When contracts are signed in Washington and one of the parties involved could incur hard-to-define or intangible losses if there was a breach, they could insist on a liquidated damages provision. The damages specified in such a provision are an estimate of anticipated...
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Business Litigation
Language and actions influence enforceability of letter of intent
A letter of intent (LOI) often outlines the relationship of two or more businesses going forward. The document could launch the process of a merger or acquisition in Washington or explain their commitment to a joint project or business deal. An LOI often forms the...
Lawsuit protection tips for your small business
California small business owners understand how costly litigation is and how damaging lawsuits can be to their companies. Avoiding lawsuits is crucial to longevity and the brand's integrity. One essential tip to prevent lawsuits is to know the laws surrounding your...
The three standards of the business judgement rule
When a lawsuit alleges that a Washington corporate director violated a duty of care to the corporation, three conditions must be met to uphold the director's decision. This legal doctrine, called the business judgment rule, helps protect members of a corporation's...
Types of business litigation
Businesses in Washington and other locations in the United States spend far more on business litigation than those in the rest of the world. Companies operating in the real estate sector pay the highest cost for these litigations. As a business grows, it spends less...
What are your options for resolving a partnership dispute?
Starting a Washington business with someone else is often rewarding. However, it’s possible for disputes to arise between you. There are several ways you can resolve a partnership dispute in addition to going to court. Partnership agreement If you already had an...
How your business can deal with anticipatory breaches
Most companies in Washington carry out their important business matters through contracts. When everything goes well, all parties involved in a contract fulfill their respective sides of an agreement. Unfortunately, that doesn't always happen. If you're dealing with...
What is a class-action lawsuit, and how does it work?
Many different types of lawsuits are filed in Washington. One of them is a class-action lawsuit. You might have heard about this type of case before but may not be familiar with it. Understanding class-action lawsuits A class-action lawsuit is a civil litigation...
Defenses to use against a defamation charge in Washington
A business's reputation is one of its most valuable assets. In fact, when an appraiser is valuing a company, they often give substantial weight to market goodwill. If someone accuses you of jeopardizing how people view their business, the potential consequences, if...
A guide to suing someone over a business dispute
Mediation, arbitration and collaborative law don't always get you the resolution you desire; in some cases, your only recourse is to sue the other party. The process of suing someone in Washington can be complicated and the consequences far-reaching, so it's crucial...