Author Archives: Site Administrator
What is the Difference Between an Investment Adviser and a Broker, and Why Does it Matter?
When you hire a financial professional to manage and invest your money in securities, you may have your own expectations of what that professional is required to do for you. The financial professional may even make oral representations to you of what he or she will do for you. Regardless of your expectations, the… Read More »
Statutes of Limitations Do Not Wait Until it is Too Late to File Your Case.
A statute of limitations is a legally imposed deadline for a person to file a lawsuit against another person. The term “person” here includes a human being, business, estate, trust, or other legal entity. Once the statute of limitations has expired, a person is barred from filing a lawsuit, even if the claims are… Read More »
Proving Fraudulent Representations that Damaged Your Business
In most circumstances, the best way to protect your business from fraud is to clearly include in the contract all promises and representations for which each party is to be responsible, to verify the truth of the representations made, and to thoroughly research the party with whom you want to do business. If a… Read More »
Safeguard Your Business from Fraud During Contract Negotiations
Fraud is prevalent in the business world. In order to be successful, every business owner and business executive must understand this unfortunate truth. Although a business can be defrauded in many different ways, this article will focus on a few effective ways to protect your business from false representations made during the course of… Read More »
Protecting Related Entities and Subsidiaries from the Debts of One Another
Once a business owner or group of owners properly create a series of related legal entities or subsidiaries of a parent corporation in order to conduct separate businesses, how can they protect the related entities and subsidiaries from liability for the debts, breaches of contract, and torts of one another? Business formalities must be… Read More »
Protecting Business Owners’ Personal Assets from Business Debt
Once a business owner or group of owners properly create a legal entity in order to do business, how can they protect their personal assets from liability for the debts, breaches of contract, and torts of the business entity? Business formalities must be observed, and the business and affairs of each owner, agent, and… Read More »
Piercing the Corporate Veil: The Importance of Observing Business Formalities
Many businesses in Georgia have created legal entities under which they do business, such as corporations, LLCs, L.P.s, P.C.s, and LLPs. Although the type of entity used by each business varies depending upon potential tax benefits and other business and legal considerations, the predominant reason for using a nonhuman legal entity to do business… Read More »