If you are in a business disagreement, you likely want a quick, peaceful, and fair resolution. The law provides two main ways to formally settle a disputed commercial contract: litigation and arbitration. Arbitration and litigation are similar in many ways. Both seek to uphold justice, for example, and they do so by following applicable laws. […]
Read MoreFair competition between businesses levels the playing field and gives every company an opportunity to make a profit. Competition between businesses is legal, healthy, and usually fair, even though one party may suffer financial losses as the result of another business’s lawful actions. Reverse engineering of a competitor’s new product with the intent of creating […]
Read MoreA business dispute occurs when two businesses have entered into a contract and then disagree about either: The interpretation of a particular part of a contract Whether the performance/standards of one side or the other is meeting the wording of the contract. Why A Business Lawyer is Helpful during A Business Dispute When there is […]
Read MoreIn Oklahoma, you can file a Class Action lawsuit when: There are multiple victims Their injuries are similar or the same The source of the injuries is the same person or group. Under the Oklahoma law code, civil procedures is a Title 12 topic. Under these statutes they define: Class – A group – such […]
Read MoreLegal businesses – LLCs and Corporations – are registered with the state of Oklahoma, which is one of the primary reasons why there is a legal process for closing them. The process is referred to as a voluntary dissolution, and the basic steps involved in closing a registered business in Oklahoma are as follows. Step […]
Read MoreThe Defend Trade Secrets Act is a set of laws recently adopted by the Federal Government that applies to trade secrets – a class of valuable tools that fall outside the federal protection under Trade Law. Before the Defend Trade Secrets Act Trade secrets were mostly handled on the state level before the Defend Trade […]
Read MoreA business tort is an act of aggression often with the intention of doing harm to the business they target. They are also usually outside the legal way that business occurs. The tort may or may not be illegal, and they may be: Intentional Through the act of negligence Through the act of recklessness Can […]
Read MoreA Fiduciary is someone who acts on behalf of the company. That definition can be a little loose, but in general, directors and majority shareholders are considered to have fiduciary duties. To help expand this definition we look at the different types of fiduciary duties that Oklahoma City businesses may use. Those include: 1. Duty […]
Read MoreThe term business litigation refers to any legal challenges a business must respond to or initiates on its own. Whether the other party is a customer, competitor, or former business partner, hiring an experienced business litigation attorney to represent your interests is crucial to the outcome of your case. According to the United States Chamber […]
Read MoreThe term business litigation refers to any legal challenges business must respond to or initiates on its own. Whether the other party is a customer, competitor, or former business partner, hiring an experienced business litigation attorney to represent your interests is crucial to the outcome of your case. According to the United States Chamber Institute […]
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