Alternative dispute resolution is an all-too-often overlooked tool for businesses, and mediation in particular often gets short shrift. Mediation offers many potential advantages to business owners seeking to resolve their disputes, either with other businesses or with their own employees. It can be worth considering the next time you find yourself in a legal or financial dispute as a business owner. Continue reading “Mediation as a Tool for Businesses”
Category: Business Law
Four Ways to Resolve a Breach of Contract
Businesses can live and die based on their reputations for abiding by their contracts. Nevertheless, there are constantly situations where businesses accuse one another of a breach of contract, whether due to negligence, malfeasance, or a simple misunderstanding. When that happens, there are a few possible ways to resolve the dispute. Continue reading “Four Ways to Resolve a Breach of Contract”
Four Problems That Can Arise from a Merger
A business merger can be an exceptional opportunity for any company looking to expand its market presence and its profits. And while it is true that a merger can offer many benefits, it can also come with many potential problems for the unwary. Here are just a few potential problems to watch out for when it comes to mergers. Continue reading “Four Problems That Can Arise from a Merger”
Facebook’s New Cryptocurrency Faces Regulatory Scrutiny
Facebook intended to launch a new cryptocurrency, known as Libra, but it has faced increased scrutiny from regulators, both in the United States and abroad. Libra would supposedly have permitted financial transactions to be done worldwide, without relying on Wall Street banks or other financial institutions. Although Facebook had initially managed to secure the partnership of major companies like Mastercard, Visa, eBay and PayPal, most of these partners have since dropped their support. As a result, Libra appears to be in serious trouble, and it is unclear whether it will ever launch at all. Continue reading “Facebook’s New Cryptocurrency Faces Regulatory Scrutiny”
Employers No Longer Required to Allow Union Organizers in Public Spaces
The National Labor Relations Board (NLRB) recently ruled that employers no longer needed to permit union organizers in “public spaces” on their own property. As noted in an article in the National Law Review, this overturns 38 years of NLRB precedent, which previously required employers to allow union organizers to advocate in certain areas of the employer’s property that were open to the public. Continue reading “Employers No Longer Required to Allow Union Organizers in Public Spaces”
What is a Choice-of-Law Clause?
Doing business across state (or even national) lines used to be relatively uncommon, but now these kinds of far-flung business transactions are an everyday occurrence. While this opens up plenty of opportunities for businesses seeking new markets and greater profits, it also brings inevitable legal complications as trade jumps across jurisdictions and brings laws from distant lands into conflict. For these sorts of disputes, there is a relatively simple workaround, however, known as the choice-of-law clause. Continue reading “What is a Choice-of-Law Clause?”
Four Things You Need to Know as a Shareholder
If you’re a shareholder in a corporation, you have certain rights, and not just the right to receive a dividend or sell off your stock for money. Shareholders are, after all, essentially the owners of a corporation, and as an owner (or, at least, a part-owner), you’re entitled to have a say in how your company operates. However, not all these rights are obvious and may require you to do a little extra legwork to enforce them. Continue reading “Four Things You Need to Know as a Shareholder”
What is a Business Merger?
Business is often seen as an adversarial activity, one where everyone competes for a slice of the economic pie. But sometimes you don’t want to beat the competition, you want to join them. Or, at the very least, you want to acquire their assets and resources to increase your own company’s growth potential. That’s when you start looking at the possibility of a merger. Continue reading “What is a Business Merger?”
Double Taxation: How Can a Business Get Taxed Twice?
If you’re a business owner, chances are you’ve heard of “double taxation,” and the scourge it presents to business owners. Indeed, double taxation can eat into a company’s profits and aggravate any financial issues you might be having. But how is it possible for a business to be taxed twice? Is that even legal? Continue reading “Double Taxation: How Can a Business Get Taxed Twice?”
Breaking Up a Business is Hard to Do
Starting your own business can be difficult and stressful, and running that business can be even more so. However, breaking up a business and wrapping up its affairs can be difficult in its own way, if you’re not appropriately prepared. However, how hard it is can depend on how your business is organized, and how many other people own the company you’re trying to break up. Continue reading “Breaking Up a Business is Hard to Do”
