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When a vendor or a similar party stops holding up their end of a contract, things start slipping fast — deliveries stall, deadlines move and liability questions follow. If you are dealing with a breakdown in performance, your next steps need to be clear — and legally...
Contract breaches can be a significant issue for business owners and may result in litigation. When one party fails to uphold their side of a contract, it can cause financial harm. But what if the other party simply misses a deadline? Eventually, they do fulfill the...
When two parties enter into a contract, they often include a clause detailing what would happen if the contract was breached. In many cases parties will include a clause stating that if the contract is broken, the party who broke the contract will owe liquidated...
As it continues to grow and progress, the Dallas area will also continue to present plenty of opportunities for construction businesses of all sizes to return a profit. However, any contracting job has the potential to become a real headache and even a financial...
Contracts are the lifeblood of businesses. Unfortunately, they do not always work out the way business owners plan. And, if you are facing a breach of contract lawsuit in Texas, you may wonder: How do I fight a Texas breach of contract lawsuit? Breach of contract To...
There are a number of documents that people in the Dallas area review and sign when they start new employment. There is information about the companies’ policies and expectations. There may be documents about the benefits offered by the company, tax documents and...
Texas business owners know that contracts are vital to the success of their business. When the other party to a contract fails to perform their duty, they have breached their contract. You are entitled to different types of damages for a breached contract. Before you...
The decision to include or exclude an arbitration clause in your business contracts is critical. Many businesses include arbitration clauses, which can be beneficial in some cases. In contrast, it can limit companies from holding the breaching party fully accountable...