Wise business owners and members invest up front in well-crafted operating agreements.
The conversion of money is one of those things lawyers get wrong, particularly in business litigation.
Despite careful review, fraudulent inducements can jeopardize otherwise well-crafted contracts.
When modifying a contract, best practice is to always detail changes in writing with appropriate approvals by all parties.
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- Minority Owner Oppression Claims, an Introduction
- Freedom to Contract Jeopardized When Fact Finder’s ‘Sense of Fairness’ Becomes Determinative
- Failure to Understand Terms of Personal Guarantee Agreements Will Likely Cost You
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- Exceptions Complicate Res Judicata Doctrine’s Ability to Bar Additional Claims
- Promises to pay Another’s Debts Might fall Within Statute of Frauds; Then Again, Maybe not
- I can amend my pleadings, can’t I?