Are you planning to acquire a business in Georgia? It’s a big step and you want to ensure the process is smooth and successful. While many people focus on finding the right business to acquire, it’s just as important to find the right legal support. Not using the right law firm for your business acquisition can result in significant…
Many people assume that every dispute with someone else will eventually end up in court. You may be surprised to know that very few business disputes will result in a trial. Most cases are resolved at some point before they reach a judge. Oftentimes, there is little to be gained from an actual trial, even if litigation has already…
A contract is a legal agreement that gives you rights and obligations. However, in order to give you the protection you need, a contract must clearly spell out all the necessary terms. Here are some important clauses that you need in a contract. Scope and Duration Perhaps the most important clause is the one that defines what the contract…
There are numerous reasons why legal contracts may be found invalid by a court. One of the reasons is that a party is not old enough to sign a legal contract. In Georgia, signatories to a contract must be at least 18 years of age. If a minor signs a business contract, they actually have some degree of control…
When you enter into an agreement and sign a contract, you would expect that it would be enforceable in court in the event of a dispute. Not every contract ends up being enforceable. If it does not meet legal requirements, you may not have the protections that you expected. The first legal requirement for a contract is that each…
There is a reason why parties to a contract have a written agreement between them to govern their legal relationship. If you find yourself in a contract dispute, the first place you should go is to the contract itself. You can rest assured that if you are case goes to court, that is exactly what the judge will do….
This question can be answered with one word: No. Any contract that you sign has legal rights and obligations that become binding on you once the document is signed. There is no such thing as a boilerplate document that can accurately capture your own business situation. Every business agreement should be the subject of negotiation between you and the…
Generally, a business contract is legally binding once you sign it. If you do not perform according to its terms, you can be found liable for breach of contract. There may be three ways to “get out” of performing the contract. Having the Contract Declared Void There may have been an issue in signing that contract that could render…
Contracts are one area where it never pays to be informal. Not having everything reduced to writing can leave your business in serious risk and potentially cost a large amount of money. Even though it may seem like work at the time, having all of your contracts in writing will give you invaluable protection. It would be inaccurate to…
If a sale of your business may be in your future, you must start preparing early. There are numerous legal issues involved that require advanced planning. Having an expert team in place can help smooth the process. Prepare yourself for a long period before the deal closes that has its ups and downs. Have a Lawyer Review the Agreement…
