Many entrepreneurs in California elect to form partnerships when they go into business with others. While this type of arrangement is often productive, problems may develop as the business matures and grows. Other partnership disputes may occur when new partners who may have differing views about how to move the business forward are brought into the picture. Partners who fail to address these issues in a timely manner run the risk of turning a mild disagreement into a serious confrontation.
November 2014 Archives
California residents who are interested in copywriting a work may have questions about the duration of protection. According to the U.S. Patent and Trademark Office, differences exist based on the date the work was created. If the work represents a collaboration, further rules apply.
Trade secrets such formulas, computer algorithms and marketing strategies are often among the most valuable assets of California businesses, and protecting them is usually a high priority for business law attorneys. However, the courts may be placed in a delicate situation when hearing cases regarding trade secrets: They must weigh the promotion of competition and free enterprise against the wishes of a business to legitimately make the most of its strong position in the marketplace.
Written agreements in many cases will contain provisions regarding remedies in the event of a material breach. A material breach in contract law is a failure to perform that irreparably breaks the contract and is often also referred to as a total breach. In the event of a material breach by one party to the contract, the other party reserves the right to terminate the agreement and go to court in an effort to collect damages related to the breach.