Contracts are the backbone of almost every business transaction. They are legally binding agreements that outline the terms, conditions and obligations of all the parties involved. However, there are times when one party may rely on a promise made by the other, only...
When a breach of contract happens, it’s only natural for the aggrieved party to ask the court for a remedy – but what if they don’t take action within a reasonable amount of time? The longer the time that passes between an incident and the lawsuit that follows, the...
Business partnerships fall apart all the time, and most partnerships are prepared for the possibility. When it happens, either the partnership agreement or the company’s operating agreement usually provides the guidelines for a dissolution. What happens, however, if...
Shareholders play a significant role in a business. While they are not involved in the day-to-day running of a business, they can vote in management and have several responsibilities and duties. Unfortunately, shareholder disputes can arise for various reasons and...
An effective business partnership can make running a company much more efficient. You can share the workload, financial responsibility and management of workers. That being said, business partnerships don’t always run smoothly. If you are in the midst of a partnership...
In today’s world many people use social media such as Facebook, Twitter, Instagram, and so forth to keep in touch with family, friends, and coworkers. This has had many beneficial effects. It has made it far easier for all of us to keep in touch with, or even...
We have discussed the advantages of business dispute mediation many times in our blog. In the right circumstances, mediating disagreements (rather than filing a lawsuit) can save time and money while protecting a business’s privacy. Those who agree to mediate a...
Contractual arbitration clauses are of the more common pitfalls of litigation. An arbitration clause is a written clause in a contract whereby the parties to the contract agree that in the event of a dispute, rather than sue in State or Federal court, the parties...
In last week's Blog article we discussed the nature of private mediation as a solution to trial and verdict. In this article we will discuss why mediation is often the best solution to bringing a lawsuit to a close. Buffington Law Firm's trust, business, and real...
As is well known, a large percentage of civil cases that are filed in Superior Court never actually go to trial. Instead, most of them settle out of court. In California, it has reliably been reported that an astounding 96% of all civil cases never go to trial and...