Sometimes monetary compensation is not enough for some losses in life. Our goodwill and the respect of our peers can take years to build, but can be lost in an instant with a simple act of revenge or malice by someone seeking to cause us harm.
Read moreBreach of Contract Remedies - When Money Alone is Not Enough
The best way to avoid a business dispute is through binding and legally enforceable contracts. But what happens when the other party fails to keep their end of the bargain?
A contract is “breached’ when a partner, vendor, or third party acts unlawfully, violates the terms of a contract, or fails to perform any promise contained in the binding and legally enforceable contract. Michigan law allows parties who prevail in breach of contract claims to be “made whole,” which usually means monetary payment in the form of damages.
Read moreSteps to Limit Liability and Reduce Risk - Part II
My Business is Being Sued - Now What?
Despite your best efforts, your business is now the subject of a lawsuit. After receiving a demand letter, your actions were obviously insufficient to the other party. This post will cover four actions you should take to respond to a lawsuit filed against your company.
Read more