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    <title type="text">Gregory and Adams, P.C.</title>
    <subtitle type="text">Gregory and Adams, P.C.</subtitle>

    <updated>2026-03-17T12:08:54Z</updated>

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        <entry>
            <author>
									                    <name>On Behalf of Gregory and Adams, P.C.</name>
				            </author>
            <title type="html"><![CDATA[3 ways to protect your business from unfair trade practices]]></title>
            <link rel="alternate" type="text/html" href="https://www.gregoryandadams.com/blog/2026/03/3-ways-to-protect-your-business-from-unfair-trade-practices/" />
            <id>https://www.gregoryandadams.com/?p=49289</id>
            <updated>2026-03-12T12:09:37Z</updated>
            <published>2026-03-17T12:08:54Z</published>
					<taxo:topics><![CDATA[-]]></taxo:topics>
            <summary type="html"><![CDATA[High-stakes business in Connecticut can leave you exposed to unfair trade practices. Competitors may misrepresent products or exploit contract gaps. Even small mistakes can cost millions or hurt your reputation. However, you can take these steps to protect your business and lower risk while following Connecticut’s rules. Conduct thorough due diligence on partners and contracts It may benefit you to…]]></summary>
			                <content type="html" xml:base="https://www.gregoryandadams.com/blog/2026/03/3-ways-to-protect-your-business-from-unfair-trade-practices/"><![CDATA[<span style="font-weight: 400;">High-stakes business in Connecticut can leave you exposed to unfair trade practices. Competitors may misrepresent products or exploit contract gaps. Even small mistakes can cost millions or hurt your reputation. However, you can take these steps to protect your business and lower risk while following Connecticut’s rules.</span>
<h2><span style="font-weight: 400;">Conduct thorough due diligence on partners and contracts</span></h2>
<span style="font-weight: 400;">It may benefit you to carefully check every business partner, supplier and client before signing agreements. This means looking at their reputation, past disputes and all claims about their products or services.</span>

<span style="font-weight: 400;">In Connecticut, the </span><a href="https://portal.ct.gov/dcp/trade-practices-division/about-the-connecticut-unfair-trade-practices-act-cutpa?language=en_US#:~:text=The%20Connecticut%20Unfair%20Trade%20Practices%20Act%20(CUTPA)%20prohibits,commonly%20used%20as%20a%20private%20right%20of%20action." target="_blank" rel="noopener noreferrer" data-wpel-link="external"><span style="font-weight: 400;">Unfair Trade Practices Act (CUTPA) can apply</span></a><span style="font-weight: 400;"> if you or others misrepresent terms, make deceptive claims or engage in misleading marketing or sales practices. Ordinary contract disputes are not automatically CUTPA violations. The conduct generally must be unfair or deceptive and affect trade or commerce.</span>

<span style="font-weight: 400;">Checking carefully lowers the chance of future disputes.</span>
<h2><span style="font-weight: 400;">Implement internal compliance and risk-monitoring systems</span></h2>
<span style="font-weight: 400;">Strong internal controls help you catch problems before </span><span style="font-weight: 400;">they</span><span style="font-weight: 400;"> grow. You can create systems to track marketing claims, contract terms and competitor activity.</span>

<span style="font-weight: 400;">This starts by checking how your business looks to others and how employees handle deals. Here are specific actions to make your compliance program work:</span>
<ul>
 	<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Conduct regular audits of sales and marketing materials</span></li>
 	<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Train employees on clear and accurate representations</span></li>
 	<li style="font-weight: 400;" aria-level="1"><a href="/business-law/contracts/" data-wpel-link="internal"><span style="font-weight: 400;">Review contracts</span></a><span style="font-weight: 400;"> with outside counsel before signing</span></li>
 	<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Monitor competitor behavior for signs of unfair trade practices</span></li>
</ul>
<span style="font-weight: 400;">You may also gather competitor information only through lawful, public and non-collusive means to avoid antitrust or misappropriation issues. These measures give early insight and prevent expensive problems.</span>
<h2><span style="font-weight: 400;">Address disputes early and strategically</span></h2>
<span style="font-weight: 400;">You may need to act quickly if a potential unfair trade practice arises. Early action can save money and keep relationships strong. You can raise issues directly with the other party or consider informal resolution.</span>

<span style="font-weight: 400;">Depending on the situation, consider a demand letter or reporting to a regulator. Otherwise, CUTPA claims usually go to court and have a three-year time limit for private actions. Delays can affect injunctive relief and evidence.</span>

