How to settle disputes between business partners

Business disputes can become public quickly and impact even successful businesses. In recent media reports, there has been speculation that business owners of the well-known athleisure brand PE Nation, Pip Edwards and Claire Tregoning, are ‘feuding’. The brand has denied the rumours. But it raises the question: “how do you resolve disputes between business partners?” Business partnerships can be an excellent way to start and run a successful business and often do well when the partners are aligned. However, disagreements among partners can quickly arise, leading to legal disputes that can disrupt or even destroy the business. It’s crucial for…

DHS Released a Notice on the Addition of Entities to the UFLPA Entity List

On August 4, 2022, the US Department of Homeland Security (DHS), as the Chair of the Forced Labor Enforcement Task Force (FLETF), formally published the Uyghur Forced Labor Prevention Act (UFLPA) Entity List. The Entity list is a consolidated register of the four lists required to be developed and maintained pursuant to Section 2(d)(2)(B) of the UFLPA. DHS also released details on seeking changes to the UFLPA Entity List, including requests for removal from the list. For our previous blog entries on the UFLPA and its implementation, see posts here, here, here, here, here and here. UFLPA requires the Commissioner…

Managing financial and other risks as a Contractor

Whether you are a new contractor or have been working in the industry for some time, it is important to keep yourself informed, up to date and prepared for the various issues and risks faced in the construction industry. As many are well aware, the long term affected of the pandemic and subsequent inflation over the costs of materials and supplies. In such an environment, it has become far riskier to conduct business in circumstances where companies are often set up with little to no assets to their name. Meaning that if something goes wrong, the ability to recover any…