Dinn, Hochman & Potter, L.L.C.
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Business Litigation Archives

Former Uber CEO at center of shareholder disputes

After investing both time and money into a new enterprise, a business entrepreneur expects to reap the rewards of such a venture. Perhaps these rewards are in the form of income, or perhaps prestige is the ultimate goal. As the Ohio business continues to grow, it is possible that it will look for investors and shareholders to assist with further growth and development. While this scenario does provide the financial opportunity the company is looking for, it also opens the door to the possibility of shareholder disputes down the road.

Contract disputes could affect CVS and Marsh supermarkets

Contracts are an important part of most Ohio businesses. As a business expands or acquires other businesses, contracts are used to establish the specific terms and conditions under which the acquisition will take place. Each party then expects the other to honor the terms of the contract; when this does not happen, contract disputes are likely to occur.

'Fixer Upper' star Chip Gaines faces business litigation

The couple made a splash on HGTV with their down-to-earth style and stunning home remodels. Fans in Ohio and beyond saw Chip and Joanna Gaines quickly rise to stardom following the success of their TV show, "Fixer Upper," in which Gaines's company, Magnolia Realty, convinces couples to purchase inexpensive homes that he and Joanna then renovate and redecorate. The TV show spawned a line of products for the home as well as books and other merchandise. However, it also spawned business litigation as former partners of Chip Gaines claim they were defrauded.

How does the probate process unfold?

When a business owner or partner dies, there are a variety of legal matters that must be addressed in regard to the succession of his or her controlling assets and roles within the company. If the decedent left a will and created a legally binding succession plan, then the transfer of assets and power should go relatively smoothly. But one part of the transition could prove time-consuming and even contentious; probate

What to do when business plans go awry

It is sometimes said that the best-laid plans of mice and men often go awry. But while this idiom has certainly stood the test of time, it is advisable that you don't take it too literally. Specifically, the last three words, "often go awry," is certainly a damning indictment of careful planning. But the fact is, careful planning is a critical element of achieving any goal.

How do I avoid legal issues with an independent contractor?

When you establish an agreement with an independent contractor, the hope is that everything will go smoothly. It benefits all parties involved if the contractor is able to complete your project on time and according to the predetermined specifications. And the last thing you need is for a dispute to arise that either interferes with the work being finished or results in the threat of legal action on behalf of the contractor.

Are your shareholders prepared for possible changes?

From marriages to business partnerships, nothing lasts forever and change is inevitable in all relationships. And just as a divorce can be expedited much easier if the couple signed a prenuptial agreement, so too can businesses do themselves a tremendous service by planning for a potential dissolution.

A noncompete agreement must have a legitimate purpose

One of the most important things you can do as a business owner to protect your interests is have high-value employees sign noncompete agreements. The intent of having an employee commit to a noncompete agreement is to keep him or her from going to work for a direct competitor for a specific period of time after leaving your company. But when crafting such an agreement, you need to make sure that it is legally enforceable.

Deceptive advertising constitutes unfair competition

You can work day and night building your business but to succeed, you will need a customer base. And advertising is an essential part of letting the public know about your company. Creating an effective advertising campaign can give you a real edge over your competition. But it is important to remember that there are limitations in regard to the subject matter that may be contained in an advertisement.

Protect your investment with the help of an attorney

Commercial real estate represents a significant value to those that own it. Unfortunately, even the most simple of all real estate transactions can have hiccups. If you are in the middle of a commercial real estate dispute, protect your investment with the help of an experienced commercial and business law attorney.

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