The construction industry is beginning to see the turnaround in the national economy. Building both commercial and residential structures is starting to pick up again after years of slow growth. This is, obviously, a good thing - for the most part. The unfortunate reality of an increase in construction is the likelihood of a concurrent increase in construction litigation.
Mergers and acquisitions are complex business transactions that can puzzle even the most astute businessperson or entrepreneur. But, for many companies in Louisiana, these types of transactions can be the best way to expand into new territory or diversify holdings. Unfortunately, sometimes two businesses that might merge, or one that might acquire another, don't see eye-to-eye about the deal. That can result in what is termed a "hostile acquisition" under business law.
Businesses of all shapes and sizes will likely become party to a variety of contracts during the course of operation. Contracts are just part of business, including contracts with vendors, employment contracts and real estate contracts. So, companies in Louisiana should know some of the basics of business contracts.
Employment litigation is just one of the many challenges that businesses in Louisiana will likely face at some point during the course of any given year. Although most companies do their best to institute policies and procedures that will, hopefully, prevent any type of discrimination or harassment in the workplace, the reality is that instances of this type of behavior can still occur.