Statutes of Limitations
Do Not Wait Until it is Too Late to File Your Case.

A statute of limitations is a legally imposed deadline for a person to file a lawsuit against another person. The term “person” here includes a human being, business, estate, trust, or other legal entity. Once the statute of limitations has expired, a person is barred from filing a lawsuit, even if the claims are otherwise meritorious and that person suffered… (READ MORE)

Proving Fraudulent Representations that Damaged Your Business

In most circumstances, the best way to protect your business from fraud is to clearly include in the contract all promises and representations for which each party is to be responsible, to verify the truth of the representations made, and to thoroughly research the party with whom you want to do business. If a promise is breached or a representation… (READ MORE)

Safeguard Your Business from Fraud During Contract Negotiations

Fraud is prevalent in the business world. In order to be successful, every business owner and business executive must understand this unfortunate truth. Although a business can be defrauded in many different ways, this article will focus on a few effective ways to protect your business from false representations made during the course of contract negotiations. Every business needs a… (READ MORE)

Protecting Related Entities and Subsidiaries from the Debts of One Another

Once a business owner or group of owners properly create a series of related legal entities or subsidiaries of a parent corporation in order to conduct separate businesses, how can they protect the related entities and subsidiaries from liability for the debts, breaches of contract, and torts of one another? Business formalities must be observed, and the business and affairs… (READ MORE)

Protecting Business Owners’ Personal Assets from Business Debt

Once a business owner or group of owners properly create a legal entity in order to do business, how can they protect their personal assets from liability for the debts, breaches of contract, and torts of the business entity? Business formalities must be observed, and the business and affairs of each owner, agent, and business entity must be kept separate.… (READ MORE)

Piercing the Corporate Veil: The Importance of Observing Business Formalities

Many businesses in Georgia have created legal entities under which they do business, such as corporations, LLCs, L.P.s, P.C.s, and LLPs. Although the type of entity used by each business varies depending upon potential tax benefits and other business and legal considerations, the predominant reason for using a nonhuman legal entity to do business is to protect against personal liability… (READ MORE)