Stephen J. O'Connor Business Law Blog

Before signing any agreement to buy a business, a prudent buyer should thoroughly review its financial condition.  This process—sometimes called due diligence—involves a comprehensive accounting review of the financial statements of the business and a verification of its assets and inventory.  Due diligence should also include an in-depth review of potential liabilities. ... Read More

Many of the defining characteristics of the United States court system find their roots in the English common law tradition.  The use of court-made precedent and reliance upon attorneys as advocates and fact-finders distinguished English common law courts from their civil law counterparts in continental Europe.  As our founders were mostly of English descent, they adopted judicial processes that were familiar to them.  Thus the common law tradition made its way to the United State... Read More

It is inevitable that at some point or another all businesses will face a legal dispute.  Business litigation takes many forms, including contract disputes, premises liability, misrepresentation, and employment matters.  All have the potential to bring about unwanted consequences for both small and large businesses. ... Read More