Eminent Domain: Your Rights as a Property Owner
As a property owner, few legal concepts can be more unnerving than the government’s ability to take your land through its power of eminent domain. Also known as condemnation, eminent domain allows…
Good to Know Blog
Legal Update: Retirement Security Rule Updates Who Qualifies as an Investment Advice Fiduciary
The new Retirement Security Rule marks a pivotal shift in the regulation of financial advice provided to retirement investors. This rule redefines who qualifies as an investment advice fiduciary under the Employee…
Breach of Fiduciary Duty vs. Constructive Fraud
What happens when you rely on a financial or investment advisor to manage your investments only to find that they failed to act in your best interests and protect your money? You…
Oppression of Shareholders, Good Faith, and the Duty of Loyalty
Most business organization statutes including those for corporations, limited liability companies, and limited partnerships provide remedies for oppressed shareholders or partners. Statutes generally are phrased in terms of the power of the…
What is the Statute of Repose in South Carolina?
One of the many challenges that may arise after the completion of a construction project is the discovery of defective construction or unsafe conditions. Whether it be an issue with the design…
How to Make a Claim on a Payment Bond
One of the many challenges that arise throughout the course of a construction project is the issue of payment to subcontractors and suppliers. While your contract may designate that you will be…
Preservation of Lien Rights
Distilled down to its absolute essentials, a mechanic’s lien is a way for tradespeople to make sure they get paid for their work. As straightforward as this seems, the purpose and operation…
Oppression of Shareholders, Good Faith & Duty of Loyalty
Limited liability companies (LLCs), corporations, and limited partnerships generally must look to a state’s business organization statutes for answers when disputes arise amongst shareholders or members. South Carolina is no different. South…
Contractual Review: “Best Efforts” Provisions
It’s not uncommon for commercial contracts (of all types) to contain clauses requiring one or both of the parties to exercise their “best efforts” to ensure that a condition is met or…
