info@carolinalaw.com
After a car accident, you probably won’t have to go to court. The vast majority of car accident cases are resolved without ever seeing the inside of a courtroom. The primary reason for this is that most cases are resolved through a settlement. A settlement is a formal, negotiated agreement
Class action lawsuits can be a powerful tool for those who suffer an injury at the hands of a corporation or organization. They provide a means for many victims to band together and gain strength in their numbers, potentially increasing the chances of obtaining compensation and holding a corporation accountable.
Receiving a job offer from a desirable company is usually a very uplifting moment, so uplifting in fact that the employee may forget to pay attention to his own interests. One of the most common examples of this non-attention is the unquestioned acceptance of the new employer’s request that the
Thinking about transferring a business? Make sure you know what you’re getting into. This article covers 5 things you need to know before you transfer a business. Whether you’re buying a business for the first time or you’re experienced with transferring companies, it’s important to know exactly what you’re getting
Business problems are not confined to competitors or economic conditions. A person can harm their business partners, associates, or employers when they act in their self-interest and violate their duty of trust. Violating this fiduciary duty through self-dealing can lead to business litigation and disputes. Self-dealing Self-dealing is illegal and occurs when a
A franchise agreement is a binding contract between a franchisor and a franchisee. This document outlines in detail the terms of running a franchise business and therefore defines the franchisor/franchisee relationship. Some agreements are quite complex in their wording, and you should consult an attorney before signing one. Within a
Franchise agreements are an important part of any franchise business. It’s not only important to maintain these agreements during the operation of business. It’s also important to make sure there is a proper way out of unfair contracts. What is a Franchise? According to the International Franchise Association (IFA), a
Our firm often deals with lawsuits over old shareholder agreements that were drafted (at great expense) 15+ years ago by some other firm that no longer exists and where issues have arisen that none of the shareholders contemplated when the agreement was first signed. We often tell clients that in our
When one party to a contract breaches the agreement, the results can be devastating for the other party. The results many times include cash flow problems, inability to meet obligations under other contracts, reputation damage, and difficulty paying employees. Even when the consequences are not this dire, it can be
Another type of business dispute that arise somewhat commonly is when a company is dissatisfied with the auditing services of an outside company hired to undertake an audit of the company’s finances. In North Carolina and elsewhere, these are usually filed as breach of contract actions by the company alleging that the