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Kansas Business lawyer Archives

Safeguard Your Kansas City Business' Bottom Line: Be on the Watch for Business Torts

Business owners are often attentive of the importance that contracts play in the business world and are quick to seek counsel if a contract is breached. However, a sizeable segment of business-related litigation stems from what are referred to as "business torts." A "tort" is a class of civil intentional or negligent wrongs. Business torts do not include damage to property or persons, but rather target a business' intangible assets. A business that has suffered economic loss as the result of a business tort can file suit against the offending business or individual. A savvy business owner can safeguard his or her business' bottom line simply by being aware of the existence of these causes of action. Three of the most common business torts that can jeopardize a business and its economic interests are:

Kansas Business Lawyer Offers Tips on How to Divorce-Proof Your Kansas Business

If you are a business owner who is either married or even contemplating marriage, you need to be aware of the fact that you could lose all or a substantial portion of your business in the event of a divorce. Do not fool yourself into thinking that divorce cannot happen to your marriage. Unfortunately, divorce is a real possibility for any marriage and the best thing you can do to protect your business in the event of a divorce is to be proactive. Accordingly, the following is a list of things you may be able to do to divorce-proof your Kansas business:

Safeguard Your Kansas City Business' Bottom Line: Be on the Watch for Business Torts

Business owners are often attentive of the importance that contracts play in the business world and are quick to seek counsel if a contract is breached. However, a sizeable segment of business-related litigation stems from what are referred to as "business torts." A "tort" is a class of civil intentional or negligent wrongs. Business torts do not include damage to property or persons, but rather target a business' intangible assets. A business that has suffered economic loss as the result of a business tort can file suit against the offending business or individual. A savvy business owner can safeguard his or her business' bottom line simply by being aware of the existence of these causes of action. Three of the most common business torts that can jeopardize a business and its economic interests are:

Signs Your Kansas City Partnership is Headed Towards a Business Divorce

Running a business is no simple task. However, it can be more challenging than necessary if two partners are often feuding. Of course, some degree of disagreement amongst partners is normal and can be expected from time to time. However, partners that are constantly battling are sure to interfere with a business' bottom line and future goals. Before your partnership becomes embroiled in a bitter business divorce, it is wise to speak with an attorney. A seasoned business litigation attorney can help decipher the true cause of disputes and may be able to offer you helpful options based on the needs of the partnership. The following are a few of the major causes of partnership disputes that can ultimately lead to the demise of a partnership and to a business divorce:

Is your Kansas City Business Partner Embezzling Partnership Funds?

Your business has been doing very well for the last year, although from looking at the books, you would think the opposite. Your business partner does not seem worried in the least, which starts to make you suspicious that your partner may be embezzling partnership funds. Embezzlement is the "[f]raudulent taking of personal property with which one has been entrusted", as defined by Black's Law Dictionary. Unlike common theft, embezzlement involves the theft of a certain item by a person with a fiduciary duty, or a responsibility, to act in the best interests of another person or entity. Specifically, business partners have fiduciary duties not only to their business, but also to each other. This means that if one partner is truly embezzling partnership funds, he or she may be on the hook not only to his or her partners, but also to the business as a whole.

Seven Tips for Starting a Successful Kansas City Business with Your Spouse

A great marriage shares many similarities with a successful business partnership. The same can be said of an unsuccessful business or marriage. When spouses decide to start a business, they risk more than non-couple business partners. Since troubles in a spouse owned business can spill over into the couple's marriage, it is important to get started out on the right foot. If you and your spouse are considering starting a business together, here are seven tips to put you on the path towards success:

Is your Kansas City Small Business ADA Compliant?

Small business owners need to be aware of a plethora of rules, regulations and ordinances in order to protect themselves and their business from unwanted problems. Laws that affect small business owners are constantly being amended, updated or clarified by the courts. With this in mind, trying to keep up with the changes can sometimes feel like a full-time job. In southern California, one man, Alfredo Garcia, has definitively made small business owners more aware of one particular law - the Americans with Disabilities Act (ADA) - albeit in a most unwelcome way.

Tips to Avoiding Common Business Litigation Mistakes in Kansas City

Most people are in business simply to make a profit. Mistakes in business not only cost money but also time - and time, as they say, is money. If your company is facing a problem, whether it is with a supplier, supplier or others, you may be wondering if litigation will be necessary. The last thing you want is for mistakes in litigation to cost your business money. In order to avoiding doing so, consider these tips:

Corporate Remedies for the Misappropriation of Trade Secrets in Kansas

Under the Kansas Uniform Trade Secrets Act, or KUTSA, it protects companies from the disclosure by others of valuable business information known as "trade secrets". When a trade secret is "misappropriated", this refers to when another individual obtains a company's trade secrets by improper means, such as through stealing a corporate formula or other type of protected business information. A misappropriation of a trade secret also occurs when a person divulges sensitive corporate information to others or uses it without the permission of its rightful owner. This typically arises when an individual takes a position with one of their former employer's business competitors and decides to disclose their trade secrets. Regardless of the situation, KUTSA provides certain relief for corporations that have been aggrieved in this regard.

Protecting Trade Secrets Under the Kansas Uniform Trade Secrets Act

In the U.S., numerous states - including Kansas - have adopted the Uniform Trade Secrets Act, (the "Act"), which serves to protect the secrecy and economic viability of certain types of sensitive business information. Referred to in Kansas as the "Kansas Uniform Trade Secrets Act" or "KUTSA", K.S.A. §§ 60-3320 to 60-3330, it defines a "trade secret" as "information, including a formula, pattern, compilation, program, device, method, technique, or process that: