Negotiating a contract with another business should mean that you can safely do business together. You can perform work knowing you already agreed on a specific quote or make a payment anticipating the delivery of certain materials. Unfortunately, there are some...
Breach of Contract
Tips for avoiding contract disputes with your suppliers
Establishing and maintaining good supplier relationships is essential for doing business. Unfortunately, even with the best intentions, contract disputes can occur. It is in everyone’s best interest to resolve any contract dispute quickly and avoid legal intervention,...
Did a former employee violate a non-disclosure agreement?
Trade secrets are the lifeline of some businesses. It can be disastrous when they fall into the wrong hands. This can happen in many instances, such as when a disgruntled employee decides to retaliate against a former employer by disclosing valuable information to a...
How do I know if I have a good breach of contract business case?
The business contracts you create when you start working with another company set clear rules for your working relationship. Or, at least, they should do so if they were properly written. If you feel the other company has let you down, your first port of call should...
Understanding liquidated damages clauses in business contracts
The unfortunate truth of business contracts is that people do not always perform their end of the bargain the way they say they will. Contract breaches are relatively common, and they cause countless headaches for business owners and executives. While many contract...
Common remedies for contract breaches
One of the most frustrating aspects of running a business is when you depend on someone to do something and they fail to deliver. Whether it’s a supply contract for merchandise or a service contract, if the other party breaches, it can cause considerable damage to...
Establishing a Breach of Contract without a “Time is of the Essence” Clause
Generally, for a person to recover damages under a theory of breach of contract, that person has to prove that the other party committed a “material” breach of a contract causing damages to the plaintiff. Normally, a failure to perform a certain important task before...