Business Law

Kentucky business owners rely on their contracts to help them successfully run their business. Lawsuits cost time and money and can potentially damage your business. One way to remedy this is through an exculpatory clause. An exculpatory clause is specific language...

Well-negotiated contracts can position your business for success. They can help secure materials at an affordable costs, thereby giving you consistent inventory, and they can lock in clients and customers into services and sales that generate steady income. But...

In the business world, sound contracts provide you with the security and protection you need to carry out your operations. Without them, running your business would be chaotic and defined by uncertainty. But even the most well thought out and strongly written...

If you’re creating a partnership, you might dread the possibility of a partnership dispute. After all, when you and your partners have a falling out, the viability of your business can be tested, putting your financial well-being on the line. In some instances,...

Kentucky business owners know that good contracts are vital to the success of their business. No one forms business contracts expecting one side to fail to perform their duties under the contract. However, you should plan for this when you are drafting your business...

If you own a limited liability company or a limited liability partnership in Kentucky, you may enjoy the benefits of personal asset protection and pass-through taxation. However, these benefits are not guaranteed and can be lost if you do not follow certain rules....

It might have been a dream since you were young. It could be a new idea you recently had. Possibly, a friend presented you with an opportunity. Whatever the reason for starting a business, determining the business structure of this new adventure is crucial when it...

Northern Kentucky businesses have every right to expect that if they enter an agreement with a business associate, that individual or organization will follow through. However, the reality is that parties breach their commercial contracts because it no longer makes...

Many corporations are household names, and perhaps you dream of having your business included in the realm of these popular entities. There are good reasons to incorporate, but before jumping headfirst into incorporation you should understand what a corporation is so...

If you are a business owner in Kentucky, you may encounter situations where someone accuses you of breaching a contract. A breach of contract occurs when one party fails to perform what they agreed to do in the contract, such as delivering goods, paying for services...