stages to day-to-day operations. If you want your business to grow there are certain...