When two parties enter into a binding and lawful contract and one party fails to uphold their end of the bargain, the other party may have the ability to pursue a legal claim for damages. In cases where the contact involved a loan or regular payments to be made by one party, if the other party fails to make those payments, then the amount to pursue in such a lawsuit is relatively straightforward.
You sign a noncompete agreement when joining a company, knowing that it limits the scope of your work outside of that company but also thinking that you are probably never going to leave anyway. This is a dream job.
A handshake deal often feels like a good idea when it is proposed. You know the other person. You both want to work together. It seems like a great partnership. If anything, you worry about coming off as insulting if you demand that the two of you sit down and write out a contract.
It is critical to understand a noncompete agreement entirely when using one, especially in the medical field. These agreements, when legally binding, can have a drastic impact on someone's future.
Florida homeowners buy insurance coverage for their home because -- in addition to providing a roof over their heads -- it usually represents the single most valuable possession they have. Homeowners insurance policies exist to protect real estate investments and prevent homeowners from losing their homes in the event of an unexpected calamity.
A U.S. District Court judge has ruled that a teacher in Lee County, Florida, can proceed with his breach of contract claim against the school district, superintendent, principal and chief of the human resources department.
When we're talking about any type of relationship, for most, it's going to be at its best during the honeymoon period. Once that passes, realities set in. Partners who have conflicting approaches to operating their business often end up in court.
Management Health Systems, a Sunrise health-care staffing agency that does business as MedPro Healthcare Staffing, recently settled a breach of contract lawsuit that they'd filed against a Filipina nurse that they'd recruited.
Contracts play an important role in the business world. You need to know that the people you are doing business with will do what they are supposed to do. With a contract, you can be assured that things will go correctly or you will have specific recourse. We know that you hope you will never have to call a contract into play when you are dealing with anything related to your business, but there will likely be times when you do.
Nothing is more exciting for an engaged couple than buying the home where they will start their married life together.