Category Archives: Business Law

Business laws cover everything which has to do with the conduct of business. These laws governs starting and managing a business, as well as transactions such as contracts and sales documents. Employment and collection matters are also covered under business law.

Small Claims Suit + Counterclaim re: Breach of Contract I’m disabled & was the…

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Small Claims Suit + Counterclaim re: Breach of Contract
I’m disabled & was the Plaintiff in a Bench Trial Dec. 2. I was seeking damages against a Defendant for Breach of Contract re: Sale of my business to him for $12K. He signed a Promissory Note stating he was responsible for all payments on a 2004 Explorer as compensation for sale of biz. He defaulted a # of times and destroyed my credit since I had to co-sign the note. The Judge ruled ”that since the action was brought the Defendant has omitted payments altogether and is certainly in breach of contract. Under the contract the P. is entitled to be paid the balance needed to pay off the vehicle. Based upon the evidence before me I am not persuaded as to the balance due(1)”. My Law. failed to prove amount due(Malpractice?)but the (1)
notation after the Judge’s ruling states: ”Neither is this decision decisive of the future right
of any party for contributions or indemnity for payments made”. The
D. stopped making payments in Aug
08 & I’ve been making them since
so I’m suing for all payments I’ve made. In the Bench Trial the Judgement was for me, the P., but I only received nominal damages of $1.00 thanks to my Attorney. The Answer & Countercl. reflect what was already adjudicated. I’m being c-sued for $2K + face repo! PLEASEHELP

misleading affidavid, it is sufficient grounds to cancel sales contract If…

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misleading affidavid, it is sufficient grounds to cancel sales contract
If seller of a business signs an affidavit of no creditors and turns out to be misleading, is it sufficient grounds for buyer to cancel escrow and sales contract.

What if in the affidavit there is an indemnification.

Indemnification. If, contrary to no security interest, no creditors, no claims as stated of this affidavit, there are any security interests or other liens, debts, liabilities or claims, Seller and the signer of this affidavit will remove the encumbrances, pay the debts, liabilities or claims, and protect Buyer from any loss or liability.

?

Commercial Lease -Notice to Quit I lease commercial space where I operate a…

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Commercial Lease -Notice to Quit
I lease commercial space where I operate a fish market. A recent inspection by the building dept identified several structural and other issues that need to be resolved. A day later my landlord’s attorney sent a letter giving me 48 hours to submit a letter agreeing to remedy all issues -even though some of the issues are related to other areas of the building,including his business.

The next day I received a Notice to Quit from his attorney informing me that my lease is being terminated next week -June 1st. My question – what recourse do I have? Can he really terminate my lease without a hearing? or court proceeding? Thanks for your help…