A common type of New York business litigation involves shareholder disputes. Five types of shareholder disputes form the basis of business litigation with some regularity: A breach of a shareholders agreement A dispute over the direction of company Fiduciary misdeeds...
Year: 2021
Do many business partnerships fail?
Studies have shown that the vast majority of business partnerships in New York end up falling apart. Despite this, thousands of people create new ones every year, seeing it as an easy way to cut costs and share responsibilities with other people. Business partnerships...
When the wrong drug is injected
People in New York need to be able to trust their medical providers. That's doubly true when they're facing a serious surgery that requires anesthesia. Patients must be able to trust that people are giving them the proper medications during an operation. When mix-ups...
Damages in breach of contract lawsuits
Everyone doing business in New York understands the importance of contracts. This crucial document outlines the rights and responsibilities of each party in a business relationship. When one side doesn't live up to his or her end of the agreement, that can cause big...
How arbitration is different from litigation
Arbitration is a private dispute resolution process in which parties agree to resolve their claims before an arbitrator as part of a more informal process than litigating a matter in court. Parties in New York and other states should be aware of several important...
What is a business breach of contract?
In your life, you'll most likely become a party to a contract. Thus, you need to understand your role and the other party's role in the contract. Additionally, you'll need to comprehend the basics of the laws that cover contract breaches. In New York, there are...