Mergers and acquisitions can be an effective way to expand a business. They can consolidate resources and supply chains, cut out middle men, and allow expansion into new markets and new customer bases. While many think that mergers and acquisitions only occur at the...
Can silence lead to the creation of a contract?
For a contract to be created, there must be an offer and an acceptance of that offer. Usually these two basic principles are easy to spot in practice. For example, a homeowner may offer compensation to a business in exchange for home improvement work to be done within...
What is included in a Louisiana living will?
A sudden accident or medical emergency could cause you to become incapacitated to the point that you cannot tell Louisiana health care providers what you want. According to Peoples Health, a living will allows you to decide and communicate ahead of time...
The basics of Louisiana advance directives
Not all estate planning tools affect what happens after death. In Louisiana, advance medical directives provide direction regarding health care decisions. According to the Louisiana Department of Health, through an advance medical directive, adults can plan for...
Baton Rouge in contract dispute over library construction
Contracts are so ubiquitous in the business world that their importance is often observed as being diminished. This is a mistake, though. These agreements, when executed correctly, are legally enforceable, thereby giving the parties to the agreement to take legal...
A brief look at the Limited Liability Company or LLC
As we have discussed previously on this blog, there are a number of business structures that can be utilized to fit an entrepreneur's needs. Sole Proprietorships are easy to create and have little to no government oversight, but they can leave owners open to personal...
How can you revoke a will?
There are many reasons for which you may decide to revoke your old will and start anew. For instance, you may have added a new member to your family, gone through a divorce or tied the knot. You may also have had a falling out with a beneficiary or decided that one...
Can you withhold payments from a contractor who stops work?
It happens more often than most people think: a Louisiana homeowner hires a contractor to remodel his or her home or to fix major issues, the contractor shows up, accepts payment and tears apart the home and, before the contractor completes the job, he or she stops...
Red flags to watch out for when hiring a contractor
Contractor fraud can cost unsuspecting homeowners or business owners thousands. You may even know someone who hired a contractor, paid for the work up front and then never heard from the contractor again. This happens across the country, including in Baton Rouge....
Business law: the basics of an acquisition
People often hear about mergers and acquisitions when major companies come together and make massive deals. The truth of the matter, though, is that many mergers and acquisitions occur amongst small and medium sized businesses, meaning that these maneuvers are must...