Articles Tagged with Best Chicago Business Attorney

The recent bill H.R. 3684, also known as the infrastructure bill, has been hotly debated in the Senate. The bill requires massive amounts of funding, and one of the ways lawmakers are trying to secure those funds is through cryptocurrency brokers. Specifically, the bill would require brokers who deal in digital assets to report customer information, though many have argued that the way it defines “broker” in this sense is too broad.

As it makes its way into the House of Representatives, many people in the crypto-trading space are uncertain about what the bill means for their industry.

Return Requirements for Brokers

Typically, you want to avoid litigation. It can be expensive and time-consuming, and when it happens between business partners, it’s a surefire way to end that relationship. That said, sometimes it’s unavoidable. When pursuing litigation, it’s important to avoid the various pitfalls that could ruin your case. In this piece, we’ll discuss six common litigation mistakes and how to avoid them.

1. Neglecting Cost-Benefit Analysis

The first mistake may be that of pursuing litigation at all. It’s important to perform a cost-benefit analysis on what you hope to gain from your lawsuit. This not only tells you whether it is even worth pursuing, but it also helps you stay focused on what’s most important if you do decide to litigate.

Whether you run a community association for condominium owners, homeowners, or commercial owners, it’s vital to know how to keep within the bounds of both your agreements and the various laws that pertain to your organization. There are various fields of law at play here, including real estate, corporate governance, contract writing, and more.

To successfully manage your community association, consider these five tips.

1. Be Clear on Restrictions and Requirements

Most businesses derive a great deal of value from their intellectual property. As such, when someone infringes upon your IP rights, it’s important to be able to defend them. However, that doesn’t always require a lawsuit. IP litigation can be expensive, so alternative dispute resolution methods are often preferred.

Following are a few ways to quickly resolve an IP dispute without resorting to litigation.

Letter of Demand

When you file a personal injury claim, you’ll likely encounter a myriad of terms and concepts that may not be completely familiar to you. Following are some terms you’ll likely hear as you go about seeking compensation for your injuries.

Who’s Who in Your Personal Injury Case

There are two main parties in a personal injury case: the plaintiff, and the defendant. Each will have attorneys working with them.

Mergers and acquisitions are terms often used in the same breath, even to the point where we abbreviate them as M&A. However, while they both refer to the joining of two companies together, they are very different concepts.

Here, we’ll go over the differences between mergers and acquisitions and why you might opt for one or the other.

The Main Difference Between Mergers and Acquisitions

Business disputes can easily lead to expensive litigation. Using the right tactics before going to court can save you a great deal of time and money. Here, we’ll discuss some effective pre-litigation tactics to help you achieve a positive outcome in the event of a dispute.

Before Pressing Charges

Ideally, disputes should be resolved before they turn into full-blown courtroom trials. If it seems like litigation may be a possibility, consider these tips and tactics first.

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