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Breach of Contract: Frequently Asked Questions
Posted By Salvador Phillips, PLLC || Aug 8, 2018A breach of contract is essentially a legal term that is used in situations where one party does not honor the terms of a legal agreement. A breach can occur for any number of reasons, including unexpected delays, financial difficulties, or other unforeseen events that cause someone to breach a business contract. If you own a business or are considering entering into a business contract, you ...Continue Reading
What You Need to Know About Incorporating Your Business in Arizona
Posted By Salvador Phillips, PLLC || Jan 29, 2018Seeing your small business grow is an exciting and motivating experience. However, as you begin to expand, you might want to consider incorporating your business. This can not only provide financial advantages, but it can also give you the tools to grow and develop your business for years to come. Our firm provides knowledgeable representation to business owners throughout the incorporation ...Continue Reading
Partnership Disputes: When Do I Need to Involve a Business Attorney?
Posted By Salvador Phillips, PLLC || Dec 6, 2017Disputes between business partners can affect the daily operations of a successful company and can strain professional relationships. Partner disputes can sometimes be difficult to gauge, making it hard to know whether the dispute can be resolved informally or if it will require a lawsuit. Common partner disputes include: Inequality of work or pay Competing with the business Misappropriating ...Continue Reading
How to Legally Dissolve a Business in Arizona
Posted By Salvador Phillips, PLLC || Nov 22, 2017When it comes time to close a corporation in Arizona, there are multiple tasks that will need to be taken care of before a business can be dissolved. In this blog, we explain how to legally dissolve a business in the state of Arizona. Dissolving a Business Arizona’s Business Corporation Act allows for voluntary dissolution through a shareholder vote at a shareholder meeting. The board of directors ...Continue Reading
Understanding the 3 Elements of a Breach of Contract
Posted By Salvador Phillips, PLLC || Oct 18, 2016Most people, in their adult lives, have signed a contract at least once. Many have heard that it is important to read the fine-print closely. But, have you ever wondered the importance of actually taking the time to do so? This is due to the amount of weight that a contract can carry. A contract is a promise that can be legally enforced. Generally, contracts are used when a person purchases a ...Continue Reading
Stay Connected with Salvador Phillips, PLLC
Posted By Salvador Phillips, PLLC || Apr 15, 2016At Salvador Phillips, PLLC, we take pride in providing individuals, families, and businesses across Phoenix and the state of Arizona with representation that unites a small firm feel with big firm results. This means we place a priority on working personally with all clients, making their interests our interests, and creating customized, cost-efficient legal strategies that produce the best ...Continue Reading
The 4 Benefits of Forming an LLC
Posted By Salvador Phillips, PLLC || Dec 21, 2015Forming a limited liability company (LLC) can be beneficial for many reasons. To begin, this type of hybrid legal structure allows you to benefit from the limited liability features of a corporation while experiencing the tax efficiencies and flexible operations of a partnership ran business. Unlike like many other types of businesses, owners of an LLC are referred to as members. The amount of ...Continue Reading
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