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...
Commercial Litigation
Can lawsuits name individual corporate officers?
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 breach of fiduciary duty lawsuit could be costly
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...
Louisiana business’ case shows power of enforceable settlements
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...
What happens if your business partner is cheating you?
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...
Understanding unfair business practices
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 business partners have a falling out
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...
Members of an LLC have certain fiduciary duties to fulfill
In Lafayette and across Louisiana, those who are trying to start a business will have many business entities to choose from. One of the more popular structures is a Limited Liability Company (LLC). With an LLC, the members’ personal assets are generally shielded if...
Can you tell if your business partner is cheating you?
As a co-owner of a business in Lafayette, you’ve worked hard to get where you are. You and your co-owner both put time and effort into this work, but you’ve noticed that the other founder isn’t as invested as they once were. If you’re convicted that they’re cheating...
What companies should know about unfair business practices
No matter how hard you try, your business may not always satisfy every customer or client. However, if someone accuses your business of using unfair business practices, you need to investigate that. Your company could end up facing a lawsuit over using unfair business...
