Tequila bar facing breach of contract lawsuit filed by actress

There are many moving parts that must be attended to for a business of any size to be successful. One of those entails forming contracts with other individuals and entities. These contracts can be for goods or services, or even have to do with financing. Whatever the contract type, whether it have to do with employment, non-compete, real estate leases or compensation, inevitably, at some point there are occasions when disputes regarding those contracts arise. A restaurant that counts actress Kristen Bell as an investor is aware of this firsthand.

Bell, along with several others, recently filed a breach of contract lawsuit against the restaurant and tequila bar she invested in several years ago. In the lawsuit it is alleged that in exchange for investments of $20,000, each was to receive a total of 5 percent of the establishment's profits. Despite reportedly regularly making a profit over the course of the last six years, the investors claim to have not received the agreed upon cut. At this point it is not clear what the tequila bar's stance on the accusation is.

Whatever side one finds themselves on in a contract dispute it is important to have proper representation. For a small business, doing so could be the difference between surviving or going under. Many businesses of this size find that it is best to work with the same lawyer for all legal needs. This is because it is helpful when an attorney is aware of and understands the business' priorities.

Source: Huffington Post, "Kristen Bell Sues Hollywood Restaurant For Alleged Breach Of Contract," Jan. 27, 2013

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