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Can Dissolved Company Sue In Georgia?

Atlanta Business Attorney Discusses Dissolved Companies Ability To Pursue Legal Action

As an Atlanta litigation attornAtlanta litigation attorney, an interesting question I often get from clients looking to sue on behalf of his or her company is whether a dissolved company can still maintain a lawsuit in Georgia.  The answer is yes but only if the lawsuit is in furtherance of the winding up of the company's affairs and liquidate the company.  This is because the Corporate Code states that a dissolved company can only do acts aimed at winding up and liquidated the business.  Whether or not the specific lawsuit contemplated fits within the definition of an action necessary to wind up and liquidate the company is a question that is handled by Courts on a case by case basis. 

If you or your business have been sued by a dissolved corporation, visit our main website to learn more about how our commercial litigation lawyers can help you.

Atlanta Business Attorneys Discuss Alternative Business Dispute Methods

ATLANTA, GEORGIA, BUSINESS ATTORNEYS WHO KEEP OPTIONS OPEN FOR THEIR CLIENTS INVOLVED IN A BUSINESS DISPUTE – FROM ATLANTA TO ...

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Breach of Contract Damages In Georgia

You and your business rely on the contracts and other agreements entered into during the course of businsss.  As an Atlanta business attorney handling many breach of contract breach of contract cases, the most frequent question I hear time and again from clients is what damages are available due to a breach of contract.   Unfortunately, this is not necessarily an easy question to answer without knowing the specifics of the contract at issue and the breach you are wanting to pursue.  That being said, there are some general breach of contract principles that may help.

In breach of contract actions, the law seeks to place the parties back in the same position they would have been in had the contract not been breached.  This means the damages to the non-breaching party is compensation for the loss caused by the breach--in other words compensation to put the non-breaching party back in the position it would have been in had the contract not been breached.  If compensation will not place the non-breaching party in the position it would have been in had the contract not been breached, then the non-breaching party would need to sue for specific performance of the contract.  This is an action to force the breaching party to perform all obligations of the contract.   

In traditional breach of contract cases, the non-breaching party may have a right to consequential damages as well.  Consequential damages are damages which are the result of the breach, such as lost revenue or the loss of property.  These damages cannot be based on pure speculation, which makes loss of revenue sometimes difficult to obtain. 

In addition to compensatory and consequential damages, your contract may provide for the award of attorney's fees and costs of litigation.  Every contract we draft contains these provisions.  Even if you do not have the right pursuant to the terms of the contract to these damages, you still may be able to recover them as a result of the breaching parties actions during litigation.   

Finally, many clients do not realize that punitive damages, damages to punish the breaching party, are not recoverable in breach of contract actions. These damages are recoverable in tort actions such as personal injury claims or business disputes where there are tort claims involved, such as tortious interference with business relationships or tortious interference with contract.  

As an Atlanta breach of contract lawyer , it is important to review the contract language, get the facts surrounding the breach and what then analyze what remedies are available to the client as a result are the first steps in properly representing individuals and business owners in Georgia. 


Atlanta Business Attorney Discusses Parternship Dispute Issues

A frequent matter we handle as Atlanta business litigation attorneys is partnership disputes.  More often than not, one partner comes to us after having been left holding the bag by his or her partner(s).  Of course this partner has left with all of the day-to-day responsibilities of running the business--accountability for debts, liabilities and/or problems. The other partner seems to just gradually fade away from all responsibility to the detriment of the other partner's livelihood, money, time, family, and credit.  Naturally this causes the partnership relationship to fray because it truly is no longer a "partnership."  We are asked what can the partner left running the business by himself do to protect his interests. 

Georgia law views business partners much like a married couple.  Each owes a fiduciary duty to the other with regard to all aspects of running the business.  This duty is one of utmost trust and good faith, meaning that in every decision made and action taken by your business partner, he must have had you, his partner, and the partnership itself, in mind and felt it was in your and the business' best interest in deciding how to act. This is a very high standard of care that can and often is quickly breached by business partners who get greedy or even just apathetic.  

