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A common misconception is that the First Amendment gives private-sector employees an unrestricted right to say whatever they want online without workplace consequences. Generally, constitutional free speech protections restrict government action rather than decisions...
When a business dispute involves unpaid debts or pending litigation, some individuals attempt to move valuable assets out of reach before a creditor can collect. These transactions are commonly referred to as fraudulent transfers or, under modern statutes, voidable...
A verbal contract is an agreement you make through spoken words rather than a signed document. You may use a phone call, meeting or handshake to hire a vendor or set terms with a business partner. Kentucky courts generally enforce verbal agreements that meet contract...
A breach of contract can be a serious legal issue, as the breach can cause financial harm to one party. Many businesses have contracts with each other, such as a manufacturing plant that has a contractual relationship with a materials supplier. There are numerous ways...
You and your partner have spent years building your Kentucky business, but have you planned for what happens if one of you can no longer lead? Without a formal agreement, Kentucky law may dictate the future of your company. This can cause management deadlocks or even...
Your fire suppression system failed during a small kitchen fire, and now you face $500,000 in damage. The vendor points to a contract clause limiting their liability to the $15,000 you paid for the equipment. Understanding how contract terms restrict your recovery...
You extend credit to a business. Later, you notice that major assets have moved out of the company. Equipment, property or receivables no longer appear on recent records. The balance sheet shows fewer resources available to address outstanding debt. In some...
Starting a new business often means sharing ideas, plans, and data with others. You may talk with partners, vendors, or potential investors early on. A confidentiality agreement helps you control how others use that information and reduces the risk of misuse. They...
Unfair competition can harm your business reputation, customer relationships, and revenue. Kentucky law addresses several practices that cross the line from aggressive competition into unlawful conduct. Misrepresentation and deceptive practices Unfair competition...
When someone accuses your business of fraud, the claim can damage both your reputation and operations. Fraud cases often involve claims that a business intentionally misled another party for financial gain. Understanding the most common defenses can help you see how...