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Understanding Business Liability Insurance Coverage

If you have questions or need assistance with Business Liability Insurance Coverage, reach out to John and his experienced team at Clark Law Firm PC today.

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Using DIY Legal Templates in Business Can Be Disastrous

In this day and age, you can do almost anything online or through your smartphone: Order food, find companionship, read reviews of the best entertainment options, make investments, and much more, including the creation of legal documents for you and/or your business.

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Knowing When Your Business Should Pursue Litigation

If your business becomes embroiled in a dispute, you may feel the urge to take legal action to seek a resolution. There are different factors that you should consider, however, in order to determine when your business should pursue litigation.

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Business Litigation and the Discovery Process

When two or more parties or entities are involved in a business deal, a disagreement or dispute may occur, which could lead to a business lawsuit. The discovery process remains a crucial part of every business litigation that allows all parties involved in the litigation to obtain information, documents, and facts from the opposing party.

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The Difference Between “Material” and “Immaterial” Contract Breaches

Contracts are a basic component of our everyday lives, especially if you have a business of any size. Sometimes, one party fails to fulfill the terms outlined in the contract, leading to a breach of contract. But not all breaches of contract are equal. Some breaches may be deemed as material while others are immaterial.

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Important Elements of Proving Business Fraud

Business fraud is a serious offense that can have devastating consequences if left unaddressed. It can lead to significant financial losses, irreparable damage to your reputation, and even bankruptcy.

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Preparing for Business Litigation

Operating a business is not always smooth sailing. Disputes can arise from customers, employees, vendors, and service providers. Some disputes may involve contractual agreements, with one side accusing the other of breaching the terms.

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The Key to Drafting an Enforceable Shareholder Settlement

When shareholders are in dispute, it can be difficult to come to a resolution that both parties can agree on. In these situations, shareholders are often tasked with drafting a shareholder settlement as a way of resolving their disputes.

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Should You File a Derivative or Direct Shareholder Lawsuit?

Corporations operate in every state, but they may be registered in corporate-friendly states like Delaware, California, New York, and even Nevada. Nonetheless, corporations are owned by their shareholders, that is, those who own shares in the entity.

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The Importance of Indemnity Clauses

Indemnity clauses, also known as hold harmless clauses, are commonly found in commercial contracts. In general terms, they require one party to indemnify the other should a loss occur because of a third-party claim that results from that one party’s breach of contract. Thus, the other party is held harmless, or not liable for any losses.

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