Does a missed deadline cause financial harm?
If there’s been a contract breach involving your company, you may feel that the broken contract has caused financial harm to your business. You want to pursue legal action to recoup the money that you’ve lost because you expected the other party to uphold their side...
Why force majeure clauses don’t always hold up in court
Force majeure clauses are typically included when construction contracts are drafted. These clauses limit or eliminate liability for not finishing a project or not meeting the deadline if a “greater force” prevents it. While these clauses are typically associated with...
Don’t neglect to read a contract’s recitals before you sign
If you’re one of those business owners who like to skip over what you may consider the introductory “fluff” of a contract and focus on the key points so that you know precisely what you’re agreeing to, you may largely ignore the contract recitals. However, you...
What solutions do the courts offer in breach of contract matters?
Civil litigation might be initiated for a variety of different reasons. Sometimes, individuals or businesses go to court over contract violations. Contracts outline the obligations of a business agreement. Employers sign contracts with their workers, and businesses...
2 helpful tips for crafting a construction contract
A well-crafted contract can be the linchpin that honors the core intentions of the parties to the agreement. From defining project scope to allocating resources and managing timelines, a construction contract can play a pivotal role in a project’s success. Suppose...
How business contracts ensure your partners honor the transaction
In business, partnerships and transactions are the lifeblood of growth and success. Every entrepreneur should understand the critical role that business contracts play in facilitating the smooth flow of operations and maintaining trust between partners. Business...
Can you still include non-compete clauses in employee agreements?
Businesses in some industries rely on non-competition (non-compete) clauses in employment or severance agreements to prevent employees from taking the information and skills they’ve acquired while working there to a position with a competing company. Tech companies,...
Do your employment agreements need a morals clause?
If you’re starting a new business and in the process of bringing your core team on board and even those a rung or two below, you’re likely considering what kind of provisions to include in their employment contracts. One provision that’s becoming increasingly common...
What’s an anticipatory breach of contract?
When people think of breaches of contract, they typically think of what’s known as an actual breach. That’s when one party doesn’t fulfill at least one term of the contract. These can be minor breaches, which often involve a term of the contract not being fulfilled by...
What to do when an employee violates a non-disclosure agreement
In the business world, protecting sensitive information and trade secrets is paramount. As a result, companies often require their employees to sign non-disclosure agreements (NDAs) to help safeguard their valuable intellectual property. However, despite preventive...