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business litigation Archives

What monetary damages can be sought in a breach of contract case?

Brevard County companies often put a great deal on the line when they agree to a business contract. In fact, it is not uncommon for a broken contract to hurt one party so badly that it needs to shut down its business operations entirely.

Legal problems continue to mount for popular burrito chain

It's been a difficult year for Chipotle Mexican Grill Inc., the ubiquitous burrito chain long known for its dedication to using fresh and healthy ingredients. That's because in the wake of a food safety scandal that saw customers across the nation sickened by norovirus and E. coli traced to contaminated foodstuffs, the company's stock price fell by almost 50 percent.

Understanding the fiduciary duties of directors, corporate officers - II

In a previous post, we began discussing how the business entity of choice for many entrepreneurs is the corporation owing to its provision of limited liability to directors and officers. In other words, these parties cannot be held personally liable for the debts and obligations of the corporation, such that their personal assets are protected.

Understanding the fiduciary duties of directors, corporate officers

Without a doubt, one of the most important decisions that a group of entrepreneurs will ever have to make is how they choose to organize their business. That's because each possible option -- from a limited liability company to a limited partnership -- has its own set of unique attributes covering everything from liability to tax treatment.

Track star hit with breach of contract lawsuit weeks before Olympic trials

With the 2016 Summer Olympics in Rio de Janeiro only a few months away, athletes across the nation are now stepping up their training regimens in preparation for the upcoming trials, as their performance there will dictate whether they are part of Team USA.

Will federal lawsuit prevent maiden sea voyage to Cuba?

President Obama made headlines last month when he became the first sitting Commander-in-Chief to visit Cuba since 1928. Indeed, his historic visit to the island nation marked the latest step in our nation's rebuilding of ties with our former Cold War foe, which, to date, has seen trade deals implemented, and embassies reopened in both Washington, D.C., and Havana.

Helping protect the bottom line when business disputes arise

From managing inventory and balancing the books to developing new offerings and ensuring compliance with local ordinances, the work of a business owner is never really done. Indeed, there often aren't enough hours in the days for these determined entrepreneurs, all of whom want nothing more than to see their operations thrive.

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