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February 2012 Archives

Delayed construction leads to $1 million contract dispute

A high school in Dalton, Georgia built a new addition on its campus in 2010, with the project totaling roughly $13.4 million. However, like on some construction projects, this undertaking was delayed for nearly a year. Due to this stall, the bill jumped to $13.8 million, and as of two weeks ago the Dalton Public School system owed roughly $1 million to the construction firm in charge of the addition.

The qualities and actions needed to be a successful entrepreneur

The road to success is never the same for any given company. When you start your own business, there will inevitably be questions and concerns that you need answered. That is why it is essential to have legal representation to guide your company to a prosperous and ultimately successful future.

Breach of contract cited by Macy's in suit against Martha Stewart

It is a bit of a strange story, in that Macy's is suing Martha Stewart Living Omnimedia - with which they have a contract to exclusively sell MSLO products - for breach of contract while also extending that same contract. The new contract will run until 2018 after a five-year extension was agreed between the companies.

Increase in business reform, rule changes the trend in 2012

The Dodd-Frank Act was enacted in 2010 to combat financial instabilities on Wall Street and to reform U.S. financial regulatory standards. This law came in the wake of the recession in the late 2000s, and is aimed at preventing future financial crises of a similar nature.

Supreme Court rules that companies can force arbitration

CompuCredit Corporation, a company based in Atlanta, Georgia, was at the center of a recent U.S. Supreme Court ruling that protects companies from lawsuits by consumers and allows them to enter forced arbitration instead.

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