Disputes between the owners can destroy a privately held business. In cases involving a family-owned business, they can destroy family relationships. In a recent case, the giant cheesemaker Leprino Foods and its biggest shareholders fought off a challenge from two...
Historically, contractual clauses known as “force majeure” have been used to protect parties from liability in case an unforeseen event such as war, terrorism or natural disaster prevents performance. The premise is that a party should be excused from fulfilling their...
When a business is exposed to complex litigation, the stakes can be extremely high - particularly when individuals are part of a lawsuit. One of the primary benefits of incorporation is that the structure shields officers and directors from personal liability arising...
A fiduciary owes a duty of personal loyalty and trust toward the person he or she represents. Fiduciaries are obligated by law to act solely in their clients’ best interest and to avoid any conflicts of interest – including personal conflicts. You should be able to...
Business disputes can take a while to sort out. In fact, some complex cases can take years to resolve. While you and your business certainly need sound legal representation as you try to negotiate settlement in your case, the issues aren’t necessarily resolved once an...
Louisiana business owners understand that in order to succeed, they must set goals and have the vision necessary to see things through to their completion. Starting a business with one or more partners can make a lot of sense if everyone’s noses are pointing in the...
When a small business is struggling to be successful, or just struggling to survive, competition from other businesses can cause a terrible strain. Ultimately, healthy competition can be productive, but sometimes competition is unhealthy or even illegal. Business...
When a loved one dies in Louisiana, it is unfortunate that there is often a dispute over their property. This is frequently perceived as happening if the person died intestate – meaning without a will. However, discord can also arise if the person had a will or other...
In Louisiana and across the nation, many successful businesses are based on partnerships. People join forces with their individual skills and talent to cobble together a unique and effective strategy and sell their idea or creation. That could be in any endeavor like...
Whether you suddenly and unexpectedly lose a loved one in a car crash or whether your loved one’s death came after a long, protracted illness such as cancer no one can deny that the death of a loved one can be a traumatic and life-changing event. Your entire world has...
