The holidays are often a time where employers sponsor or cover some costs associated with company holiday parties. While many employers view these as an opportunity to enhance morale or to build comradery in the workplace, there are a number of potential pitfalls that can make these events an opportunity for inappropriate behavior that can lead to employment claims or claims by third parties due to injuries suffered during or after such an event. When planning and managing the event, business owners should be wary of the following:
Our law firm has covered several different topics when it comes to business lawsuits in this blog. However, there are far more issues to consider, such as the many ways that social media activity can impact a case, or even result in litigation. Whether you run a large corporation or own a small business, you should be mindful of your company's online presence and social media activity - both on the business page and on employee pages that may be connected to the business page. Moreover, you may not even handle your company's online posts, placing these responsibilities on an employee or a third party contractor, in which case you must discuss content, form, and boundaries with them in advance of any posting. As a business owner, it is pivotal for you to understand the wide-reaching implications of social media activity and protect your business. As we often tell clients, if you are actively in business, it is highly likely that you will be sued at some time during the life of the business.
Whenever a lawsuit arises, businesses of all sizes may face different challenges. In Cincinnati and in other cities across the state of Ohio, litigation can be complicated and may have a significant impact on a business' future. Moreover, when an international business lawsuit comes up, moving forward can be even more tricky for business owners. Our firm knows how business owners can feel stressed out and uncertain of which steps to take, but it is crucial to handle these cases properly.
If you run a business, you may encounter a number of challenges. However, we know that contract disputes can be especially difficult and may present serious consequences for a business, from financial penalties to damaged business relationships. In Cincinatti and across the whole state of Ohio, it is vital for business owners who are in the process of drafting a contract to make sure that they do what they can to prevent a contract dispute from arising in the future.
Mergers signal growth for Ohio businesses. However, if the employees in both companies are not adequately prepared, it could spell disaster. According to Forbes magazine, some studies indicate that the majority of mergers fail. Fortunately, many of the pitfalls are avoidable.
In any business deal between equals, you would assume that each side is getting something it wants and bargained for. Nevertheless, you often see a power differential that makes a deal seem lopsided.
Every year, the United States Equal Employment Opportunity Commission (EEOC) provides data outlining the charges of workplace discrimination that it receives, the number of suits it filed and resolved along with monetary recovery for the charge claimants, and its particular area of investigative or compliance focus for the next year. Recently, EEOC released its Fiscal Year 2016 Enforcement and Litigation Data summarizing its 2016 efforts and its 2017 focus.
What can you do when you have a bad board? It's a serious question. One major purpose of a board of directors is to provide effective oversight. That might mean ensuring that corporate leadership makes good choices, and it always means ensuring the corporation is in compliance with the law.