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Mark S. Adams

Litigation Broken Promises: Understanding and Addressing Breach of Contract Claims

Contracts are the backbone of business, setting expectations and obligations for the parties involved. But when one party fails to meet their contractual obligations, it can lead to significant disputes and financial consequences. These disputes, known as breach of contract claims, are among the most common legal issues businesses and individuals face. This article explores […]

Litigation Building the Foundation: Choosing the Right Business Structure for Your Venture

Written by: Mark S. Adams Starting a business is exciting, but one of the first and most important decisions you’ll face is choosing the right business structure. The structure you select—whether it’s an LLC, corporation, or partnership—will affect your liability, taxes, and how you operate your business on a day-to-day basis. This article breaks down […]

Litigation COVID-19 Coronavirus as a Force Majeure Defense to Contractual Non-performance

One often doesn’t know the extent of one’s insurance coverage until a calamity occurs. So it is with force majeure provisions in contracts Typically, force majeure provisions are included in contracts to excuse a party from contractual obligations if some unforeseen event beyond its control prevents performance of its contractual obligations. As of March 2, […]

Litigation The director’s friend: The business judgment rule

The director’s friend: The business judgment rule By Mark Adams Reprinted with permission, Orange County Business Journal, August 27, 2012   A corporate director is entrusted to act for and on behalf of the corporation and its shareholders in managing the corporation’s affairs. A director assumes fiduciary duties and is expected to act with honesty, loyalty, […]