Partners are generally jointly and severally liable for the partnership's responsibilities, debts and liabilities. Therefore, it is recommended that you speak to a partnership dispute attorney first before deciding how to handle your partnership issues.  In most cases, you can take legal action against your partner if it becomes necessary to save the business and your personal investment.    

If you would like to speak to one of our partnership dispute attorneys, feel free to give us a call at (770) 887-3162 or visit our website for more information. Please also feel free to send us a confidential e-mail through our Web Site “Contact Us" form. Boling Rice, LLC has three conveniently located offices in Atlanta, Alpharetta and Cumming, Georgia.  Our Firm represents clients throughout the Metro Atlanta area, including: Atlanta, Alpharetta, Cumming, Roswell, Sandy Springs, Decatur, Lawrenceville, Marietta, Smyrna, Duluth, Acworth, Fayetteville, Norcross, Canton, John's Creek; DeKalb County, Fulton County, Cobb County, Forsyth County, Gwinnett County, Fayette County, Clayton County, Dawson County and Cherokee County.   

Do I Need A Georgia Divorce Attorney?

Obviously, this is one of the most important questions a divorcing couple will want to answer and often, unfortunately, there is no easy answer.  This article will explore different situations when it is advisable to hire a Georgia divorce attorney and those when it may not be necessary.  Ultimately the decision is one that only you can make given your specific situation.  

Contested or Uncontested?  If you and your spouse are not talking and dispute what each should get in the divorce, whether it be division of property issues or child custody issues, your divorce is going to be a contested matter and you should hire an attorney to fight for your rights.  Can you represent yourself in a contested divorce? Yes, but again, it is never advisable, especially if your spouse hires an attorney.  If child custody or visitation is a major dispute, you should have an attorney represent your interests.  The only time it may be ok to represent yourself in a contested divorce is if there are no child custody issues and the division of proper is minor (not a high asset divorce).  

What if your divorce is amicable (uncontested)?  Should you still hire an attorney.  There is a little more gray area in answering this question.  If the divorce is amicable, I can understand why you would feel an attorney is not necessary.  However, often times it is still better to have a divorce lawyer effectuate the divorce pursuant to the agreed upon terms between you and your spouse.  This is because several documents need to be filed with the Court, that you could attempt to do on your own, but really should be drafted and filed by an attorney.  In an uncontested divorce, a complaint for divorce still needs to be filed, along with an executed settlement agreement. The Settlement Agreement is the most important document in an uncontested divorce because it is the document that explains what each party gets from the divorce, whether that be real or personal property and/or child custody and visitation.  The contents of this document can make or break your rights after the divorce is finalized and there are many different nuances that need to be taken into consideration in almost every uncontested divorce.  For this reason, unless you have a low asset divorce without child custody or visitation issues, your uncontested divorce should be filed by an attorney.  Keep in mind that you can have one attorney do all of this for you.  This will require the cooperation of your spouse in the process, including sitting down with your attorney to go over the terms of the divorce so everyone is on the same page.  

In conclusion, here is a short recap of when you need a divorce lawyer and when you do not:

Child Custody Issues?----Need a lawyer
High asset divorce?---Need a lawyer
Contested divorce?---Need a lawyer
Uncontested, low asset and no child custody issues---Probably don't need a lawyer
Uncontested, high asset--- May need a lawyer

If you are in the Alpharetta or Cumming area and want to talk to an Alpharetta divorce attorney, feel free to visit our website for more information and fill out our "Case Review" form to speak to an attorney immediately or call us at (770) 887-3162.
   

Atlanta Business Been Sued? What To Do Next.

Unfortunately in today's business environment, almost every business owner will have to face defending a lawsuit at some time during running of their business.  Below are several steps from our Atlanta business litigation attorneys  that should be taken to avoid common pitfalls of defending a business in a lawsuit. These suggestions also apply to business disputes that have not yet resulted in litigation, yet.  

