by Torro | May 3, 2022 | Blog, Business Law
Buying or selling any business comes with certain risks. To avoid getting the short end of the stick, it is necessary to have at least a fundamental understanding of the process. Furthermore, it is important to take certain steps to reduce your risk, make the process...
by Torro | Dec 16, 2021 | Blog, Business Contracts, Dispute Resolution
In today’s world, almost all business transactions involve an agreement – typically a written agreement. The terms “contract” and “agreement” really refer to the same thing and are often used interchangeably. Breach of contract is one of...
by Torro | Sep 9, 2021 | Blog, Business Contracts, Kansas Business Law, Oklahoma Business Law, Texas Business Law
A valid contract legally binds the parties in the contract to certain duties under the agreement. First and foremost, the parties have a duty to perform their obligations in good faith according to the terms of the contract. As long as they do so, there is no problem....
by Torro | Nov 30, 2020 | Blog, Corporate Governance, Corporate Status, Kansas Business Law, Limited Liability, Oklahoma Business Law
When it comes to creating a business from the ground up, the list of decisions that you will have to make can seem overwhelming. One of the biggest decisions you can make starting out is to decide if your business will be an LLC or a corporation. In today’s post, we...
by Torro | Sep 17, 2020 | Blog, GDPR Compliance, Privacy Laws
We wanted to update our blog to help create a better understanding of GDPR in 2020 going into 2021. We will be discussing how this affects U.S. companies, the risks of failing to comply, how you can stay in compliance, and the progress of similar bills in America. So...