Small businesses use contracts to protect themselves as they work with other businesses. These documents outline the responsibilities of both parties and set the standards for what happens if the contract isn’t followed. When one party doesn’t meet its obligations,...
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How do force majeure clauses affect contracts in unforeseen events?
A force majeure clause is a provision in contracts that addresses unforeseen events that prevent a party from fulfilling their obligations. These events are typically beyond the control of the parties involved and may include natural disasters, wars, strikes, or...
Health code violations: What are your options for resolution?
New York enforces strict rules to uphold food safety in restaurants, bars and other food service establishments. That is, the New York City Health Department conducts random inspections of all establishments every year. An “A” grade generally means a place is clean,...
When should business owners consider bankruptcy?
Many business owners face tough financial decisions. While the word “bankruptcy” might sound scary, it actually serves as a legal tool that can either help restructure your business debts or provide an organized way to close operations. Knowing what bankruptcy options...
Crafting contracts that safeguard your business
In today's fast-changing business world, well-written contracts are your first line of defense against potential disputes. Let's look at some key strategies to make your agreements stronger and reduce legal problems. Clear and specific language Vague terms can lead to...
What makes a contract valid in New York?
Teaming up with suppliers and other third parties could be essential to scaling operations when running a business. These steps could be exciting, but these transactions and agreements might have legal implications. Before shaking hands and popping the champagne, it...
5 common business formation mistakes to avoid
Starting a new business is an exciting phase for every entrepreneur. It is exhilarating to take the first steps toward turning your vision into a reality. However, in your enthusiasm to start, you might make critical mistakes during the business formation process....
How can a contract prevent business partnership disputes?
In the world of business, disputes among partners are an inevitable part of the journey. Moreover, managing these disputes can impact the success and reputation of a business. If well-drafted, a contract can help manage expectations and minimize disputes. However,...
Using mediation to resolve a legal dispute on Long Island
Legal disputes, such as a disagreement over the meaning of a contractual clause, frequently lead to trials, and trials are time-consuming and expensive. For years, judges and attorneys on Long Island have struggled to find a solution to this problem. Over the last...
Three powerful defenses to a breach of contract claim
Contracts make the business world function efficiently. While these written agreements can clearly spell out expectations and obligations in business dealings, the terms of a contract aren’t always upheld. When this happens, breach of contract lawsuits can crop up. If...