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March 2016 Archives

Alternative financing for closely held businesses

When opening a new business, most Arizona entrepreneurs require startup capital. Most people do not have the kind of money that it will take to initiate a business, so it will be necessary to obtain financing. In lieu of a traditional bank loan, closely held businesses might find that taking on one or more equity investors makes more sense. However, some things need to be taken into consideration before signing anything.

Failed merger leads to business litigation

There are numerous reasons why an Arizona company would agree to be purchased by another company. Mergers can provide a smaller company with access to more capital, equipment and customers than it would have alone. In addition, it can save a struggling company from having to close its doors completely. When an anticipated merger fails, the consequences can be devastating, and business litigation could follow.

Contract disputes can come down to words and phrases

A picture might be worth a 1,000 words, but even one word can change the entire meaning of a document. This is especially true in contracts. Many contract disputes come down to the words and phrases in the contracts signed by Arizona companies with other parties.

Being the first to file business litigation could be an advantage

Many Arizona companies do not limit their contracts to other companies within the state. When those relationships cross state lines, contract disputes can end up in federal court. When negotiations break down, winning the race to be the first to file business litigation could be an advantage.

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