At least compared to other Americans, many Louisianans may be aware of contract provisions known as force majeure. These are one of a few types of provisions that describe what happens when someone does not fulfill their side of the contract. Of course, the main...
What remedies can be received for breach of contract?
Louisianans who have a contract with another person or entity do so expecting that the parameters of the contract will be adhered to. However, issues can arise for a variety of reasons and there could be accusations of a breach of contract. With this or any other...
Are option contracts straightforward? Maybe not
Business contracts have an enormous amount of flexibility, which allows them to accommodate just about any type of business arrangement. While this can prove beneficial to the parties involved in negotiations, it can also present a number of challenges. Oftentimes,...
Contract disputes and anticipatory breach
A breach of contract often takes Baton Rouge businesses by surprise. These businesses typically negotiate in good faith to reach agreements that further not only their interests, but also those of the other party to the contract. Yet, sometimes parties to a contract...
What is an implied contract?
Most people think of a contract as a written agreement between two parties that dictates their responsibilities to each other. This agreement may include work to be performed, goods to be supplied, purchase prices, and the length of time that the obligations will...
Utilizing contingencies in a real estate contract
Transactions involving real estate can quite complicated and there can be a lot on the line for all parties involved. For some, the outcome of the transaction will set their financial stage for the future, perhaps even opening them up to other investment...
State issues emergency contracts to keep Medicaid covered
There can be a lot at stake when parties agree to enter into contractual relationships. Oftentimes wronged parties are subjected to massive financial losses, and one or both parties may end up facing damage to their reputation and goodwill. This is why contracts need...
Baton Rouge foundation sued for breach of contract
A strong contract can leave a business in an advantageous position. Purchase prices can be secured, consistent supply chains can be obtained, and new opportunities can be realized. Yet, these benefits are only brought to fruition when the terms of a contract are...
Contract disputes: a brief look at arbitration
Business disputes are commonplace. Although many of these disagreements are relatively minor in nature, the outcomes of others can prove utterly disastrous for some businesses. This is why a Baton Rouge-area business needs to be prepared to protect itself and its...
Contract disputes: a brief look at arbitration
Business disputes are commonplace. Although many of these disagreements are relatively minor in nature, the outcomes of others can prove utterly disastrous for some businesses. This is why a Baton Rouge-area business needs to be prepared to protect itself and its...