<span style="font-weight: 400;">Taking measured steps early limits risk to your business.</span>
<h2><span style="font-weight: 400;">Protecting your bottom line and reputation</span></h2>
<span style="font-weight: 400;">In doing these three strategies, you can </span><a href="/business-law/" data-wpel-link="internal"><span style="font-weight: 400;">protect your business finances and reputation</span></a><span style="font-weight: 400;">. Connecticut businesses face complex rules under CUTPA and other state laws, but consistent vigilance reduces exposure. Staying proactive allows you to maintain a strong position in the market while avoiding costly surprises.</span>]]></content>
						        </entry>
	        <entry>
            <author>
									                    <name>On Behalf of Gregory and Adams, P.C.</name>
				            </author>
            <title type="html"><![CDATA[Why title searches and title insurance matter in property deals?]]></title>
            <link rel="alternate" type="text/html" href="https://www.gregoryandadams.com/blog/2025/12/why-title-searches-and-title-insurance-matter-in-property-deals/" />
            <id>https://www.gregoryandadams.com/?p=49286</id>
            <updated>2025-12-11T07:37:59Z</updated>
            <published>2025-12-16T09:07:28Z</published>
					<taxo:topics><![CDATA[-]]></taxo:topics>
            <summary type="html"><![CDATA[When you buy property in Connecticut, you usually want more than keys and a deed. You also want confidence that no one else can claim a right to your home or building. A clear title can give you that reassurance by showing who owns the property and what claims may affect it. Conducting a thorough title search and choosing the…]]></summary>
			                <content type="html" xml:base="https://www.gregoryandadams.com/blog/2025/12/why-title-searches-and-title-insurance-matter-in-property-deals/"><![CDATA[When<span style="font-weight: 400;"> you buy property in Connecticut, you usually want more than keys and a deed. You also want confidence that no one else can claim a right to your home or building. A clear title can give you that reassurance by showing who owns the property and what claims may affect it. Conducting a thorough title search and choosing the right title insurance can help you prevent hidden issues from turning into costly surprises.</span>
<h2><span style="font-weight: 400;">What does a Connecticut title search look for?</span></h2>
<span style="font-weight: 400;">A Connecticut title search examines the land records in the town where your property is located. Since the Town Clerk maintains these records, you or your real estate team typically work directly with that office. You often include the Municipal Tax Collector in the search, because recent unpaid taxes might not yet appear in the land records.</span>

<span style="font-weight: 400;">You generally trace the chain of ownership back at least 40 years. This helps you meet the </span><a href="https://codes.findlaw.com/ct/title-47-land-and-land-titles/ct-gen-st-sect-47-33c/" target="_blank" rel="noopener noreferrer" data-wpel-link="external"><span style="font-weight: 400;">Connecticut Marketable Title Act</span></a><span style="font-weight: 400;">, which establishes “marketable record title” by extinguishing conflicting claims older than the 40-year root of title. You check each transfer to ensure it links properly to the next and that no breaks appear in the chain.</span>

<span style="font-weight: 400;">During the search, you or a title professional can review:</span>
<ul>
 	<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Deeds showing past ownership transfers</span></li>
 	<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Mortgages or home equity loans that remain as liens</span></li>
 	<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Judgment liens from court cases</span></li>
 	<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Easements, restrictions and rights of way that limit property use</span></li>
</ul>
<span style="font-weight: 400;">In some towns, not all records appear online. Visiting town hall to review paper files or maps can help you catch issues that a quick digital search might miss, such as recently billed municipal assessments.</span>
<h2><span style="font-weight: 400;">What title problems might you uncover?</span></h2>
<span style="font-weight: 400;">Your search may reveal routine issues that the seller can usually resolve before closing. These include old mortgages that were paid off but never cleared, unpaid property taxes, contractor liens or unclear boundary lines.</span>

<span style="font-weight: 400;">Occasionally, you may find more complex problems. These issues might slow your purchase until you understand them and decide how to handle them. While rare, serious concerns may require negotiation, additional research or legal assistance. </span>
<h2><span style="font-weight: 400;">How does title insurance protect you?</span></h2>
<span style="font-weight: 400;">Title insurance cannot prevent problems from appearing in the records, but it protects you if a hidden issue arises after closing. Most buyers choose between two main types of policies. An owner policy protects your stake in the property, while a lender policy safeguards the bank’s interest. Opting for an owner policy can help you protect the equity you build.</span>

