Breach of contract can create significant legal and financial problems for your business. Minimizing risks in contracts and resolving business disputes requires careful planning and attention to detail. Review contracts carefully Before signing any contract, take the...
Breach of Contract
What is the Independent Tort Doctrine?
Contracts are an effective way to ensure that parties to them adhere to their legal responsibilities. In turn, the contract provides both parties with legal rights and potential remedies should a breach occur. Nonetheless, there are several ways to lodge a legal...
What are my options if my business partner abandons our company?
A business partnership can be very useful. You and your partner can share the financial responsibilities, the liabilities, the recruitment process and other burdens associated with running your company. That being said, a business partnership can become burdensome if...
Can an independent contractor sue for wrongful termination?
Being an independent contractor has numerous benefits. You can be selective in the projects that you undertake and have more flexibility in terms of charging a price that suits you. Engaging with an independent contractor can also be beneficial for any company that...
Tips for avoiding commercial construction contract disputes
Running a construction company can be fruitful, but that doesn’t mean you won't have challenges. You are going to have to complete projects on time and at a competitive price and manage customer relations. One thing that can help with this is having watertight...
How can my company recover business debts?
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...
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...