“Disputes emerge in times of upheaval, and it appears that nearly every kind of upheaval is happening right now,” observes…
Arbitration is a way to solve a dispute legally. An independent third party will determine the resolution to the dispute in a private setting. An arbitration hearing can use either a tribunal or an individual arbitrator. A tribunal is typically made up of several arbitrators. It is customary in most settings to have an odd number of tribunal members in order to avoid a tie. The parties who are involved in the dispute will hand their power to decide the dispute over to the arbitrator. Arbitration is just as binding and final as litigation and it is a valid alternative to going to court. It has been given the nickname the “business man’s method of resolving disputes.” However, the procedure is governed by both state and federal laws. Many states contain the provisions for Arbitration in their civil practice rules. This helps to provide a guideline for the procedures of Arbitration as well as how the arbitrator’s decision is to be handled. There are several states that have adopted the Uniform Arbitration Act while some states have laid out some very specific guidelines which govern arbitration.
Commercial litigation, also referred to as business litigation, is a branch of law that deals with the numerous forms of…
A large part of running a business is creating and signing contracts, whether that be with buyers, sellers, investors, partners,…
Marriages can be challenging, and unfortunately, more than half of them end in divorce. When a divorce occurs, the process…
The ongoing court case between e-commerce giant Amazon and Future Retail Group of India took another interesting turn on November…
While the coronavirus pandemic shuttered businesses and destroyed livelihoods around the United States over the past year and a half,…
Although the word lawyer conjures up a myriad of stereotypes that have persisted over the decades, the truth is that there are many types of lawyers who practice in different areas with varying skill sets. While some specialize in prosecuting or defending criminals, others advocate for environmental issues or civil rights. In addition, many lawyers go through their entire careers without ever entering a courtroom.
A business lawyer, on the other hand, takes care of the legal issues involved in operating a business. Whether it’s a startup or an established company, a business lawyer can be very helpful for almost every aspect of running a business.
Businesses often take on debt for many reasons whether they are expanding, upgrading their equipment, or overhauling their existing infrastructure. Sometimes, however, these debt obligations become too great for them to handle. As a result, they often find themselves at the mercy of commercial debt collection agencies.
Often, however, business owners make the mistake of thinking that they enjoy the same debt protections as consumers. The Fair Debt Collection Practices Act (FDCPA), however, was enacted to help consumers and, therefore, does not apply to businesses. Nevertheless, business owners on both sides of this equation are protected by commercial debt collection laws. The key is for businesses to know which laws apply to their situation.
In the competitive landscape of Google search results pages (often referred to as SERPs), a top ten (or page one)…