<span style="font-weight: 400;">If a covered defect appears, the insurer may provide legal defense and pay certain losses up to the policy limit. Policies list conditions and exclusions, so reviewing the details with an attorney can help you know what the policy covers.</span>
<h2><span style="font-weight: 400;">When should you involve a Connecticut real estate attorney?</span></h2>
<span style="font-weight: 400;">Talking with a Connecticut real estate attorney early in the process can give you clarity. They can explain what a title search covers, how far back the records go and how your contract addresses potential title issues. Your attorney can also guide you on steps to take if a problem arises. These discussions often help you feel more confident navigating your property purchase.</span>
<h2><span style="font-weight: 400;">The bottom line on protecting your title</span></h2>
<span style="font-weight: 400;">Performing a careful title search and choosing the right title insurance can help you secure the </span><a href="https://www.gregoryandadams.com/real-estate/" data-wpel-link="internal"><span style="font-weight: 400;">property transaction</span></a><span style="font-weight: 400;"> you expect. Knowing about potential issues ahead of time can save you time, stress and money while protecting your investment.</span>]]></content>
						        </entry>
	        <entry>
            <author>
									                    <name>On Behalf of Gregory and Adams, P.C.</name>
				            </author>
            <title type="html"><![CDATA[Complying with wetland rules in real estate projects]]></title>
            <link rel="alternate" type="text/html" href="https://www.gregoryandadams.com/blog/2025/09/complying-with-wetland-rules-in-real-estate-projects/" />
            <id>https://www.gregoryandadams.com/?p=49268</id>
            <updated>2025-09-17T13:37:56Z</updated>
            <published>2025-09-16T06:13:09Z</published>
					<taxo:topics><![CDATA[Land use]]></taxo:topics>
            <summary type="html"><![CDATA[If you plan to buy or develop property in Wilton, you need to understand how wetland laws apply so you can move forward effectively. Wetlands protect local ecosystems, but they also make real estate projects more challenging. Connecticut’s wetlands are strictly regulated under both local ordinances and state law, which means you must account for compliance from the start. How…]]></summary>
			                <content type="html" xml:base="https://www.gregoryandadams.com/blog/2025/09/complying-with-wetland-rules-in-real-estate-projects/"><![CDATA[If you plan to buy or develop property in Wilton, you need to understand how wetland laws apply so you can move forward effectively. Wetlands protect local ecosystems, but they also make real estate projects more challenging. Connecticut’s wetlands are strictly regulated under both local ordinances and state law, which means you must account for compliance from the start.
<h2>How wetland regulations affect your real estate project</h2>
Wetland rules influence nearly every step of a project. They determine not only what you build, but also how and when you can move forward. You may also need to:
<ul>
 	<li aria-level="1"><strong>Adjust building plans:</strong> Modify layouts or reduce project scale to protect wetlands.</li>
 	<li aria-level="1"><strong>Limit construction activities: </strong>Restrict work near sensitive areas.</li>
 	<li aria-level="1"><strong>Complete environmental studies:</strong> Submit assessments that demonstrate compliance.</li>
 	<li aria-level="1"><strong>Monitor land alterations: </strong>Track grading, soil movement, or vegetation removal that could trigger review.</li>
</ul>
If you ignore these requirements, you risk fines, project delays or stop-work orders. By addressing regulations early, you <a href="https://www.gregoryandadams.com/land-use-planning-and-zoning/" target="_blank" rel="noopener" data-wpel-link="internal">protect both your investment and your timeline</a>. To manage these obligations, you need to understand what regulators expect of you.
<h2>Steps you can take to stay compliant</h2>
Compliance does not happen by accident. You need to plan for it from the start. You can <a href="https://rtp.fedsoc.org/paper/the-land-use-labyrinth-problems-of-land-use-regulation-and-the-permitting-process/" data-wpel-link="external" target="_blank" rel="noopener noreferrer">take several proactive steps</a> to keep your project on track:
<ul>
 	<li aria-level="1"><strong>Conduct a site assessment: </strong>Hire an environmental consultant to identify wetlands on or near your property.</li>
 	<li aria-level="1"><strong>Consult town resources: </strong>Review Wilton’s wetland maps and local ordinances before you finalize plans.</li>
 	<li aria-level="1"><strong>Apply for necessary permits:</strong> submit your application to the Inland Wetlands Commission early to allow time for review.</li>
 	<li aria-level="1"><strong>Work with professionals: </strong>Engage surveyors, engineers and legal counsel to confirm that your plans meet regulatory standards.</li>
</ul>
Each of these steps reinforces the others while guiding you to proceed with fewer setbacks.
<h2>Why legal guidance matters</h2>
<span style="font-weight: 400;">Even with planning, wetland compliance can become complicated. Rules affect how much you spend, depending on the scope of your project and the features of your property. An attorney familiar with Wilton’s land use laws can guide you through permitting, negotiate with regulators and resolve disputes if they arise. With legal support, you reduce risk and maintain momentum.</span>

