Business partnerships, while often beneficial, can become contentious. In some cases, disputes escalate to the point where one partner seeks to remove the other. In Manhattan, where partnerships drive industries from finance to retail, understanding the legal and practical grounds for forcing out a business partner is essential, especially when litigation looms.
Non-solicitation agreements (NSAs) are common in employment contracts, particularly for roles involving sensitive client relationships, confidential information, or competitive industries. If you’ve signed one, you might wonder, “Can I break a non-solicitation agreement?” The answer depends on several factors, including the agreement’s terms, applicable laws, and your specific circumstances.
Manhattan is one of the hottest shopping destinations on the planet, and the intense, competitive nature of the borough’s retail sector can lead to significant legal disputes. These disputes have the potential to disrupt operations, destroy relationships between business partners, and drag down profits. Here’s what you need to know about
A deteriorating relationship among business partners can eventually culminate in potentially catastrophic litigation that can ruin a business. To avoid this outcome, partners should recognize the signs of a brewing dispute to prevent problems from escalating and protect their hard work.
Poor Communication and Growing Trust Issues
Partnerships can succeed in business when all partners work well together to achieve their company’s goals. However, a partner’s mismanagement or misconduct can lead you or your company to potentially damaging litigation. For example, a partner may breach their duties and obligations to their fellow partners or the business or cause...
When you have a contract, consumer, labor, or personal injury claim against a company in Manhattan, you may need to file a lawsuit to pursue relief for your losses in court. However, filing a lawsuit against a business involves various steps and court procedures. Retaining a seasoned trial litigation attorney in...
Manhattan has countless commercial litigation law firms, so how do you separate the good from the bad and make an informed decision? The process starts with knowing what questions to ask. These questions can help you identify a firm’s strengths and weaknesses, letting you proceed with confidence that you’ve made the...
One of the most significant risks your Manhattan company can face is becoming a party to a lawsuit. Businesses can face various legal claims, such as contract claims, tort and personal injury claims, employment and labor law claims, and consumer protection claims. Litigation can also arise due to a company’s violation...
Antitrust laws and litigation are essential in the modern business world because they promote fair competition, which is vital for a healthy economy. These laws prevent companies from engaging in practices that could harm consumers, such as creating monopolies, fixing prices, or limiting market access for competitors. Antitrust litigation allows parties...
Business partnerships can be powerful engines for growth and innovation, but they’re not immune to conflict. Fortunately, a legal framework exists for resolving these disputes when they arise. Whether you’re currently facing a partnership conflict or want to be prepared for potential future issues, knowing your options can help you make...
