What is the Purpose of a Tolling Agreement?
August 19, 2019A tolling agreement is a formal agreement between potential parties to a legal dispute to extend the statute of limitations on a plaintiff’s legal claim. It is typically used to give the parties additional time to resolve their dispute outside the courtroom while preserving the plaintiff’s right to pursue a cla…
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Understand the Bulk Transfer Law Before You Buy a Business
June 11, 2019The purpose of the bulk transfer law — also referred to as a bulk sale — is to protect the creditors of a business by notifying them that most or all of the company’s assets are being sold. This is to prevent a seller from pocketing the proceeds of a business or asset sale without […]…
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Common Tools Partnerships Use to Resolve Disputes
June 3, 2019In business, choosing the right partner is essential for the success of your endeavor. However, when there is more than one person running a business and making important decisions, it is imperative that certain issues be addressed — especially those dealing with the resolution of potential disputes. These is…
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