After years of hard work, you have built a successful construction business. Navigating operations can involve a quick verbal agreement, which can feel efficient when you are meeting stringent deadlines. However, the legal landscape on handshake deals can turn an...
Contract Disputes
Can a material breach invalidate a contract?
Contract disputes often begin with allegations of a breach by one party. If a vendor fails to deliver goods, a service provider does not meet contractual standards or a client organization fails to render payment, those breaches of a written agreement can have...
Does your partnership agreement need a “shotgun” clause?
When two business partners own equal shares of a company, the arrangement often begins with optimism. Equal ownership can feel fair, balanced and collaborative. Each partner has an equal voice, equal financial stake and equal authority over major decisions. But when...
Fraud versus breach of contract: What’s the difference?
When a deal goes bad or unravels, the parties involved often describe the situation in moral terms, using words like “dishonest,” “deceptive” or “fraudulent.” While those descriptions may feel accurate on a personal level, the legal distinction between fraud and...
How do you enforce a contract when the other party is not performing?
When your business (like most) relies on its agreements, there are few things more frustrating than holding up your end of a contract while the other party simply… doesn’t. Maybe the other party stopped communicating, maybe they missed a critical deadline – or maybe...
3 considerations in a contract dispute
Issues with a contract are frequent in business. They can occur in even the best of relationships. Whether a contract breach by another party is major or minor, it is wise to bear the following three things in mind. These can help you determine how best to respond. 1....
The hidden dangers of boilerplate clauses in business contracts
There are all kinds of sample contracts available online, and most of them seem like they follow an authoritative and standard pattern with all the language one might expect in a formal agreement. “Standard,” however, doesn’t mean that a contract is truly useful (or...
What makes a contract legally binding?
Agreements form the foundation of nearly every business and personal relationship. From employment offers to service contracts, they set expectations and create a sense of security between the parties involved. When everything goes smoothly, it’s easy to take those...