Balancing compliance and development in Wilton

Wetland regulations often seem complex, but they do not have to derail your project. By reviewing requirements early, working with qualified professionals and consulting with an attorney when needed, you can keep your development on track. By planning carefully, you can meet environmental standards and protect your investment.]]></content>
						        </entry>
	        <entry>
            <author>
									                    <name>On Behalf of Gregory and Adams, P.C.</name>
				            </author>
            <title type="html"><![CDATA[4 contract pitfalls that could expose your business to risk]]></title>
            <link rel="alternate" type="text/html" href="https://www.gregoryandadams.com/blog/2025/06/4-contract-pitfalls-that-could-expose-your-business-to-risk/" />
            <id>https://www.gregoryandadams.com/?p=49261</id>
            <updated>2025-06-04T05:56:48Z</updated>
            <published>2025-06-09T05:56:12Z</published>
					<taxo:topics><![CDATA[-]]></taxo:topics>
            <summary type="html"><![CDATA[Contracts are essential and complex. That is why even seasoned business owners can run into trouble if they ignore common contract pitfalls. Here are several contract mistakes that could harm your business and ways how to avoid them under Connecticut law. Relying on oral agreements (Handshake deals) Under the state law, contracts must be signed in writing to constitute a…]]></summary>
			                <content type="html" xml:base="https://www.gregoryandadams.com/blog/2025/06/4-contract-pitfalls-that-could-expose-your-business-to-risk/"><![CDATA[<span style="font-weight: 400;">Contracts are essential and complex. That is why even seasoned business owners can run into trouble if they ignore common contract pitfalls. Here are several contract mistakes that could harm your business and ways how to avoid them under Connecticut law.</span>
<h2><span style="font-weight: 400;">Relying on oral agreements (Handshake deals)</span></h2>
<span style="font-weight: 400;">Under the state law, contracts must be signed in writing to constitute a binding agreement. For example, a real estate sale will not hold up without a written contract. An oral agreement can leave you no legal recourse if the other side does not follow through. Always put essential deals in writing to protect your interests.</span>
<h2><span style="font-weight: 400;">Missing required disclosures or terms</span></h2>
<span style="font-weight: 400;">Some contracts must include specific details to be valid. For example, a home improvement contract must include:</span>
<ul>
 	<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">The contractor’s registration number</span></li>
 	<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Key dates</span></li>
 	<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Three-day cancellation notice</span></li>
</ul>
<span style="font-weight: 400;">Removing such required terms can</span><a href="https://portal.ct.gov/dcp/consumer/consumers----home-improvement-contracts?language=en_US" target="_blank" rel="noopener noreferrer" data-wpel-link="external"> <span style="font-weight: 400;">void a contract</span></a><span style="font-weight: 400;"> and even violate state law. It is automatically considered an unfair trade practice if you don't comply with the Home Improvement Act. Thus, you should include the clauses required by the law.</span>
<h2><span style="font-weight: 400;">Vague payment terms and lien risks</span></h2>
<span style="font-weight: 400;">In Connecticut, unpaid subcontractors can file a mechanic’s lien on the property. You might have to pay twice if you do not pay your subs. To avoid this, use clear payment schedules and consider requiring subcontractor lien waivers. You should also state what will happen if there is a delay.</span>
<h2><span style="font-weight: 400;">Missing Connecticut-specific rules</span></h2>
<span style="font-weight: 400;">The state of Connecticut requires consumer contracts to use plain language. Unclear legal terms might violate this rule. Certain projects also must follow certain steps like obtaining proper building permits. Failing to meet these requirements can put your agreement at risk. Always ensure your contracts comply with the law.</span>
<h2><span style="font-weight: 400;">Protect your business from the start</span></h2>
<span style="font-weight: 400;">By avoiding these pitfalls, you shield your business from risk. Take the time to</span><a href="https://www.gregoryandadams.com/business-law/" target="_blank" rel="noopener" data-wpel-link="internal"> <span style="font-weight: 400;">put your agreements in writing</span></a><span style="font-weight: 400;">. Include required details and keep terms clear and lawful. Paying attention to contract details helps keep your business on solid legal footing.</span>]]></content>
						        </entry>
	        <entry>
            <author>
									                    <name>On Behalf of Gregory and Adams, P.C.</name>
				            </author>
            <title type="html"><![CDATA[How do you handle property encroachments legally?]]></title>
            <link rel="alternate" type="text/html" href="https://www.gregoryandadams.com/blog/2025/03/how-do-you-handle-property-encroachments-legally/" />
            <id>https://www.gregoryandadams.com/?p=49257</id>
            <updated>2025-03-13T10:20:29Z</updated>
            <published>2025-03-18T10:20:07Z</published>
					<taxo:topics><![CDATA[-]]></taxo:topics>
            <summary type="html"><![CDATA[Property encroachments can create tension between neighbors and lead to legal disputes. If another property owner builds or extends a structure onto your land without permission, you need to take action. Understanding your rights and legal options can help you resolve the issue efficiently. Identify the encroachment The first step is confirming that an encroachment exists. A professional land survey…]]></summary>
			                <content type="html" xml:base="https://www.gregoryandadams.com/blog/2025/03/how-do-you-handle-property-encroachments-legally/"><![CDATA[<span style="font-weight: 400;">Property encroachments can create tension between neighbors and lead to legal disputes. If another property owner builds or extends a structure onto your land without permission, you need to take action. Understanding your rights and legal options can help you resolve the issue efficiently.</span>
<h2><span style="font-weight: 400;">Identify the encroachment</span></h2>
<span style="font-weight: 400;">The first step is confirming that an encroachment exists. A professional land survey can determine the property boundaries and clarify whether a structure crosses into your land. If the survey confirms an encroachment, document the issue with photographs and measurements.</span>
<h2><span style="font-weight: 400;">Communicate with the other party</span></h2>
<span style="font-weight: 400;">Discuss the encroachment with your neighbor before pursuing </span><a href="https://www.gregoryandadams.com/real-estate/" data-wpel-link="internal"><span style="font-weight: 400;">legal action</span></a><span style="font-weight: 400;">. They may not be aware of the issue, and an informal resolution could be possible. Propose options such as removing the encroaching structure, selling the affected portion of land, or drafting a formal agreement for shared use.</span>
<h2><span style="font-weight: 400;">Explore legal remedies</span></h2>
<span style="font-weight: 400;">If </span><a href="https://www.forbes.com/sites/trulia/2015/01/25/end-these-6-bad-neighbor-behaviors/" data-wpel-link="external" target="_blank" rel="noopener noreferrer"><span style="font-weight: 400;">an agreement</span></a><span style="font-weight: 400;"> is not possible, legal action may be necessary. You can request an injunction to stop further encroachment or sue for trespassing. In some cases, adverse possession laws might allow the encroacher to claim ownership if they have used the land openly for a certain period. Consulting local property laws will help you understand your options.</span>
<h2><span style="font-weight: 400;">Prevent future encroachments</span></h2>
<span style="font-weight: 400;">To avoid future conflicts, install clear property markers and review boundary lines before any new construction. When buying property, check for existing encroachments to prevent legal issues after purchase. Open communication with neighbors can also help maintain a positive relationship and prevent disputes.</span>

