A common provision that is contained in many New York business contracts, a force majeure clause absolves the parties of their contractual obligations when it applies. This clause ends a contract when events beyond the parties' control occur and materially affect...
Commercial disparagement is a business tort, also known as trade libel, slander of goods or product disparagement. It happens when someone makes false statements about a business or the product it produces, which damages the company’s reputation. It can also cause...
Shareholders of corporations are essentially owners of the company. While the officers, directors and board members are responsible for the company's day-to-day operations, the shareholders are the real decision-makers. If shareholders believe one or more of the...
New York is a state that's full of thriving businesses. Some of these companies depend on more than one person to lead them. Unfortunately, it's rare for partners to agree on every matter. If you and your business partner can't come to an agreement, mediation is one...
Companies in business cities like New York are frequently forced to initiate legal proceedings. This is especially common when they have a deal with another firm and the contract is broken. However, lawsuits are costly and impossible for small businesses to pay...
New York is a state where many entrepreneurs spend their time running successful companies. With that said, it takes certain protections to help ensure your business runs smoothly. Considering that, many companies invest in employment practices liability insurance...
No business is immune to disputes, especially in form of disagreements between business partners. When these disputes arise, it is important to take steps to resolve them as quickly and efficiently as possible. Litigation should always be your last resort. Streamline...
Data security is an old risk for countless professionals and companies in New York that hold customer information. They have different ways to comply with data security laws from installing software to creating disaster recovery plans. If they face lawsuits, they have...
As a business owner in New York, you know it is essential to put systems in place to ensure good corporate governance. This will help protect your company from any potential legal issues and keep things running smoothly. Here are some steps you should consider....
Conducting business may require your New York company to interact with several different elements. Handling clients, employees or suppliers will require you to have clear policies in place to help ensure you stay compliant and avoid legal disputes. Ensuring you are on...