There are several reasons why businesses facing a major breach of contract may decide to take legal action. Establishing clear expectations for parties that contract with the business can be a good reason to go to court. Employees, suppliers and service providers may...
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Can you sue for breach of contract if an agreement was verbal?
Contracts enforce business agreements and personal transactions. Whether you’re finalizing a business deal, agreeing on a service or settling the terms of an employment agreement, contracts are essential. Sometimes, agreements are made verbally rather than in writing....
Including non-disclosure agreements in employee contracts
If you’re an entrepreneur, you understand that your company’s intellectual property is important. Trade secrets, customer lists, marketing strategies — these assets are likely the lifeblood of your organization’s success. Therefore, protecting them is paramount. One...
How can businesses resolve breach of contract disputes?
Contracts play a crucial role in most business operations. They help control costs and ensure that organizations have the materials and services necessary to function efficiently. Most companies protect themselves by signing contracts with employees, vendors and even...
How can companies resolve patent infringement issues?
Developing a new product or manufacturing process can give a company a profound competitive edge. Some organizations commit resources to research and development in order to gain an advantage over competitors. Other times, companies may purchase a concept from an...
Protect your company during legal battles
Business litigation is a reality many companies may face at some point during their operations. This legal process can stem from various issues, ranging from disputes with partners or competitors to compliance with regulations or contractual disagreements. The reasons...
3 ways the civil courts can help creditors recover unpaid debts
Attempting to collect on a debt is often a very frustrating process. Certain people may go to great lengths in their efforts to avoid their financial responsibilities. Businesses might find that someone stops answering phone calls when they commence collection...
What happens during a conflict about a non-compete agreement?
Many businesses require non-compete agreements when hiring professionals for well-compensated positions. Anyone who might have access to trade secrets or who plays a key role at an organization may need to sign a non-compete agreement when accepting a new job. A...
Promising high returns can lead to securities fraud allegations
Convincing people to invest can be a major challenge for financial professionals. When someone runs an investment fund, for example, they will typically need a constant influx of new capital to maximize the returns that they can offer their clients. Those who have a...
What does a failure to disclose property defects in real estate sales mean?
When it comes to real estate transactions, transparency and honesty are of paramount importance. Failure to disclose property defects can result in severe consequences for a seller, a real estate agent and a buyer who are involved in any particular transaction....