<span style="font-weight: 400;">Handling an encroachment legally requires a clear understanding of property boundaries and rights. Addressing the issue promptly and professionally can help you find a resolution that protects your land and avoids unnecessary conflict.</span>]]></content>
						        </entry>
	        <entry>
            <author>
									                    <name>On Behalf of Gregory and Adams, P.C.</name>
				            </author>
            <title type="html"><![CDATA[What is fiduciary duty in corporations?]]></title>
            <link rel="alternate" type="text/html" href="https://www.gregoryandadams.com/blog/2024/12/what-is-fiduciary-duty-in-corporations/" />
            <id>https://www.gregoryandadams.com/?p=49232</id>
            <updated>2024-12-13T04:43:41Z</updated>
            <published>2024-12-19T04:43:16Z</published>
					<taxo:topics><![CDATA[-]]></taxo:topics>
            <summary type="html"><![CDATA[A legal obligation to act in the best interest of another group or person is a fiduciary duty. In the corporate context, directors and officers owe a fiduciary duty to the corporation and its shareholders.  This duty requires them to act honestly, fairly, and in good faith. Key duties of corporate fiduciaries Key fiduciary duties of corporate directors and officers…]]></summary>
			                <content type="html" xml:base="https://www.gregoryandadams.com/blog/2024/12/what-is-fiduciary-duty-in-corporations/"><![CDATA[<span style="font-weight: 400;">A legal obligation to act in the best interest of another group or person is a fiduciary duty. In the corporate context, directors and officers owe a fiduciary duty to the corporation and its shareholders. </span>

<span style="font-weight: 400;">This duty requires them to act honestly, fairly, and in good faith.</span>
<h2><span style="font-weight: 400;">Key duties of corporate fiduciaries</span></h2>
<span style="font-weight: 400;">Key fiduciary duties of corporate directors and officers include:</span>

<b>Duty of loyalty</b><span style="font-weight: 400;">: Corporate fiduciaries must prioritize the interests of the corporation above their own personal interests. This means avoiding conflicts of interest and self-dealing.</span>

<b>Duty of care</b><span style="font-weight: 400;">: </span><a href="https://www.findlaw.com/smallbusiness/business-laws-and-regulations/breach-of-fiduciary-duty.html#:~:text=The%20duty%20of%20care%20requires,prudent%20persons%22%20in%20similar%20circumstances." data-wpel-link="external" target="_blank" rel="noopener noreferrer"><span style="font-weight: 400;">Fiduciaries must exercise reasonable care</span></a><span style="font-weight: 400;">, diligence, and skill in their decision-making. This involves making informed decisions and acting in a prudent manner.</span>

<b>Duty to act in good faith</b><span style="font-weight: 400;">: Fiduciaries must act honestly and in good faith, without malice or reckless disregard for the corporation's interests.</span>