1.     Contact Your Attorney Immediately:   Do not wait to contact your attorney.  In Georgia, you have thirty (30) days to file an Answer to a Complaint from the date your company was originally served with the lawsuit.  Fortunately, Georgia law provides for an additional fifteen (15) days to file an Answer before you or your company can no longer fully defend itself.  However, waiting this long requires that you pay costs to the court. There is no advantage in waiting that long and certainly no reason to have to pay costs to the court so do not wait until your thirty days is up to contact your attorney.  When you contact your attorney, you need to tell him or her the exact date your company was served so he or she can keep that deadline in mind for the reasons stated above. 

     In Georgia, your company can be served with a lawsuit by having a sheriff or personal process server hand deliver a summons and complaint to one of several people---the registered agent designated for service of process, any officer of the company or other person designated for service of process. This can often times create issues since someone in the company may be served that does not let the proper officer know of the service in time to handle the response.  If you hire an outside company to serve as your business' registered agent then you will not have problem as the company will be served nine times out of ten.  However, if you select someone within your company to be the registered agent, you need to remind this person that it is imperative that he or she make note of the day when served and to immediately notify you or someone else elected to be responsible for contacting your attorney.  

Plaintiffs can also serve any of the company's officers with suit papers.  It is thus important that you express to all of your officers what they should do if and when served .  It is ultimately very important to tell your attorney who was served with the suit papers so he or she knows whether a service of process defense will be necessary.  Plaintiffs often inappropriately serve a front desk secretary with suit papers, an employee who is not an officer of the company and/or not an agent assigned by the company to received service of process.  

2.      Get Facts and Evidence:     It is always advisable that you keep detailed records throughout the course of your business relationship with clients, customers, partners, and vendors.  If a dispute arises or you are sued, you want to be able to provide your attorney with detailed evidence of the agreements and most importantly, the communications you have had with the other party regarding transactions and disputes that may have arisen.  If your company does a lot of communicating over the phone, make it a habit to keep notes on any important conversations at or near the time they occurred. More often than not, litigation occurs years after the underlying events that caused the dispute occurred.  Being able to look back at tangible evidence of what occurred, created at the time, will help your business litigation attorney defend the business.   When you make notes of important conversations, it is also important to note who you were talking to and the identity of others involved in the transaction or conversation.  Later this will help your attorney identify witnesses that may be important. Years later key employees or agents of the other party that you were dealing with may be long gone.  

3.     Keep Relations with Opposing Side Civil:     Despite the differences you may have with the party you are in a dispute with or has already sued you our your business, keeping the lines of communication open is always advisable.  More often than not, business litigation matters or disputes end in a compromise and settlement of the dispute at some stage of the litigation process.  Having kept the lines of communication open with the opposing party before you hire an attorney and through your attorney, during the litigation, will help facilitate a beneficial compromise before having to spend the money to try the case to a judge or jury.  It is always better to have to try a case because the other party is the one who is being unreasonable.  Litigation is expensive, whether you are on the right side of the law or not, and any time you can reasonably conclude a dispute short of going all the way through a trial, the better off you and your business will be.  It ultimately comes down to a business decision that can only be made by you and your partners.  However, sometimes it just does not make sense to settle and your attorney will be helpful to you in making that decision.    

If you would like to speak to one of our Atlanta business attorneys  about your litigation needs feel free to give us a call at (770) 887-3162 or visit our website for more information.  Please also feel free to send us a confidential e-mail through our Web Site “Contact Us" form. Boling Rice, LLC has four conveniently located offices in Atlanta, Alpharetta and Cumming, Georgia.  Our Firm represents clients throughout the Metro Atlanta and North Georgia area, including: Atlanta, Alpharetta, Cumming, Roswell, Sandy Springs, Decatur, Lawrenceville, Marietta, Smyrna, Duluth, Acworth, Fayetteville, Norcross, Canton, John's Creek; DeKalb County, Fulton County, Cobb County, Forsyth County, Gwinnett County, Fayette County, Clayton County, Dawson County and Cherokee County.   

