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September 2016 Archives

Appeal lost by Vivendi after $49.8 million ruling in lawsuit

Vivendi is a large media conglomerate with a bit of a controversial history. In the early 2000s, it was accused of violating federal securities laws. Shareholders were not pleased, and they sued Vivendi for the ordeal. The verdict in that case came down in 2010, and it found the company liable for $49.8 million. Vivendi appealed the verdict, and it was recently rejected by the 2nd U.S. Circuit Court of Appeals.

When conflict arises, consult with an attorney as soon as possible

Whenever a business is in the midst of a major legal move, tensions will be running high. The people involved are going to strategize and contemplate the best moves for them, and other parties involved in (or with) the company are going to be very interested in what ultimately happens.

Common questions when forming a business

Being an entrepreneur is a stressful existence. There is so much on your plate at any one time. But the beautiful thing about entrepreneurs is that they relish the opportunity to fix problems and grow a business from a tiny operation to a successful company. The stress is just part of the equation. Thankfully, there are resources and advisers that entrepreneurs can utilize to help them answer their most burning questions.

Spotify, major music companies at contract impasse

Spotify is a staple of music streaming nowadays, and it is one of the most popular music applications in the world. The Swedish company has done an amazing job marketing their product and making it accessible and easy to use for consumers. But there is an interesting problem surrounding Spotify right now: they are out of contract with Universal Music, Warner Music and Sony Music, the three major music companies.

Three tips to help businesses emerge from bankruptcy

Businesses that struggle during tough economic times may need to go through a Chapter 11 bankruptcy. This form of bankruptcy is designed to help reorganize the business with the intention that it will come out of bankruptcy with the ability to operate again as a fully functioning business.