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GM files racketeering lawsuit

General Motors recently filed an unprecedented federal racketeering lawsuit against Fiat Chrysler They are accusing their rival of bribing United Auto Workers officials to give the company an unfair cost advantage by corrupting the bargaining process, leading to billions in losses for GM. GM alleges a pattern of racketeering by FCA occurring from 2009 to […]

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#5- Breach of Contract- Part 2: The Most Common Lawsuits Filed Against Small Business Owners

Breach of contract means just that; a contract has been “breached” or broken.  There are varying degrees of breach ranging anywhere from no performance at all to some/minimal performance. Lets break the concepts down to their most basic elements and examine them further. There are two common forms of breach; anticipatory breach and actual breach.  […]

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Capital Loss and Leaving a Partnership

Everyone who’s ever started a business will tell you that any new business venture involves risks. Sometimes it’s the risk of a capital loss of everything you have invested, or sometimes it’s the risk of spending countless hours trying to build something that just won’t stand on its own. Sometimes it’s the risk that your […]

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Bad Business Partners

I find myself writing about my clients and their bad business partners with the same sentiment and phrases that I would probably tell the story of my failed marriage with.   They all start out the same. On paper, they seemed so right.  Similar background, seemingly shared goals and vison for the future.  Seemingly similar intellect.  […]

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Avoiding a Narcissistic Partner

I say this often, and it’s unfortunately true: About a third of this firm’s revenue comes from bad partnership breakups and disputes. The problem for most people, is they are all too quick to jump into a partnership with someone, even a stranger, without understanding the long-term impacts of such a relationship. Like a marriage, […]

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DirectTV Practices and Your Business

Have you seen the small businesses getting sued thanks to questionable DirectTV Practices? We have. Unfortunately, it is indicative of a far greater issue facing small businesses. Case Study It goes something like this: You own a business. You decide to order DirectTV and schedule an installation. On the scheduled day, the truck pictured arrives […]

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