Mediation vs Arbitration: Which Fits Your Business Dispute?
Mediation helps the parties reach their own deal; arbitration hands the decision to a private judge with little room to appeal. Here is how to choose.
Corporate & Business Law
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How Limitation of Liability and Indemnity Clauses Work
The liability cap, the consequential damages waiver, and the indemnity decide who pays when a deal fails. How each works and which carve-outs to negotiate.
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When Does a Business Have to Issue a Litigation Hold?
A litigation hold is due once a lawsuit or investigation is reasonably anticipated, often before anyone sues. Here is the trigger, the scope, and the steps.
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When Does a Company Need a Board Resolution?
A board resolution records a decision the directors or managers must approve, such as borrowing, issuing equity, or a sale. Here is when one is required.
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What Should a Multi-Member LLC Operating Agreement Cover?
Without an LLC operating agreement, state default rules decide profit splits, voting, and exits. Here is what the document should settle before a dispute.
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How Do You Break a Deadlock Between 50/50 Business Owners?
Two equal owners who cannot agree can freeze a company. Deadlock clauses, buy-sell triggers, mediation, and judicial dissolution are the ways out.