<span style="font-weight: 400;">These duties are expected and should be performed to the best of one’s ability.</span>
<h2><span style="font-weight: 400;">Breach of Fiduciary Duty in Corporations</span></h2>
<span style="font-weight: 400;">A breach of fiduciary duty occurs when a corporate director or officer fails to fulfill these obligations. Such breaches can take various forms, including self-dealing, which is engaging in transactions that benefit the fiduciary personally rather than benefitting the corporation.</span>

<span style="font-weight: 400;">Taking advantage of a business opportunity that rightfully belongs to the corporation is another type of breach.</span>

<span style="font-weight: 400;">Additional breaches involve failing to exercise reasonable care in managing the corporation's affairs or using corporate assets for personal gain.</span>
<h2><span style="font-weight: 400;">Remedies</span></h2>
<span style="font-weight: 400;">If a shareholder believes a corporate fiduciary has breached their duty, they may seek legal remedies. These remedies can include monetary damages, equitable relief, removal from office, or derivative lawsuits.</span>
<h2><span style="font-weight: 400;">The Importance of Fiduciary Duty</span></h2>
<span style="font-weight: 400;">Fiduciary duty is a cornerstone of corporate governance. It ensures that corporate leaders act in the best interest of the corporation and its shareholders. By holding corporate leaders </span><a href="https://www.gregoryandadams.com/business-law/" data-wpel-link="internal"><span style="font-weight: 400;">accountable to their fiduciary duties</span></a><span style="font-weight: 400;">, shareholders can ensure that corporations operate ethically and responsibly.</span>]]></content>
						        </entry>
	        <entry>
            <author>
									                    <name>On Behalf of Gregory and Adams, P.C.</name>
				            </author>
            <title type="html"><![CDATA[How to handle a breach of contract during a construction project]]></title>
            <link rel="alternate" type="text/html" href="https://www.gregoryandadams.com/blog/2024/09/how-to-handle-a-breach-of-contract-during-a-construction-project/" />
            <id>https://www.gregoryandadams.com/?p=49203</id>
            <updated>2024-09-13T09:34:54Z</updated>
            <published>2024-09-18T09:34:13Z</published>
					<taxo:topics><![CDATA[-]]></taxo:topics>
            <summary type="html"><![CDATA[A breach of contract during a construction project can lead to costly delays and disputes. Understanding how to respond can help minimize damage and get the project back on track.  There are a few steps you can take to help resolve the issue effectively. Know the options and methods available to you so your business can quickly resume operations as…]]></summary>
			                <content type="html" xml:base="https://www.gregoryandadams.com/blog/2024/09/how-to-handle-a-breach-of-contract-during-a-construction-project/"><![CDATA[<span style="font-weight: 400;">A breach of contract during a construction project can lead to costly delays and disputes. Understanding how to respond can help minimize damage and get the project back on track. </span>

<span style="font-weight: 400;">There are a few steps you can take to help resolve the issue effectively. Know the options and methods available to you so your business can quickly resume operations as normal.</span>
<h2><span style="font-weight: 400;">Review the contract terms</span></h2>
<span style="font-weight: 400;">The first step when facing a breach of contract is to review the terms of the agreement. A construction contract typically outlines the rights and responsibilities of each party. There should also be details regarding payment schedules and the scope of work. Identifying the violated terms will provide a foundation for addressing the breach.</span>
<h2><span style="font-weight: 400;">Communicate the breach</span></h2>
<span style="font-weight: 400;">It is important to clearly communicate with the party responsible. A calm explanation of how the other party violated the contract can open the door for a solution. It may be possible to resolve the issue through negotiation, preventing the need for formal dispute resolution. Effective communication early in the process can lead to a more cooperative outcome.</span>
<h2><span style="font-weight: 400;">Explore dispute resolution options</span></h2>
<span style="font-weight: 400;">If negotiation does not resolve the breach, it may be necessary to pursue formal dispute resolution. Construction contracts often outline methods like </span><a href="https://www.forbes.com/advisor/legal/mediation-vs-arbitration/" data-wpel-link="external" target="_blank" rel="noopener noreferrer"><span style="font-weight: 400;">arbitration or mediation</span></a><span style="font-weight: 400;"> as alternatives to litigation. These processes can provide a faster and less expensive way to resolve the dispute.</span>
<h2><span style="font-weight: 400;">When litigation is necessary</span></h2>
<span style="font-weight: 400;">In some cases, </span><a href="https://www.gregoryandadams.com/litigation/" data-wpel-link="internal"><span style="font-weight: 400;">litigation</span></a><span style="font-weight: 400;"> may be the only option for resolving a breach of contract. This process involves taking the matter to court, where a judge will determine liability and decide the appropriate remedy. Litigation can be more time-consuming and expensive than alternative methods, so it is often considered a last resort. However, when negotiations or other resolution methods fail, pursuing litigation can ensure enforcement of the contract terms and recovery of any outstanding damages.</span>

