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June 2016 Archives

Closely held businesses need to be prepared for obstacles

Unlike large companies that manufacture products, small Arizona manufacturing companies do not always have the financial resources available to adequately deal with unforeseen issues. This means that closely held businesses need to make additional preparations in order to provide for periodic obstacles that could potentially be costly. It might not be possible to prepare for every eventuality, but being aware of some of the more common issues could help.

Arizona's vets could benefit from ruling in business litigation

When an Arizona military veteran wants to start a business, or already owns one, the company might benefit from government contracts. In fact, there is a law that provides for preferential treatment to veterans when it comes to such contracts. However, an out-of-state business filed business litigation against the Department of Veterans Affairs for violating this law.

Commercial real estate purchase agreements

After taking the time to locate a piece of property here in Arizona that will work for your purposes, you want to make sure that everything regarding the purchase goes well. Commercial real estate purchase agreements can be complex and have many moving parts. Inadvertently skipping a step could either keep the purchase from being completed or cause issues at some point in the future.

Family partnership files business litigation against patriarch

As some Arizona business owners are already aware, going into business with family members can be problematic at times. When one member of the family fails to live up to his or her obligations in some way, disputes are not always easily resolved, and relationships can become strained. In some cases, the company concludes that the only way to rectify the situation is to file business litigation against that party in order to ensure its continued success.

Facing business litigation in Arizona

Few Arizona companies are able to escape disputes with customers, vendors or others. When those disputes are not negotiated to the satisfaction of the supposedly wronged parties, business litigation could be the result. It can be unnerving to be served with a lawsuit, but it is important not to act rashly.

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