New business partners don’t typically think about anything going wrong down the road, however, business and personal disputes are often irreconcilable, and sometimes partners ultimately decide to break up the business. Ideally, businesses and business partners take the necessary steps to plan ahead for dissolution and alleviate much of the stress associated with typical business break-ups.
Complex Criminal Defense—Computer Crimes and Fraud
New Mexico news headlines were recently riddled with references to a case involving Governor Martinez’ former campaign manager and a federal indictment for “computer intrusion and false statement charges” that stemmed from the “interception of wire communications intended for others.” The increased use of, access to, and sharing of information has been mirrored by the increase in cyber crimes and …
Misrepresentation in Legal Contracts
Misrepresentation in a legal contract occurs when one party involved in the agreement knowingly or willingly entered into the contract asserting a fact that is not true.
Acting In Good Faith
What it Means for your Business When conducting business dealings and entering into contracts, you expect that the people that you are dealing with will be honest and sincere in their intentions to uphold your agreements. Similar to a breach of contract, when a business or person does not honor their end of the deal, but also misleads the parties …
Breach of Contract: What Happens Next?
When you enter into a business contract, you expect to hold up your end of the deal and expect the other party to honor their part, as well. When something goes wrong and the other party isn’t holding up their end of the deal, they have committed a breach of contract. So, what can you do against a business or party …
Tort Law: Protect Your Business
Sometimes protecting your business is not as simple as locking your doors at night and setting an alarm. It is not just your physical address that you need to protect—property can be intangible or intellectual. Attacks against those types of property by another business or by an employee can be very damaging to your business practices and reputation. Staying vigilant …
Equity: Dividing it Up Amongst Founders
You and your partners have the idea, product and resources to finally start the business you always wanted. This is a very exciting time for all of you and there is a lot to do. You have operating agreements, ownership agreements and a lot of details to finalize.
Is Franchising Right For Your Business?
You have fought hard for the success of your business. You have dealt with the financial and personal stresses that come along with owning your own business. Finally, things are going very well and you are thinking about franchising.
Business Exit Plans
Entering into a business venture is an exciting experience. All owners have contributed to the well-being of the business in one way or another and have varying roles in the organization after it is formed. Some owners might be hands-on and work as an employee of the business while others play a more silent role. There may come to a …
What Restrictions are there to Offering Ownership Interests to Investors?
In the business world, most ventures are formed with the idea that those involved have a personal investment in the company they formed. Each founder has put some sort of equity into the business, whether it is through funding, labor or intellectual property.
