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Contract Disputes Archives

Breach of contract one more challenge for company

Some businesses that operate in Ohio may be based solely in the state or may have operations in other locations as well. Some may even be owned by companies not only from other states but from other countries. While a contract dispute can arise in any of those situations, when very disaparate cultural views are held by the involved parties, the challenges may sometimes feel harder to overcome as there is no common philosophy or place from which both sides may be coming.

What should I include in a construction contract?

If you are in need of developing a contract for an upcoming construction project in Ohio, it will be important for you to understand how to approach this process. A contract is a legally binding agreement and every word in the contract can make a big difference. In fact, ForConstructionPros.com, recommends that great care be taken to ensure as much clarity as possible around the terms of a contract. If anything is left open to interpretation, that may make enforcing a contract as one party views it more difficult should a dispute arise.

Union sues employer for missed benefits payments

Ohio businesses frequently rely on contracts and contractual relationships in order to properly conduct their business. The nature of these contracts may range dramatically and some even apply to the benefits or treatment of employees. When one party in a contract fails to perform a stated duty, the other party may choose to initiate legal action. That is precisely what has happened in a case involving a labor union and a utility company recently.

How do buyer-broker contracts work?

When you are looking for a new home or a new-to-you home in Ohio, you have many options about how to find the best house or residence for your situation. Some of your choices may be determined by what you want. Perhaps you live in one part of the state and are looking for a property in another area as an investment or a second residence. This could change how you shop for a home compared to situations in which you are looking for your own primary residence in the region in which you currently live.

Foreign investment money at heart of new dispute

Businesspeople and entities looking for new venture opportunities in Ohio frequently need to seek investors or other sources of funding. Regional centers are one type of investment group that aids in this. They are specifically used to secure investment dollars from individuals from outside of the United States. A case in which such money was secured is now the subject of a lawsuit.

Company accused of diverting funds away from classroom needs

Ohio businesses who regularly make contractual agreements with other entities know that careful development of these agreement is essential. The exact verbiage in a contract can make a big difference down the road if a conflict between the two parties ever ensues.

What are statutes of limitations for breach of contract?

Regardless of industry or company size, Ohio companies routinely enter into contracts in the course of conducting their business. These contracts may be with suppliers, vendors or customers and clients. Entering into these contracts also means that some of the time, conflicts may develop. When that happens it is important for business owners and contract participants to know what they can or should do.

Do I need a realtor when selling my home?

Are you one of the many Ohio residents who is considering selling your home? If so, you might not necessarily be selling your primary residence but perhaps a rental home or second property that you own. Either way, you are likely interested in making the best agreement possible to result in a positive financial outcome for you of any transaction. You might even have thought about selling the home yourself.

Contract dispute leads to employee lockout in Ohio

Contract negotiations with employees are a vital part of many businesses’ operations in Ohio. Contract details can include anything from vacation time to health care to pension plans, and can become more complex when unions are involved. If the company and the union cannot come to terms, it can lead to lengthy discussions, or even more serious action such as strikes or lockouts.

What is a minor/material breach of contract?

A contract is a legally binding agreement between two or more parties wherein those parties exchange value for value. In Cincinnati, this exchange most often consists of money in return for goods or services. When one of these parties neglects to perform their duties according to this agreement, a breach of contract occurs. According to the National Paralegal College, the question then is whether the breach is minor or material.

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