A partnership is a business structure involving more than 2 people who distribute income or losses between themselves. There are three main types of partnerships – (1) general partnership (2) limited partnership (3) incorporated limited partnership. Partnerships (2) and (3) can only be formed by registering the entity, while partnership type (1) can be implied [...]
When your company is served with court documents commencing a legal proceeding, your company will have to take certain steps within stipulated timelines. These are crucial steps, the failure of which will have swift negative consequences. These administrative steps include informing the Court that you are disputing the claim, and filing a statement setting out [...]
The rise of the digital currency era brings about a diverse empire of digital tokens, including cryptocurrencies and the elusive NFT’s which have taken the 21st century by storm. NFT’s have created ample controversy in the copyright field, particularly regarding what constitutes a copyright infringement in the digital world. Below, we discuss what exactly an NFT [...]
All businesses dread being embroiled in a dispute. It takes away time and resources from more pertinent business activities to grow and strengthen the business. Business disputes are very much a part of a business. Employing strategies and ensuring a budget to deal with disputes is important. To reduce costs, a business may choose to [...]
