What Are Your Shareholder Rights?
A well-known theory of shareholder rights states that the shareholders are the only group for which the company is responsible. Those who invest their money in ownership are the company’s economic engine, and the law protects investors so they can have confidence in their investments. Otherwise, businesses will not have the capital to maintain operations […]
What Situations Call for an Insurance Litigation Attorney?
Insurance companies will make all sorts of promises when they attempt to get your business. They present themselves as an oasis of stability during difficult times, claiming they will help you when needed. Customers believe the sales talk and are often shocked when the insurance company turns around and denies their claim or offers them […]
How Can a Commercial Litigator Help With Shareholder Disputes?
As a shareholder, you may have to litigate a dispute. A violation of a shareholder agreement or another conflict can cost you your investment. You may have suffered damages, or you might face future harm. Never try to handle these high-stakes matters alone. If you have a legal dispute regarding your shareholder rights, never wait […]
What Is a Material Breach of Contract?
A contract is an exchange of promises. Each party promises to do (or not do) something. A legally valid and binding contract requires a consideration. In legal terms, this means that each party is giving something to the other that is not illusory. Once the parties agree to the terms and sign the contract, each […]
Understanding Shareholder Equity Owner Rights
When you purchase or hold shares in the company, you own part of the company, which comes with certain rights. While every shareholder has some protections and legal rights, not every shareholder class is the same. Further, bondholders may have even more say or protection, even though you own part of the company. Nonetheless, state […]
How to Calculate Damages for Breach of Contract
If another party breached your contract, you have a legal right to damages when you can prove your case. There are many measures of damages in a contract case, and you must be precise when you go to court seeking damages. Before you can go to court or negotiate a solution, you must know how […]
Proving a Legal Malpractice Claim
When you hire an attorney, they take on fiduciary responsibilities to you since you are in a relationship of trust. You do not have legal knowledge. Thus, you rely on your lawyer to counsel and act on your behalf. Like any fiduciary, your attorney owes you the following obligations: Every attorney should be well aware […]
Accused of Unfair Competition? What Are Your Next Steps?
Unfair competition laws protect companies and consumers from wrongful acts that impede a healthy, competitive business market. Sometimes, the application and enforcement of this law can put a target squarely on a business’s back. How your business deals with and responds to any unfair competition allegations can mean the difference between large legal liability and […]
What Is Legal Malpractice?
Legal Malpractice in Illinois: Understanding the Impact and Importance People hire attorneys because a legal problem takes up their time, money, or harms their reputation. Furthermore, most people cannot handle these legal problems on their own. When clients seek representation to navigate often complex legal matters, they put their trust in a lawyer for sound […]
What Are the Rules of Evidence?
In the complex world of legal proceedings, the rules of evidence play a crucial role in determining the outcome of a case. The federal rules of evidence can be challenging to wrap your mind around, but understanding these rules is fundamental for anyone involved in the legal process. The following article explores the intricacies of evidence rules, […]
