The negotiation of a thorough business contract helps to limit the likelihood of a future dispute. A contract explains what each party owes the other and may even impose penalties for failing to fulfill the agreement. If there is any question about the obligation of...
Business Law Professionals
Breach Of Contract
Road to resolution: Understanding remedies for breach of contract
When parties sign a contract, they do so with high hopes and expectations, trusting that the agreement will be honored. However, there are instances when these expectations are shattered due to avoidable or unavoidable reasons, and a breach of contract occurs. In such...
What makes a contract valid?
Sometimes when one party accuses another of breaching a contract, it ends up in court. The first thing a judge will do is to check the validity of the contract. If the contract is invalid for any reason, then there can be no breach. Here is what they will look for...
What are your options when your partner breaches a contract?
A New Jersey business partnership requires a certain level of trust. Yet, even the strongest business relationships have the potential to hit roadblocks. While simple disagreements between partners are bound to arise every now and then, sometimes, a partner’s actions...
Has a breach of contract caused your company to suffer damages?
When entering into a business relationship with another person or company in New Jersey, it is vital that everyone involved know how the relationship will work. As a result, you took the steps necessary to create a contract that included details important to the...
A letter of indemnity could head off a breach of contract issue
As a small business owner, you have likely had many contractual obligations during the course of your company's operations. Because you understand the importance of upholding contract terms, you do your best to always remain compliant with any agreements you come to...
Breach of contract may cause your company to suffer
Because your company may feel like your child in some ways, you likely want to protect your business as best as possible. Therefore, when you started your company and began bringing other individuals into the fold in order to complete necessary operations, you...
Johnson & Johnson pursues arbitration in contract dispute case
New Jersey based health-care products company Johnson & Johnson is involved in a breach of contract suit. Reports say that the company has sued drug maker Boehringer Ingelheim over a contract dispute. Boehringer makes lung cancer medication and a system of...
Johnson & Johnson pursues arbitration in contract dispute case
New Jersey based health-care products company Johnson & Johnson is involved in a breach of contract suit. Reports say that the company has sued drug maker Boehringer Ingelheim over a contract dispute. Boehringer makes lung cancer medication and a system of...
Actress sues weight-loss company over contract dispute
New Jersey readers may be interested to know that Oscar winning actress Octavia Spencer has recently sued a weight loss company for breach of contract. The company, Sensa, sells weight loss products that are sprinkled on people's food to help them feel full faster....