Atlanta Business Attorney: Types of LLC Structures in Georgia


     There a many different types of limited liability company structures depending on whether it is a single or multi-member LLC, how you want the company to be managed and how you would like it to be treated for tax purposes.  The types of Georgia limited liability corporations include:

        Single Member Structures:

              1.   Single-member LLC owned by an individual and taxed as a sole proprietorship; 

              2.   Single-member LLC owned by an individual and taxed under Subchapter S (avoids double taxation issues);
    
              3.   Single-member LLC owned by an individual and taxed under Subchapter C (LLC taxed as corporation and then members                      taxed on distributions);

              4.   Single-member LLC owned by an entity and treated as a disregarded entity for tax purposes;

              5.   Single-member LLC owned by an entity and taxed under Subchapter S as a qualified subchapter S subsidiary; and 

              6.   Single-member LLC owned by an entity taxable under Subchapter C.

         Multi-Member Structures:

              1.    Multi-member LLC with a simple general partnership management structure and taxed under Subchapter K;

              2.    Multi-member LLC with a simple general partnership management structure and taxed under Subchapter S;

              3.     Multi-member LLC with a complex general partnership management structure and taxed under Subchapter K;

              4.     Multi-member LLC with a complex general partnership management structure and taxed under Subchapter S;

              5.     Multi-member LLC with a simple limited partnership management structure, controlled by managers, and taxed under                            Subchapter K;

              6.     Multi-member LLC with a simple limited partnership management structure, controlled by managers, and taxed under                            Subchapter S;

              7.     Multi-member LLC with a simple limited partnership management structure, controlled by managers, and taxed under                            Subchapter C;

              8.     Multi-member LLC with a complex general partnership management structure and taxed under Subchapter K;

              9.     Multi-member LLC with a simple limited partnership management structure, controlled by members, and taxed under                            Subchapter K;

              10.   Multi-member LLC with a simple limited partnership management structure, controlled by managers, and taxed under                            Subchapter S;

              11.   Multi-member LLC with a simple limited partnership management structure, controlled by managers, and taxed under                            Subchapter C;

              12.   Multi-member LLC with a complex limited partnership management structure, controlled by managers, and taxed under                        Subchapter K;

              13.   Multi-member LLC with a complex limited partnership management structure, controlled by managers, and taxed under                        Subchapter S;

              14.   Multi-member LLC with a complex limited partnership management structure, controlled by managers, and taxed under                        Subchapter C;

              15.   Multi-member LLC with a corporate management structure taxed under Subchapter K; 

              16.   Multi-member LLC with a corporate management structure taxed under Subchapter S;

              17.   Multi-member LLC with a corporate management structure taxed under Subchapter C;

              18.   Series LLC.

         If you would like to speak to one of our Atlanta business formation or business litigation attorneys feel free to give us a call at (770) 887-3261 or visit our website for more information.  Please also feel free to send us a confidential e-mail through our Web Site “Contact Us" form. Boling Rice, LLC has three conveniently located offices in Atlanta, Alpharetta and Cumming, Georgia.  Our Firm represents clients throughout the Metro Atlanta area, including: Atlanta, Alpharetta, Cumming, Roswell, Sandy Springs, Decatur, Lawrenceville, Marietta, Smyrna, Duluth, Acworth, Fayetteville, Norcross, Canton, John's Creek; DeKalb County, Fulton County, Cobb County, Forsyth County, Gwinnett County, Fayette County, Clayton County, Dawson County and Cherokee County.   

WELCOME!

Welcome to Boling Rice's business law blog. Here you will find various articles on business law topics that will 
hopefully be helpful to current and prospective clients and their businesses in Georgia. Please feel free to post comments on
articles that are of interest to you. As always, if you would like to speak to one of our business attorneys in Atlanta, Alpharetta or Cumming, please visit our website for more information (www.businesslawyerinatlanta.com).

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