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December 2015 Archives

Some closely held businesses became industry giants

Arizona entrepreneurs who are looking to start a new business often hope that their small ventures will become successful. However, in today's economy, it may not seem as though that is possible. However, some closely held businesses beat the odds in the past and became industry giants. Those looking to start new businesses may find inspiration from some of them.

Locker maker files business litigation against supplier

Arizona companies often partner with other companies who can produce certain items that enhance or replace current product lines. One company provides the required specifications of the product needed, and the other company is tasked with building it. When one company somehow breaches its part of the agreement, business litigation may be the only way to resolve the issue.

Breach of contract alleged by company in business litigation

Arizona companies enter into contracts with other companies to provide goods or services on a regular basis in exchange for a certain amount of money per item. When the goods are delivered, payment is expected in due course according to the contractual arrangement between the parties. When either party fails to fulfill their obligations under the contract, business litigation may be filed for breach of contract.

Arizona's closely held businesses need an executive summary

Starting a new business involves delving into a multitude of business and legal issues. In addition to making numerous decisions, the owners of closely held businesses in Arizona will need a business plan. This plan spells out the details of the business and where it is going.

11th hour settlement stops business litigation in its tracks

After a week of testimony in trial regarding a contract dispute between Advanced Consumer Electronics (ACE) and Maximum Security, the parties reached a settlement. Arizona readers may recognize the names of these companies as being security companies for both commercial and residential properties. The business litigation surrounded a failed merger.

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