When a client does not pay you, you have a few options. However, often times, your clients leave you limited options. Obviously, we prefer that everyone holds up their end of the bargain in every deal. Unfortunately, that’s not the world we live in. Proactively First and foremost, you need well written protective contracts. The…

What are compensatory damages? They are one of several types of monetary awards that can be won at trial. Purpose The purpose of compensatory damages is to “make the plaintiff whole again”. In other words, they exist to cover all of the damages that were created by the defendant’s bad actions. These do not include…

Yes, they make many people cry. Like ogres in the movie Shrek, laws are like onions because they have layers. In order to fully understand how laws are interpreted, you have to understand the layers.   Federalist System of Laws Our country is a federalist system of governance. This means that there is a Federal…

The most common type of judgment is a money judgment. These are judgments ordering one party to pay another. If you win a judgment, it is valid for ten years in North Carolina. Before the end of that ten-year period, however, you may ask the court to extend the judgment.   How Do Money Judgments…

Every company is prone to a partner dispute. How can you handle those terrible conflicts that alter the nature of how you do business? Fortunately, you have many options. Partner Dispute A partner dispute is anytime two or more partners disagree to the point it harms the business. This can appear mild, but often is…

For smaller lawsuits, there is one type of award that can change the outcome of your case. Prevailing parties can sometimes get the losing party to pay attorney’s fees. The decision to award these fees is often in the discretion of the presiding judge. However, it helps to know when you could have the losing…

Lawsuits aren’t fun. Few people want to sue, and even fewer want to be sued. However, every day a plaintiff files a new suit against a defendant, and that defendant generally has 30 days from being served to answer. In a perfect world, every defendant will timely respond to the plaintiff’s complaint. In reality, things…

  Fraudulent transfers are one way in which creditors can set aside a transfer by a debtor to another person or entity. They occur when the debtor either makes a transfer of assets with the intent to defraud his or her creditors or, in some states, when a debtor makes a transfer while insolvent or…

What is a Demand Letter, and what’s it used for? A demand letter is a tool used prior to litigation to demand that a certain outcome be obtained from an opposing party or else a lawsuit will be filed against them. Your demands can be for money or for some sort of action. If you’re…

Negligence. You may be familiar with the term, but do you actually know what it means? Unless you are an attorney or have been involved in litigation alleging negligence, probably not. Simply put, a suit claiming negligence asks the court to rule that the defendant breached a duty of care that they owed you, and…

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