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WHAT IS FRAUD Our experienced Virginia Business Lawyers can explain the legal complexities surrounding the doctrine of fraud. It is a common “F” word that is often thrown around in everyday life, but its technicalities are much harder to prove in the courtroom. Suffice it to say that not every misleading statement meets the legal
Freedom of speech is an integral part of American society and a constitutional right. However, false statements against another individual can lead to a civil defamation lawsuit. Defamation is a blanket term that covers any statement that hurts a person’s reputation or good name. Defamation law encompasses more than simply hurt feelings as a result
If you have decided to start a small business with a partner, or you already own a business with a partner, it is wise to take steps to protect yourself. Many small businesses throughout the United States operate as general partnerships. However, very few business owners understand how to protect their legal interests should something go
Simply stated, a non-compete agreement, covenant not to compete or restrictive covenant is a contractual agreement between two parties that restricts one parties rights under a particular factual scenario. For example, in the employment context, an employer provided non-compete will seek to restrict an employees’ ability to start a similar trade or profession upon leaving
Starting a business is often a rewarding, yet challenging endeavor. Ensuring that your business is profitable is likely at the forefront of your mind. It is also important to consider the types of business disputes that could arise after starting your business. Many new business owners are surprised to learn of the many types of business
Writing a business partnership agreement will help you and your partner carefully detail the terms of your business relationship. Whether you are part of a limited partnership or a limited liability partnership, it is important to take the time to write your partnership agreement carefully. Forming a business is exciting, and it can be challenging to consider
Starting a new business with a partner is exciting, but partnership disputes are bound to happen. Hopefully, you have spent time considering whether your partner is trustworthy and has a keen business sense. Most people who go into business together get along and feel excited about their new company’s future success. However, starting a business is incredibly
If you are a visitor to this blog, please see our prior blogs containing an extensive discussion of the types of business entities, the structure of LLCs, investing in real estate using LLCs, and collecting a judgment from LLCs. You may also want to read this introductory note on asset protection methods before reading further. This article will focus on some
With all the uncertainty of our present times, if you are about to open a small business, you may be considering subleasing some commercial retail or office space. While this could wind up being a savvy business move, it could also turn into your worst nightmare. So, how can you suss out which of the