Category Archives: Business Law
Things to Know When Starting a Partnership in Utah
Partnerships are an exciting venture. You and another person or multiple individuals have a great idea for a product or service that you want to market to the world and make a profit from. Along with the excitement of a new opportunity, there are also many legal details to handle before you even speak… Read More »
When to Consider Business Mediation
Legal disputes within a business can interrupt operations, drain resources, and create conflict among partners and shareholders. Although many people assume that these disputes must be resolved through litigation, that is not always true. Mediation is often effective at resolving these issues without the need for expensive and time-consuming litigation. Below, one of our… Read More »
Top Legal Risks in Utah Business Mergers
Navigating a merger in Utah involves many specific legal risks. These are mainly centered on successor liability, contract enforceability, and litigation related to the deal. Failing to conduct due diligence in these areas can leave you and your acquiring company exposed to significant financial liabilities. Below, one of our Utah business law attorneys outlines… Read More »
What Makes a Contract Valid in Utah?
Contracts are the foundation of nearly all business transactions in Utah. Whether you are leasing a space for your business, hiring a supplier, or recruiting employees, contracts define the rights and obligations of each party entering into the agreement to ensure that mutual promises are kept. Contract laws in Utah are meant to ensure… Read More »
Tips for Drafting Business Contracts
Writing a strong, enforceable contract requires much more than simply putting terms on paper. It requires a clear understanding of the laws that govern contracts in Utah and ensuring that all necessary elements are included so your rights are protected and future disputes are avoided. There are also practical tips to follow that can… Read More »
Warning Signs in Business Contracts
Contracts are an inevitable part of doing business. In business, contracts are the foundation of partnerships, securing services, and supplier relationships. For business owners, it is critical to understand the possible issues that could arise in any business agreement. If a contract is not reviewed and negotiated carefully, it can also pose many risks…. Read More »
Common Issues When Starting a Business in Utah
If you have a good idea and an entrepreneurial spirit, you may have considered starting a business. As you begin the venture, it is critical that you understand the legal challenges that may stand in your way of success. Below, one of our Utah business law attorneys outlines the most common issues entrepreneurs face… Read More »
What is the Best Structure for Your New Business?
Although starting a new business venture is exciting, there are also many decisions to make. One of the most important is choosing the right business structure. The structure you select will impact liability, taxes, and the daily operations of your business. It is important to understand the different options available so you can make… Read More »
The Importance of Contract Reviews
Business contracts are much more than merely documentation. They create the foundation of your obligations and deals. However, if you are signing contracts without fully examining them, or you are barely skimming the terms, you may think you are simply trying to save time but you are actually putting your business at risk. Most… Read More »
Why is a Contract Review So Important?
When running a business, contracts are not just more documents. They are the foundation of your obligations and the agreements you have made with other parties. Too many business owners simply sign a contract without fully reviewing it, or they skim the terms in an effort to save time. Instead of this being a… Read More »