You have spent the last few months, years, or decades of your life building your business. You've poured your time, effort, and a lot of yourself into making the business a success. Now, you're ready to cash out, to get paid, and to move on to the next chapter of your life. Learn how to avoid foreseeable risks and problems when selling your business.
It's another Musical Monday, here, on the ExecutiveLP™ blog. Today's feature: Promises, Promises by Naked Eyes. We're going to be talking about the legal consequences of promises, whether or not a broken promise is fraud, and why it benefits you to always ask your attorney.
Collection efforts failed? Tired of getting stiffed on a job? Learn how to make sure your invoices get paid by properly structuring the buyer/seller relationship, a little about debt collection, and what not to do when collecting a debt. Also, it's musical Monday. So...enjoy!
Penalty clauses are not economically efficient. This is why penalty clauses are not and should not be enforceable. That's not to say the parties are without a remedy for breach of contract--far from it! In fact, liquidated damages are the norm; sometimes, even specific performance can be required to cure a breach of contract. Read our three tips for effectively using liquidated damages clauses.
Nashville, TN--Business attorney Noel Bagwell drills into the mysteries of Con-Tort, shining light on the mysteries of "ConTort" lawsuits and avoiding them.
Nashville, TN--Business Attorney Noel Bagwell discusses efficient breach of contract. When should you breach a contract, if ever. Find out in this article.
By Noel Bagwell for Executive Legal Professionals, PLLC from the Executive
Nashville, TN--Business Attorney Noel Bagwell addresses a common criticism: "Your contract is too long!" Is it, really? What's the alternative? Find out in this free article from Executive Legal Professionals, PLLC.
Nashville, TN--Business attorney Noel Bagwell discusses why reading contracts before signing is important, and why this seemingly obvious advice is crucial.
Nashville, TN--Business Attorney Noel Bagwell discusses Implied Warranty: Fitness for a Particular Purpose, a hot issue, right now, for Apple's new iPhone.
Nashville, TN--Business Attorney Noel Bagwell writes for ExecutiveLP.com about contracts and related legal issues, correcting some popular but wrong ideas.
Atlanta, GA--Business attorney Bradley Stephens, writing for Executive Legal Professionals, discusses buy-sell agreements and business succession.
Nashville, TN--Business attorney Noel Bagwell, writing for Executive Legal Professionals, discusses contracts, prohibition of penalty clauses, and more.
Nashville, TN--Business attorney Noel Bagwell asks, "Is that 'contract' your business is using really just a Proposal in disguise?" Find out how to tell and what to do about it in this fascinating article.
Nashville, TN--Business Attorney Noel Bagwell shares, in this article, why operating your business in an at-will employment state is a bad reason to choose not to use well-drafted employment contracts.