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Oakland CA Business & Commercial Law Blog

Contract dispute question: Who owns Snopes?

Most California business owners might agree that differences in  interpretations can lead to serious contract problems. Popular online debunking site Snopes is currently involved in a contract dispute regarding several key issues, one being who, in fact, owns the company at this time. Court hearings recently began to try to answer this and several other important questions.

Bardav, Inc. is Snopes' parent company and is going toe-to-toe against Proper Media, a company claiming to a partial current owner of the website. Snopes CEO David Mikkelson is at the heart of the heated ongoing contract dispute. The court has been asked to determine whether Mikkelson has a right to cancel a contract with Proper Media, as well as whether he is fit to own Snopes.

Many thrilled with business merger on the East Coast

The California home-building industry has definitely seen its ups and downs over the past 10 to 15 years. Many real estate and business analysts say the current market is quite favorable, with promising financial futures ahead for many home building companies. A recent business merger that took place on the East Coast seems to include far more pros than cons, expanding an existing successful company while helping another get out of debt.

The business merger amounted to a $356 million deal between Century Communities and UCP Inc., plus its subsidiary company, Benchmark Communities, LLC. Century Communities was originally based in a western state, but recently expanded its stronghold to include various locations in the southeastern part of the United States. As part of the deal, funds were included to satisfy nearly $150 million of UCP Inc. debt.

Workers from prominent company strike due to contract dispute

Forbes lists Aramark Uniform Services as the one of the largest privately owned companies in the nation. The company boasted $13 billion in revenue a handful of years ago. With over a quarter million employees, it was bound to face a significant contract dispute sooner or later. California employers, particularly those currently dealing with insurance premium issues, may want to keep tabs on the current situation.

The contentious situation involves about 75 members from United Electrical Workers Local 1121. They are responsible for laundering uniforms for many different businesses, such as hotels and restaurants. However, the workers recently walked off the job due to the ongoing contract dispute.

Contract dispute: Professors versus college

When parties enter into a written agreement and terms are in some way violated, it can lead to a contentious battle. In fact, an unresolved contract dispute often causes delays in production and profitability in California businesses when parties who are dissatisfied staunchly refuse to move forward until the problem at hand is resolved. This is basically what has happened in another state where instructors at a particular college have gone on strike.

The teachers involved in the ongoing contract dispute are employed at an aeronautics school. Their previous contract expired in March, and they have been unable to reach an agreement with school administrators for a new deal. In fact, the teachers say the school has committed unfair labor practices, and until the situation is satisfactorily resolved, they refuse to return to their duties.

Enterprise Products Partners wins big in contract dispute appeal

The California business and commercial law system protects those who enter written agreements with other parties from breaches of the terms contained in their contracts. It's not uncommon for a contract dispute to arise if one party believes another has failed to fulfill his or her responsibilities and obligations set forth in a particular agreement. That's what happened when Energy Transfer Partners (ETP) signed a prospective pipeline deal with Enterprise Products Partners (EPP).

EPP decided there wasn't enough customer support regarding its proposed deal with the other company. In fact, those negotiating the deal said as much to representatives from ETP before walking away and entering an agreement with a Canadian company instead. ETP didn't like that, and filed a contract dispute lawsuit against EPP in federal court, alleging that EPP breached the agreement to do business together.

Pilot wings seem to be flying away after contract dispute

In 2001, American Airlines acquired Trans World Airlines. Part of the agreement at the time reportedly protected the captain positions of a number of TWA pilots. Following arbitration in a recent contract dispute, those pilots have been given some very bad news. Anyone currently facing contract problems in California may be interested in the story.

The arbitrator of the contract dispute apparently ruled that the protection the pilots were offered is no longer active. At least 85 former TWA pilots who thought they'd be captains for American Airlines are now at risk for being demoted to first officers. American Airlines pilots are slated to take the captain positions that were promised to the TWA pilots when the acquisition took place.

Contract dispute may affect patients of noted children's hospital

When California business people encounter obstacles in their contracts, it often affects more than those directly involved. When medical care is at issue, as is the case in a current contract dispute between Blue Cross and Blue Shield and a well-known children's hospital in another state, patients themselves may suffer if problems remain unresolved. In this situation, the hospital's patients may have to go elsewhere for health care.

A contract between Blue Cross and Blue Shield and the children's hospital system is about to expire. A central focus of their ongoing contract dispute has to do with a request Blue Cross and Blue Shield made for a 31 percent payment cut for children at the hospital insured by Medicaid. The hospital said it would suffer long-term financial problems if such requests are met.

Namely business startup leads to executives' exit

California is a prime location for opening new businesses. The business world is a vast landscape of diverse people, some who bring their ideas to fruition in the marketplace in a matter of months and others who think and dream and plan for years before they take that final step to execute a business startup plan. Some plans lead to major changes as made evident by a recent situation at HR software company, Namely.

Namely's founder, Matt Straz, said just because the company CFO and CTO (among others) decided to resign doesn't mean there are internal problems, only that the company is evolving into a more organized unit. When executing a business startup plan, many people choose to act alongside experienced business and commercial law guidance. So many different problems can arise during the beginning phases of a business, and having a knowledgeable ally by on hand can help.

Martial artist involved in contract dispute with sports agency

UFC fans in California and beyond most likely follow the successful career of Nate Diaz, a prize fighter in the industry. In fact, the Diaz versus McGregor fight was one of the highest paying fights of all time, raking in approximately $2 million for Diaz. That fight, and several others, are now the subjects of a raging contract dispute in a civil court that The Ballengee Group, a sports agency, has filed against Diaz and several others.

The company says they had a deal with Diaz, and he failed to keep his end of the bargain. They claim the contract dispute arose when he and two others came up with a plan to breach the agreement. According to those representing the sports agency in court, Diaz failed to pay for services in four separate events.

Stay updated on business merger information at all times

Many California business people closely follow the daily rise and fall of the stock market. Investors, business owners and private citizens alike are typically interested in the current state of economy throughout the nation, as well as the rest of the world. Some say the best litmus test for assessing economic trends is to checkout business merger happenings in the marketplace. When CEOs are confident, there tends to be an increase in merger and acquisition transactions.

Entering a business merger is a common, yet serious, decision. When business leaders are worried about the nation's economic future, they apparently tend to tighten their own purse strings and focus their attentions on internal business dealings rather than consider venturing into merged deals with others. Those considering mega-deals generally want to have confidence in their future stock prices before stepping out into the deep of unknown economic waters.