When a contractual relationship has resulted in a contract dispute and a breach of contract claim must be made, it is important to understand the process of bringing a claim.
The co-founder of Louisiana Fish Fry recently purchased a local commercial building for $564,295. The property was purchased in Baton Rouge by the limited liability company owned by the man and his wife. The purchase includes two lots just less than 10,000 square feet total and a building just over 2,417 square feet. Though it is unclear what the couple plans to do with the property, there are many ideas for it. The acquisition of the commercial property is at a time when the fish fry co-founder is in a legal dispute with his brother related to an attempt to dissolve a holding company.
There can be many important considerations when starting a business in Louisiana, ranging from the name of the company to customer-based concerns. In some situations, it is important to determine beforehand which type of business formation will best suit the start-up company and ensure that the proposed name has not already been taken. Market research is also a critical tool to determine who the start-up company's customers are and what services or goods the customers wish to buy.
Contract disputes can be distressing and costly which is why it is important that a party facing a contract dispute understand options the legal process can provide.