Mississippi Legal Options for Business Debt Collection Disputes
Whether your business is in tourism, professional services, maritime, construction, or another major Gulf Coast industry, debt collection disputes that drag on can severely impact your resources, cash flow, and operations. The failure of a client to pay and honor agreements for products supplied or services rendered can often be settled with a little patience and negotiation. However, more serious disputes over unpaid invoices, delayed payments, or contested charges can end up in court. The assistance of a qualified business dispute lawyer can help protect your rights and provide a roadmap to collect debts through negotiation or mediation, preventing ...
When Should You Hire a Mississippi Business Litigation Attorney?
Business litigation attorneys represent businesses (or their owners) in court cases involving commercial conflicts. They also provide strategic legal guidance to prevent conflicts, mitigate risks, and negotiate favorable outcomes. Commercial disputes include: Breach of contract. Partnership disagreements. Shareholder issues. Employment disputes. Intellectual property issues. Such disputes can cause disruption to business operations, damage to reputations, and financial damage. Understanding when to hire a business litigation attorney can protect your legal rights, lower risk, and prevent small disputes from escalating into major issues. Here’s what you need to know. BOOK A CONSULTATION Understanding business litigation in Mississippi Disputes ...
Alternatives to Non-Compete Agreements for Mississippi Employers
When employers in Mississippi draft employment agreements, non-compete agreements are often inserted to protect IP and trade secrets. They prevent the employee from working for a competitor if they leave. However, a proposal by the U.S. Federal Trade Commission (FTC) to ban employers from imposing restrictive non-compete agreements on their workers has led to state jurisdictions increasingly limiting their use. Let’s look at what this might mean for employers and employees in Mississippi, and the alternatives to non-compete agreements that are worth considering. BOOK A CONSULTATION Potential issues with non-compete agreements Traditionally, businesses have protected their intellectual ...
Common Mississippi Real Estate Title and Deed Issues
From easements and liens to illegal deeds and heirs suddenly appearing, a variety of title and deed issues can affect those involved with commercial real estate transactions in Mississippi. Title issues or “defects” refer to any problems that arise concerning the legal ownership of a property. Understanding the most common title and deed issues in commercial real estate transactions can help you prepare for potential problems, protect your investment and your business, and prevent legal disputes from negatively impacting your project. BOOK A CONSULTATION Common title issues in Mississippi The types of title and deed issues we ...
Common Causes of Business Disputes in Mississippi
Business disputes should be expected at some point in a company’s life cycle. The ability to settle differences quickly and move on in a stronger position for the future is an important differentiator between successful businesses and the rest. That’s not always easy to do. Business disputes and legal challenges can arise for many reasons and may drag on, sapping resources, finances, and energy. So, how can you be better prepared for such eventualities to avoid costly, time-consuming disputes from impacting your business? Let’s start by considering the common causes for disputes, the legal framework for dispute resolution in Mississippi, ...
Legal Steps To Take if a Business Partner Violates an Agreement in Mississippi
Entering into a business partnership, few people expect willful breaches of the agreement or disputes to arise, but they are relatively common. Mutual trust, respect, and shared goals are admirable qualities to go into the business relationship with, but provisions should be included for violations of partnership agreements. Disagreements and disputes should be expected and legislated for. Taking the right legal steps with disagreements can be the difference between successfully protecting your business and suffering financial and operational losses. If you’re involved in a breach-of-contract dispute in Mississippi, the following information could be invaluable in keeping your dispute out ...
How to Resolve Partnership Disputes Without Going to Court in Mississippi
Business partnership disputes don’t have to end up in court. In fact, that should be the last resort because litigation is expensive, time-consuming, and may threaten the stability of the business. Most times, with the help of an experienced business litigation lawyer, mediators or arbitrators, these types of disputes can be resolved at less expense and with fewer delays using alternative dispute resolution methods. If you’re involved in a partnership dispute over finances, contractual responsibilities, company direction or other matter in Mississippi, the following information could be invaluable in keeping your dispute out of court. BOOK A CONSULTATION ...
Rights and Responsibilities of a Mississippi Power of Attorney
If you need another individual to make important decisions on your behalf, either temporarily or permanently, the way to do this legally in Mississippi is through a power of attorney (POA). POAs are an essential part of estate planning, allowing nominated individuals to act on financial, health, business or legal matters. However, strict rules exist regarding the rights and responsibilities of agents in power of attorney agreements in Mississippi. If you are considering this path, it is essential to understand what it involves, the scope of these arrangements, and how to go about setting up a power of attorney… ...
What Are the Benefits of Using an Attorney to Draft a Business Sales Agreement?
Legal Help for Drafting Business Sale Contracts: Why It Matters If you’re selling your business, it may be tempting to think that you can increase your returns by saving on the costs of hiring a lawyer to draft or review the business sales agreement. This is dangerous thinking, as using templated agreements can lay you open to a wide spectrum of problems that can end up costing you far more than lawyer fees. A qualified lawyer should review any major business contract you enter into so that you are fully protected under Mississippi law—and this includes sales agreements. ...
Rights of an Estate Beneficiary to Sue an Executor
Thankfully for an estate beneficiary, anyone who must distribute an estate after a person dies is held to high standards while carrying out fiduciary duties. Estate beneficiaries enjoy certain rights and can hold executors of estates to account for their actions. When an estate is being probated and administered, beneficiaries should pay close attention to proceedings and stay informed of progress. Sometimes, executors knowingly or unknowingly make errors that breach beneficiary rights. Litigation may be necessary if matters cannot be resolved through other means. So, what are the rights of an estate beneficiary to sue an executor and when ...
