Working with specific vendors can help organizations keep their costs predictable. A long-term vendor contract can protect a client organization from unpredictable costs or an inability to source key goods or materials. They can potentially rely on regular deliveries...
Business Law Professionals
Breach Of Contract
Disputes arising from ambiguity in business contracts
Many business divorces stem from contract disputes. Cases of co-owners, partners or shareholders ending a business relationship because of contract-related issues are common. Disagreements typically involve day-to-day operations, profit distribution, compensation,...
Resolving a contract matter by seeking specific performance
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...
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...
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...
Developers of American Dream project file suit in Bergen County
Contracts for builders are important in New Jersey because they help to define what is expected of the builder by building's owner. A contract helps to define everyone's responsibility during the project and the remedies if people do not uphold their end of the...
New Jersey Assemblyman faces $135,000 breach of contract suit
In essence, contracts are a series of promises between the parties to the contract. Each party promises to give something in return for the other party's performance. When one of the promises between the parties is broken a breach of contract has likely occurred. New...
Employee stock options questioned in breach of contract suit
A New Jersey man has recently filed a class-action lawsuit against United Technologies in a New Jersey court. The litigation has apparently arisen out of a contract dispute. United Technologies is a company based in Connecticut that makes global aerospace services and...
Tennis star sues charity for breach of contract
Many New Jersey residents are probably familiar with famed professional tennis player Andy Roddick and his retirement from professional tennis. However, many may not realize that he recently filed a lawsuit over a contract dispute he is having with a charity....
Bank sued for breach of contract claim
The business world runs on contracts. Indeed, contractual obligations control multiple aspects of business operations in New Jersey, covering matters of employment contracts, leases, shipping contracts and supply contracts. Thorough and well-written contracts can...


