Even though you would probably prefer that your business never gets involved in any lawsuit, there are lots of different instances where it can happen. Sometimes they’re your fault. Sometimes they are not. But, at least having a basic set of information about what lawsuits mean coming from you or going away from you as a business entity makes sense on a practical level.
You need to know about lawsuits on defense and offense. You need to understand how to legally protect your money and assets in the event of issues. And it’s not a bad idea to do a risk assessment if you might end up losing more money than you gain even if your lawsuit is successful.…Continue reading