Category: Breach of Contract
Understanding the Four Elements of Breach of Contract
Suppose you hired a remodeling company to install new hardwood flooring in your home. After the workers leave, you discover they installed cheaper laminate flooring instead. This is a relatively simple example of a breach of contract. If you’ve suffered direct losses from a material breach of contract, you may wonder whether you can sue for compensation. While this is possible, to succeed, your breach
Understanding Liquidated Damages and Penalty Clauses in a Contract
Business deals made with a firm handshake and the other party’s word are long gone. Today, savvy businesses prefer to protect themselves with ironclad contracts, but the fine print is important. Two clauses may apply in the event of a breach of contract – liquidated damages vs. penalty clauses – and there are distinct differences between them. What is the difference between a liquidated damages clause and
What Is a Material Breach of Contract – Business Law Guide
Working with various contractors can support your business assuming they hold up their end of the deal. However, some business owners have to face the intricacies of contract law when a material breach occurs. What is a material breach of contract? Anthony Law Group is a premier Phoenix breach of contract attorney and navigates material violations and other breaches. In this guide, we share everything you need
What Are the 4 Types of Breach of Contract- Legal Insights
Understanding the Different Types of Breach of Contract Did you honor a contract, but the other party failed to uphold its end of the deal? A breach of contract carries significant consequences for the wronged party if they don’t pursue justice. But you can take legal action to protect yourself from the fallout. Anthony Law Group’s contract lawyer in Phoenix, Arizona, outlines the different types
Preventing Trade Secret Theft & Employees Poaching Your Customers
Unfortunately, customer poaching and trade secret theft are all too common in the United States. Unscrupulous competitors and employees resort to these illegal tactics to bolster their profits and undermine their rivals. However, businesses can take legal measures to curb fraudulent activities. Fraudulent competitive practices manifest in various ways, including: Departing employees who reach out to their former client contacts Executives defecting to competing companies,
NAVIGATING BUSINESS PARTNERSHIP DISPUTES
Do you need help navigating a strained partnership in your business? Or are you worried that your business partner may try to remove you from the company? In this article, we will dive deep into the most frequently asked questions by business partners experiencing disputes and provide you with helpful answers. Can My Business Partner Push Me Out? In most situations, you cannot be ousted
CONSTRUCTION CONTRACT DISPUTES IN ARIZONA
When a contractor or builder fails to live up to their obligations stipulated in the contract, it could have severe ramifications for you or your business. You may not get what was agreed upon, you may end up with something different from your expectations and could even end up with defective services/products. Contract disputes can range from minor to severe, but no matter what the
Can I Sue for Breach of Contract?
You can sue somebody for not upholding their end of the bargain if you have a contract with them. However, we advise that you get professional legal counsel from an expert in contractual law before taking this route. What Is a Breach of Contract? A contract is an agreement that provides for certain legal obligations and duties that both parties are legally bound to follow.
Steps to take after a Business Contract has been Breached
When your company enters into a contract with another party—a customer, client, or vendor, for example—both you and the other party are obligated to fulfill the provisions of that agreement. If either party fails to fulfill any of the conditions in the contract, a breach of contract has occurred. What’s the Next Step After a Contract Breach? So, after a contract has been breached, what