Californian business owners all have their own unique differences, but that doesn't mean you have nothing in common at all. In fact, one similarity is that many business owners run into situations in which legal help might be needed. What about you? The Daily Law Group is here to talk about the importance of having a strong legal presence on your side.
When there is a breach of contract dispute between businesses in California or elsewhere in the country, the result could be litigation. If the case goes to court, of course, evidence such as the original agreement and communications between the two companies is critical in convincing a judge or jury of guilt. However, a lack of evidence could be considered proof of wrongdoing, as well, particularly if important documentation disappears.
The point of intellectual property laws in California, the United States and around the world is to allow people to profit from the creations they dream up. According to the World Intellectual Property Organization, that includes inventions, art, symbols and more, which the creators may use in commerce.
More often than not, California business men and women make investments based on sound research and trust. However, it is not unheard of for even the savviest of investors to fall for investment fraud. If you fall victim of an investment scam, you stand to lose hundreds of thousands to millions of dollars, which is why it is imperative that you know the signs of fraud so that you can avoid it.
As a California business owner, you are probably already aware that a contract may be enforceable even when it is not written down, but by making a thoughtless or ill-conceived statement or promise, could you unwittingly be entering into a contract?
One of the most critical aspects of any business relationship is a contract that clarifies the nature of the relationship, who is responsible for what and under what conditions the agreement may be voided. For many companies in California, articulating the details of such transactions is critical in protecting the relationship, as well as keeping confidential information about intellectual assets private and secure.
One of the primary responsibilities that companies in Newport Beach have is to protect their clients' transaction-related information. Businesses invest billions in cybersecurity to ensure that this happens. Yet even with all of the security technology available today, data breaches still happen. How a company handles such a breach may determine what sort of liability issues it may face. Claims over data losses often come from individual clients. Depending on the size of a security breach, however, action can come from state or federal authorities.
When the value of a California company is put at risk by a CEO or other individual in authority committing a crime, shareholders can take action. If you believe that the breach of duty has resulted in harming the corporation, you can assert your rights as a shareholder. There are a couple of ways stockholder relief can be found, one of which is filing a derivative action.
Your company can establish a trademark by use or legally register it in California to represent your business or a particular product. It can be a word, phrase or symbol. When an original trademarked item and other, very similar service marks are used by multiple entities, it causes consumer confusion and is deemed trademark infringement. At Daily Law Group, we often represent clients whose inadvertent use of a trademarked item results in a lawsuit.
Business owners in California may think of competitors or employees when it comes to discussions of litigation, but in truth, the federal government may get involved if there are legal complaints. The Federal Trade Commission's mission is to protect consumers.