<span style="font-weight: 400;">Handling a breach of contract during a construction project requires careful action. You have every right to hold the violating party accountable for the breach, but it is also important to choose the path that causes the least damage to your construction operations in the long run.</span>]]></content>
						        </entry>
	        <entry>
            <author>
									                    <name>On Behalf of Gregory and Adams, P.C.</name>
				            </author>
            <title type="html"><![CDATA[What to do if a business partner violates their noncompete?]]></title>
            <link rel="alternate" type="text/html" href="https://www.gregoryandadams.com/blog/2024/07/what-to-do-if-a-business-partner-violates-their-noncompete/" />
            <id>https://www.gregoryandadams.com/?p=49200</id>
            <updated>2024-06-28T04:50:57Z</updated>
            <published>2024-07-03T04:50:28Z</published>
					<taxo:topics><![CDATA[-]]></taxo:topics>
            <summary type="html"><![CDATA[If a business partner violates their noncompete agreement, it’s necessary to act promptly. You must follow a strategic approach to protect your business interests.  Review the non-compete agreement The first step is to review the non-compete agreement. Ensure that the agreement is valid and enforceable under Connecticut law.  The noncompete clause must be reasonable in terms of duration, geographic scope,…]]></summary>
			                <content type="html" xml:base="https://www.gregoryandadams.com/blog/2024/07/what-to-do-if-a-business-partner-violates-their-noncompete/"><![CDATA[<span style="font-weight: 400;">If a business partner violates their noncompete agreement, it's necessary to act promptly. You must follow a strategic approach to protect your business interests. </span>
<h2><span style="font-weight: 400;">Review the non-compete agreement</span></h2>
<span style="font-weight: 400;">The first step is to review the </span><a href="https://www.cga.ct.gov/2023/ba/pdf/2023HB-06594-R000011-BA.pdf" data-wpel-link="external" target="_blank" rel="noopener noreferrer"><span style="font-weight: 400;">non-compete agreement</span></a><span style="font-weight: 400;">. Ensure that the agreement is valid and enforceable under Connecticut law. </span>

<span style="font-weight: 400;">The noncompete clause must be reasonable in terms of duration, geographic scope, and the scope of restricted activities. Courts scrutinize non-compete agreements to ensure they are fair.</span>
<h2><span style="font-weight: 400;">Gather evidence</span></h2>
<span style="font-weight: 400;">Collect evidence of the violation. This could include emails, business records, or witness statements. They must show that your business partner is engaging in activities that breach the noncompete agreement. Documentation can support your claim and prove the breach.</span>
<h2><span style="font-weight: 400;">Send a cease and desist letter</span></h2>
<span style="font-weight: 400;">Before taking legal action, consider sending a cease and desist letter to the violating partner. This letter should clearly outline the terms of the noncompete agreement. </span>

<span style="font-weight: 400;">Plus, it should state the nature of the violation and the potential legal consequences if they do not comply. Often, this step can resolve the issue without further legal action.</span>
<h2><span style="font-weight: 400;">Seek mediation or arbitration</span></h2>
<span style="font-weight: 400;">The state encourages alternative dispute resolution methods like mediation or arbitration to resolve conflicts. These methods can be less costly and time-consuming than court proceedings. </span>
<h2><span style="font-weight: 400;">File a lawsuit</span></h2>
<span style="font-weight: 400;">If informal methods fail, you may need to file a lawsuit to initiate legal proceedings for </span><a href="https://www.gregoryandadams.com/litigation/" data-wpel-link="internal"><span style="font-weight: 400;">breach of contract</span></a><span style="font-weight: 400;">. Remedies can include injunctive relief (to prevent further violations), monetary damages, and possibly recovery of attorney’s fees. </span>

<span style="font-weight: 400;">A court can issue an injunction to immediately stop the business partner from continuing the violating activities.</span>

<span style="font-weight: 400;">To address a noncompete violation effectively, it’s crucial to take decisive and well-documented actions. Each step serves to protect your business’s interests. </span>]]></content>
						        </entry>
	        <entry>
            <author>
									                    <name>On Behalf of Gregory and Adams, P.C.</name>
				            </author>
            <title type="html"><![CDATA[What situations may require a new land survey?]]></title>
            <link rel="alternate" type="text/html" href="https://www.gregoryandadams.com/blog/2024/03/what-situations-may-require-a-new-land-survey/" />
            <id>https://www.gregoryandadams.com/?p=49189</id>
            <updated>2024-03-22T09:32:00Z</updated>
            <published>2024-03-27T09:31:46Z</published>
					<taxo:topics><![CDATA[-]]></taxo:topics>
            <summary type="html"><![CDATA[If your property has the potential to generate a significant profit from its use, it is in your interest to have the most accurate land boundaries on record. It is possible you have a land survey already complete. However, if you are proceeding with a new development project, your existing survey might be inadequate. There are certain situations when having…]]></summary>
			                <content type="html" xml:base="https://www.gregoryandadams.com/blog/2024/03/what-situations-may-require-a-new-land-survey/"><![CDATA[If your property has the potential to generate a significant profit from its use, it is in your interest to have the most accurate land boundaries on record. It is possible you have a land survey already complete. However, if you are proceeding with a new development project, your existing survey might be inadequate.

