Discovering construction defects in a commercial property can often raise the prospect of litigation. If those hoping to use the building cannot use it in the way they expected until the defects are rectified, there is a real prospect of a lot of money being lost....
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What are the most expensive high-rise construction defects?
High-rise buildings are complex structures, and even minor defects can lead to major expenses. If you’re involved in a high-rise construction project, understanding which defects tend to be the most expensive to repair is essential. These defects not only add to the...
What are the most common joint venture dispute traps?
Joint ventures offer significant business opportunities, but these partnerships frequently face substantial disputes throughout their lifecycle. These conflicts often result in litigation, damaged business relationships and financial losses. Early recognition of...
Practical aspects of deciding on a method for commercial disputes
When you face a business dispute, deciding the best way to resolve it—through court, arbitration or mediation—depends on various practical factors. What key considerations should you have to protect your business? Nature and complexity of the dispute The circumstances...
Best practices for avoiding contract disputes
When it comes to business matters, contracts ensure that all involved parties are on the same page. However, contract disputes can cause significant conflict, and may even result in legal issues. It is possible to avoid disputes, provided you take the right steps when...
Factors that can complicate a commercial real estate transaction
Many factors, calculations and negotiations are likely to come into play before you finally sign the lease for a commercial property. However, there are also various complications that can make the process even more complex than anticipated. Understanding these...
How can you prove that another business is stealing your IP?
Intellectual property refers to creations of the mind. These include inventions, artistic works, names and images used in commerce. Protecting your IP is necessary for safeguarding your business's innovations and creations. However, this often requires providing...
What to do when a business partner betrays you
Your business partner betraying you may feel like a heartbreak since they would have essentially violated the trust you placed in them. And betrayal can happen in different ways. You may discover your business partner is stealing from the company, sharing company...
Partnering up: Key considerations for Florida businesses
Taking on a business partner can be an exciting step in your entrepreneurial journey. A new partner can also inject a restorative dose of vitality into a stagnant company. But before you shake hands and dive in, it is crucial to understand the legal landscape. Leaving...
Is your partner stealing from the business?
When two or more like-minded people come together to start a business, the resulting entity is known as a partnership. When you get it right, a business partnership can propel your entrepreneurship journey to greater heights. However, what happens if you learn that...