Contract Disputes Against Large Companies – When Goliath Breaches a Contract With David
So, you’re a business owner and you have a contract with a large company. You recently had an issue with how Goliath performed their obligations under the contract—perhaps because Goliath hasn’t paid, or maybe Goliath made unreasonable requests outside the scope of the contract. In this David versus Goliath scenario, you (i.e., David) may feel […]
Protecting Your Business and Keeping the Competition Honest Online
The Illinois Uniform Deceptive Trade Practices Act (815 ILCS 510/1) is a lesser-known Illinois statute that can help protect your business from a competitor’s unfair tactics. For example, perhaps your former business partner may advertise your reputation or successes as their own. Or, perhaps a competitor lied about their product quality or service success to […]
Conflict Resolution – When Litigation Has a Happy Ending
After a dispute over milestone payments disrupted a 2019 collaboration on heart medication, Daiichi Sankyo and Esperion Therapeutics have reconciled their differences with a $125 million settlement. Settlement Terms Esperion filed a lawsuit in March 2023 for breach of contract over missed payments, but the case was resolved in less than a year. The settlement […]
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 […]
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 […]
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 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, […]
What Happens at an SEC Interview?
An SEC investigation is a high-stakes matter for you and your business. If the agency files civil charges, it can be devastating, reputationally and financially. The SEC investigation process can be complex and opaque. However, experienced attorneys know that the agency likes to speak to witnesses during an investigation, both those who have information and […]
Why Do You Need a Lawyer in a Legal Malpractice Case?
When you hire an attorney, you expect them to provide honest and competent services. Your attorney must follow rules of professional responsibility, and they owe you a fiduciary duty. Unfortunately, not every attorney can or will provide the legal services and representation they should. This can often cause you serious harm as a client. When […]
