Florida business owners know how important contracts are to keeping their business running smoothly and profitably. Unfortunately, sometimes contract disputes arise when one party accuses the other of breaching the terms of the contract. If you are accused of breach...
Contracts
What do courts consider with restrictive covenant enforceability?
In Florida, there are many ways to protect a business and how it operates. When hiring employees and simultaneously shielding the business from future problems, contracts are crafted to keep those employees from taking part in certain activities through a restrictive...
Contracts and the termination for convenience
Obtaining a new contract can seem like a boon for a business, particularly if it’s a government contract. This kind of agreement often represents a new and dependable source of income. However, if the contract contains a termination for convenience clause, it may not...
When is it appropriate to invoke a force majeure clause?
Many businesses in Tampa, Florida, and across the country continue to face uphill challenges to their stability and long-term viability as the recent recession has bled into looming inflationary woes. Brick and mortar retailers, restaurant proprietors and service,...
What are the elements of a valid contract?
Contract disputes are not unusual in the business world. One of the first things you need to do to prevail in a breach of contract lawsuit is prove an enforceable contract exists. A valid contract must consist of an offer, the exchange of consideration, acceptance and...
The possibilities and limits of a non-compete agreement
The underlying purpose of a non-compete agreement is to protect an organization from unfair competition. Depending on the wording or scope of the clause, this can pose such limits on former associates as: Not working for a competitor. Not starting a business that...
Are handshake deals enforceable?
Even in today’s text heavy world, we have all done it, made an agreement, in-person and without a written contract. While these types of handshake deals may seem old fashion, many, if not all, of us still do them from time to time. The question is, can they be...
Can I cancel a contract?
Contracts are an important part of any business or individual transaction intended to be legally binding. Unfortunately, sometimes unforeseen circumstances may result in a situation where one party is unable or unwilling to perform their part of the contract and wants...
What happens when a contract is breached?
Contracts are fundamental to the success of Florida businesses. There are many different purposes for contracts, but all contracts outline the relationships and expectations of the contracting parties concerning their shared purpose. Contracts exist to solidify...
Nondisclosure agreements protect confidential information
A nondisclosure agreement can be a helpful tool for businesses. They are used to protect the business’s confidential information. Usually, an employee promises to protect the information that they received during the course of their employment. If the employee later...