There are certain situations when having a surveyor measure your land to create a new survey might be necessary.
<h2>Update old records</h2>
Your last land survey may be years old, even past one or two decades. An old survey might make references to landmarks on the property that <a href="https://www.fool.com/investing/stock-market/market-sectors/real-estate-investing/basics/land-survey-cost/" data-wpel-link="external" target="_blank" rel="noopener noreferrer">have ceased to exist</a>, which could create openings for nearby landowners to dispute the boundaries of your land.

A new survey should measure the land to account for the loss of old landmarks as well as the addition of new ones. You might even elect to put down new landmarks to define your property boundaries.
<h2>Locate natural features</h2>
Some land surveys are topographical, meaning they map out both human-created and natural features on a property. This can provide you with a look at any elevated areas, such as hills or mountains on your land, along with bodies of water, which may include ponds, lakes or rivers.

Topographical mapping can help you define the boundaries of your land, but it can also help you understand the environmental features of your property. This could be important if you need to analyze the environmental impact of any construction projects you want to carry out.
<h2>Prepare the division of your land</h2>
In some circumstances, property owners need a subdivision survey. You might decide to sell your property in individual lots, allowing different buyers to purchase your lots for development. Alternatively, you might have a commercial buyer who is only interested in a portion of your land.

No matter the situation, an accurate land survey may provide clarity when <a href="https://www.gregoryandadams.com/land-use-planning-and-zoning/" data-wpel-link="internal">pursuing a land use</a> project.]]></content>
						        </entry>
	        <entry>
            <author>
									                    <name>On Behalf of Gregory and Adams, P.C.</name>
				            </author>
            <title type="html"><![CDATA[4 potential foreclosure defenses for business owners]]></title>
            <link rel="alternate" type="text/html" href="https://www.gregoryandadams.com/blog/2024/01/4-potential-foreclosure-defenses-for-business-owners/" />
            <id>https://www.gregoryandadams.com/?p=49183</id>
            <updated>2024-01-03T06:11:02Z</updated>
            <published>2024-01-08T06:10:19Z</published>
					<taxo:topics><![CDATA[-]]></taxo:topics>
            <summary type="html"><![CDATA[Foreclosure is a daunting prospect for any business owner. However, there are effective strategies to defend against it and help businesses navigate this challenging situation. 1. Procedural errors Challenges to the foreclosure process often stem from procedural missteps by the lending institution. These errors can occur during the filing of documents, serving notices or in the execution of required legal…]]></summary>
			                <content type="html" xml:base="https://www.gregoryandadams.com/blog/2024/01/4-potential-foreclosure-defenses-for-business-owners/"><![CDATA[Foreclosure is a daunting prospect for any business owner.

However, there are effective strategies to defend against it and help businesses navigate this challenging situation.
<h2>1. Procedural errors</h2>
Challenges to the foreclosure process often stem from procedural missteps by the lending institution. These errors can occur during the filing of documents, serving notices or in the execution of required legal steps. Businesses should thoroughly review all foreclosure-related documents to identify any lapses in procedure.
<h2>2. Standing defense</h2>
A standing defense questions the legitimacy of the party initiating the foreclosure. Businesses facing foreclosure should scrutinize the chain of ownership of their mortgage note. Inaccuracies or gaps in the transfer of ownership can be grounds for challenging the standing of the foreclosing party.
<h2>3. Validity of loan documents</h2>
Examining the validity of loan documents is another important foreclosure defense for businesses. This involves a meticulous review of the loan agreement, promissory note and mortgage documents. Any discrepancies, inaccuracies or violations of lending laws within these documents can help challenge the foreclosure.
<h2>4. Breach of contract</h2>
Businesses can also defend against foreclosure by asserting a breach of contract by the lender. This defense hinges on demonstrating that the lending institution failed to uphold its obligations as outlined in the loan agreement. Whether it is a failure to provide adequate notice, improper application of payments or other breaches, businesses can leverage these violations as a strong defense strategy.

Across the U.S., foreclosures are on the rise. In September 2023, <a href="https://www.attomdata.com/news/market-trends/foreclosures/attom-q3-and-september-2023-u-s-foreclosure-market-report/" data-wpel-link="external" target="_blank" rel="noopener noreferrer">36,684 U.S. properties</a> had foreclosure filings, a 15% increase over 2022. While a challenging situation, businesses facing foreclosure have multiple defenses at their disposal.]]></content>
						        </entry>
	</feed>