Friday, July 30, 2010

Business Issues that may be settled through Litigation

Someone who wants to start his own business should not only have the knowledge in handling the financial venture, he should also know the laws that are useful to his business’ operations. Such laws encompass employment principles, company rules, consumer rights, etc.

But every day is not always a good day for business, for they are some circumstances that may put the owner and his enterprise in peril. Cases like these are serious subjects that may be handled through business and commercial litigation.
  • Breach of Partnership
  • Confidentiality Agreement
  • Debt Collections
  • Employer-Employee Relations
  • Non-disclosure Agreements
  • Shareholder Derivative Suits
  • Shareholder Dispute
In order to bring your company on track, a good lawyer who has a deep understanding of business law should also be considered. No matter how big or small the business is a lawyer may definitely lend a helping hand to business owners when it comes to some issues, even those that don’t involve litigation.
  • Contracts – Businesses deal with a lot of contracts. From acquiring raw materials to partnership, and even down to its ordinary employees, almost all aspects of running a company deal with agreements. Owners should know the importance of making a contract and agreeing on it in order to minimize the risk of lawsuits.
  • Registering/ License/ Permit – Before they can be allowed to open, businesses need to register and acquire a license to operate.
  • Control – A lawyer may help a business owner decide on whom to give control or authority regarding the business operation.
  • Multi-state business – There are different conditions in every state when it comes to putting up a business. Knowledge of such is helpful to those who want to expand their company to other states.
  • Capital – Raising funds, recording income distributions, and being smart when it comes to financial choices are procedures that may help keep the business running.
  • Autonomy – "Uniform Laws" fill the gaps for companies that do not have charters, by-laws or other organizing documents regarding particular matters.
  • Tax – Companies are expected to adhere to tax regulations set for the type of industry.
  • Liability – Businesses are subjected to personal liability, which means that everything is at risk. A lawyer may help minimize this risk by avoiding situations that may pose threat to the owner and his business.

The Mesriani Law Group has a wide range of legal resources as we work with the best lawyers and litigators in each state across the United States. We offer a unique attorney directory where you can find a lawyer's location and area of practices. For more information contact Mesriani Law Group at 310-826-6300 or visit the main office at 12400 Wilshire Blvd. Suite 810 Los Angeles CA 90025.

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