June 2016 Archives | Lafayette Legal Blog
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June 2016 Archives

Pros and cons of reverse mergers

Many people who are responsible for running a business in Louisiana are constantly searching for ways to make the company grow and become more profitable. That may, in fact, be the mission statement for any businessman or businesswoman in Louisiana. In many cases, mergers and acquisitions are considered as a means of accomplishing these goals. One particular type of merger that some may consider is known as a "reverse merger."

Why do companies merge or acquire other companies?

Whether or not one follows the world of business on a daily basis, most people have heard news stories about companies merging into a new business entity or one company acquiring another. But why do company owners choose to merge together or why does one company choose to buyout or acquire another? The key to achieving success as a business is to increase profits while keeping costs down, but a business also needs to establish itself as a leader in its respective marketplace. Through the use of mergers and acquisitions, business owners can achieve these goals and help ensure the business as a whole succeeds and places itself on surer footing for the future.

What are breach of contract remedies?

When a breach of contact occurs between two parties doing business together, the non-breaching party may seek remedies from the breaching party. The types of remedies awarded will depend greatly on the specifics of the contract the parties signed as well as the goods or services promised in the contract. Generally speaking, there are two different main classifications of remedies for breach of contract: remedies in law and remedies in equity.

The wide variety of potential contract disputes

Companies in Louisiana can encounter a wide variety of issues in the course of day-to-day business. Commercial contracts may be called into question by one or more parties, lease agreements between commercial landlords and tenants could be subject to breaches and companies may have problems with employees. Whether the source of the problem is internal or external, part of doing business in Louisiana is addressing problems in an appropriate manner. And when it comes to contracts, there are many different types of contract disputes that can occur.

Breaching a real estate contract

Many businesses in Louisiana will reach a point where real estate either needs to be bought or sold. For some, buying real estate is part of potential plans to expand. For others, selling real estate may be a way to generate revenue quickly. There are many different reasons for businesses in Louisiana to enter into a real estate transaction. And, in almost all of these transactions, a real estate contract will probably be a key part of the deal.

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