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Detroit & Chicago Business Organizations Legal Blog

Closely reviewing a contract

When it comes to contracts, there are many issues that could arise. For example, some people struggle with drafting a contract because they are not sure what to include, while others find themselves in a stressful or even costly contract dispute in court. Sometimes, people are able to avoid problems that arise months or even years down the road by closely reviewing a contract before signing. Our law firm recognizes the importance of contract review for people and businesses in Detroit & Chicago.

Reviewing the ins and outs of a contract carefully is vital for various reasons. First, each party should understand all of the details of the contract prior to signing. When contracts are easy to understand and written well, misunderstandings can be avoided. All aspects of a contract should be legal and both parties need to fully understand the terms of the agreement. Sometimes, people who struggle with reviewing a contract are able to consult a legal professional for assistance.

Drafting an effective construction contract

If you are a builder, you may have various responsibilities that not only take up time but generate stress as well. On top of the daily job-related hurdles that arise, you might have uncertainty and anxiety about drafting a contract or going over a construction contract. When it comes to construction contracts, it is vital to protect your interests by drafting an effective contract. At Pentiuk, Couvreur & Kobiljak, P.C., we are well aware of the stressors that builders often face and know how damaging a poorly-drafted contract can be.

There are a number of pointers you should keep in mind with regard to the drafting of a contract. First of all, you should make sure that you understand and take a careful look at the details of the contract before you sign your name. Your contract should be written properly and you should be confident that the agreement will be valid in the courtroom in the event that legal action arises down the road.

How should you handle contract disputes for outsourced work?

If your company outsources work in Chicago, you are likely aware that there may sometimes be confusion about the terms of the contract. It is important to keep your business and the company handling your outsourced work on the same page so you can work together smoothly.

Although you put detailed information into your contract, you may sometimes find that the other company has failed to fulfill all the terms. According to Bloomberg, you should usually contact the company as soon as you think the contract has been breached. This can be done through a note which communicates how the contract was not fulfilled. It is important to send written notice any time you think there may be a problem because you typically cannot terminate the contract unless you demonstrate a written record of problems.

Detroit company sues city over suspension of permit

Across all industries, litigation can arise for many reasons. Sometimes, legal action is necessary after a business is hurt by the wrongdoing of another. Or, a business in Detroit or Chicago may find itself targeted by a disgruntled employee or customer. Either way, the end result can have a tremendous impact on the future of the company, which is why the owners of business small and large should take litigation very seriously.

A company which had its towing permit suspended recently sued the City of Detroit as a result of the suspension. Moreover, the towing company also targeted the Detroit Board of Police Commissioners and the Detroit Police Department in their lawsuit, filed in Wayne County Circuit Court. In addition to its towing permit, the company also had their contract suspended and they say that they have requested answers from the Detroit Police Department, but have been turned down.

The consequences of business litigation

If you are a business owner, you may have to go through a number of stressful experiences. However, going to court may be among the most difficult. At Pentiuk, Couvreur & Kobiljak, P.C., our law firm knows how upsetting lawsuits can be for businesses of various sizes and we are also aware of the long-term impact litigation can have. Because of the serious nature of business litigation, you need to carefully approach your case if your business has been sued.

With regard to business lawsuits, many people are aware of the possible financial repercussions of a lawsuit. However, litigation can reach beyond court-imposed financial penalties. In fact, litigation can damage a business' reputation significantly, which can hamper growth and prevent customers from coming back. In some cases, the aftermath of a business lawsuit can be so severe that it prompts a business owner to make the tough decision to close.

What are some guidelines to remember when drafting a contract?

If you are drafting a business contract, you may have diverse questions and concerns. If so, it is vital to find answers to your questions and carefully review the ins and outs of business contracts before the agreement is finalized. Whether you conduct, or plan to conduct, business in Detroit, Chicago, or another city in the U.S., it is vital to make sure that your rights are protected. When drafting business contracts, you should try to avoid any mistakes that could spell disaster and lead to serious complications later on.

According to the U.S. Small Business Administration, there are a number of key elements that should be included when drafting a business contract. For starters, you should clearly lay out what is to be exchanged, whether that is services, cash or goods. In order for the contract to be considered valid, each party must be in agreement about any offers that have been made and accepted.

Detroit auto manufacturer faces lawsuit

When it comes to business lawsuits, all sorts of accusations can arise, wreaking havoc for the companies facing allegations. Regrettably, some of these lawsuits are based on allegations that are false altogether, while others involve certain details that have been blown way out of proportion. In Detroit, and in other cities around the state of Michigan, business owners who have been targeted with a lawsuit should waste no time in reviewing their options.

An auto manufacturer based in Detroit is facing a lawsuit over allegations that they are producing trucks which do not comply with the nitrogen oxide limit. In fact, the suit claims that these trucks are releasing nitrogen oxide at a rate that is two to five times greater than the amount allowed by law. Moreover, the suit accuses the company of rigging engines on these trucks in order to get by emissions tests mandated by the government.

Settlement reached over Chicago airplane incident

Recently, a considerable amount of attention has been given to an incident involving an airplane passenger who was forcibly removed from a flight. This incident may have been very damaging for the airline company due to the negative press, but it is important to remember that even less popular disputes can significantly damage a business. In fact, for a smaller company in Detroit or Chicago, even a relatively minor issue could spell disaster. As a result, companies should focus on handling business litigation.

An airline company that recently took heat for a passenger being forcibly removed from an airplane recently settled with the man, according to a statement that was released by the company. The settlement amount was not disclosed by the airline company or attorneys representing the man who was pulled off of the plane.

Understanding business formation: What is an L3C?

One of the most important decisions that a prospective business owner will have to make before opening their doors is selecting a legal structure for their business. In other words, a choice will need to be made as to whether the enterprise should organize as a corporation, limited liability company, partnership, sole proprietorship, or other entity.

There are, of course, many factors that a prospective business owner will need to consider when making this determination, including income taxes, investment needs and, most significantly, potential risks and liability.

Detroit area restaurant dealing with lawsuit

Those who own a business in any type of industry may encounter a plethora of challenges. Some disputes may involve customers, while others may involve a neighboring business or competitor. In Detroit, or any other U.S. city, handling these disagreements correctly can mean the difference between successfully moving on or shelling out thousands or even millions of dollars. In some cases, business owners have no choice but to close.

A chain restaurant located in the Detroit area is dealing with a lawsuit that was initially filed by a Rochester mattress store owner in 2014. The man filing the lawsuit claims that his mattress store, which has since closed, was severely damaged as a result of the restaurant's leaky water heater. A legal professional representing the mattress store owner said that the matter involves $65,000 that he is not looking for millions of dollars.

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