So many business contracts today include mandatory arbitration provisions, and often for good reason: compared to litigation, arbitration is often faster, less expensive and more responsive to the needs of the parties, But sometimes arbitration alone may not be enough...
Contract disputes between Ohio business partners are very common and arise for a multitude of different reasons. For most entrepreneurs and business owners, protecting the business that they have built and expanding it further is the ultimate goal. Conflict resolution...
Business contracts can be informal or formal, oral or written. And sometimes the process of reaching an agreement can involve extensive and detailed negotiations before the two sides can reach a point of "agreeing to agree." In this kind of situation, sometimes the...
It can be the case that after the parties to a contract begin their respective performance obligations under the document, disagreement can ensue as to whether one party performed its contractual duties sufficiently or whether it failed to do so in such a way as to...
Valid contracts can take different forms. The type that as a business professional you may be most familiar with is known as an express contract, which is an agreement set forth in a signed writing and the terms of which are included in the agreement document. There...
If you have done business-to-business negotiations for any length of time, then you are likely familiar with one of the ubiquitous aspects of such dealings: a confidentiality, or nondisclosure agreement. These are typically anywhere from two to five or six page...
In an earlier post we touched upon the reasons why your business may want to consider alternative dispute resolution in lieu of litigation in the event of a contract dispute. In this post we will briefly consider some of the specific forms that alternative dispute...
The next chance you get to review one of your business contracts, or even a purchase order or order acknowledgment form, take a look at its provision for what forum to use if a dispute arises about its terms, conditions and performance obligations. Chances are that...
Contracts with the state of Ohio will often involve two layers: the prime contract with the company responsible for project completion, and one or more subcontracts between that company and other companies it uses to help do the work. A recent dispute between two...
If you do business in the state of Ohio, you likely deal with contracts. Depending on the nature of the transaction, the applicable law can be either the original, common-law based structure or the more recent Uniform Commercial Code (UCC) as it has been adopted by...