At some point in time, most Ohio contracts come to an end. This can be because the contract has been fulfilled or one or both parties decide to terminate the contract. When the contract comes to an end due to termination by one or both parties, it is likely that a variety of contract disputes are the root cause and will play a role in what happens going forward.
Early contract termination can lead to contract disputes
What is a breach of contract?
Contracts are a common part of doing business. Ohio businesses use them in the sale and purchase of products, in the employment of individuals and in many other instances. The purpose of the contract typically is to establish the specific terms of the individuals' or businesses' agreement. When the terms of such an agreement are not met, then it is possible that a breach of contract has occurred.
Breach of contract can occur when employee changes companies
Companies often spend considerable time and money searching for and training employees and managers. The Ohio based company goes to this expense in anticipation of the individual remaining loyal to the company and working with the company for at least a certain time period. In some instances, this time period is spelled out in contract form, and if the individual decides to leave prior to this contract expiring, a breach of contract may occur.
Contract disputes can affect company production
Businesses often rely upon vendors to supply necessary parts to produce the end product. While the Ohio business and the vendor may be physically thousands of miles apart, they still have a working relationship and often a contractual obligation with each other. Most of the time things go smoothly and both parties uphold their end of the agreement; however, there are times when there are contract disputes and the company needs legal clarification and/or assistance to remedy the situation.
Employment contract disputes and expectations
Employees are an important part of the Ohio business. They often have the talent and expertise needed to allow the company to continue to grow and thrive. After investing time and money in locating and training the desired individual, the company wants to ensure that the working relationship will be a smooth one. In order to avoid potential problems down the road, such as employment contract disputes, employers and employees often enter into an employment contract.
Breach of contract dispute goes before jury
At some point in time, it may be necessary for an Ohio business to hire another company to perform tasks for the business. In some cases, this may be a short-term assignment that is handled by a simple phone call and payment for work completed. In other cases, it may be a more involved assignment, and the companies enter into a contract stating what will be done and how much will be paid for the services rendered. When this happens, it is assumed that both parties will live up to the terms of the contract; otherwise, they risk a breach of contract dispute.
Breach of contract claimed in employment dispute
Skilled employees are an asset to Ohio businesses. Companies often depend upon them to provide customer service, provide training to customers and other employees, solve problems and a variety of other important business activities. Truly skilled employees are not found every day, and as such, when they are discovered, their contribution to a company is essential. Many companies recognize this possibility and thus enter into employment contracts with employees. While this may be good business practice, it can also lead to breach of contract concerns if the employee and/or company decide to part ways.
Release of confidential information can lead to contract disputes
Productivity and profits are the driving force behind most Ohio businesses. Retail stores, business enterprises, doctor's offices and even hospitals consistently look for ways to increase in both of these areas. In doing so, the business often looks to sources within its own company and at times will hire outside help to assist in evaluating various aspects within the business. While this outside assistance can prove invaluable at times, it can also become the source of contract disputes.
Employment contract disputes can be costly for all involved
The details and fine print in a contract can be an important factor in determining whether to accept the contract. These same details and fine print can also be an important factor when it comes to litigation surrounding the contract. When it comes to employment contract disputes, these details and fine print are often a vital part of the dispute and can involve a substantial amount of money for the Ohio business.
$480,000 verdict in employment contract disputes claim
In some professions, written employment contracts are the norm. Prior to an Ohio company offering employment, a contract is drawn up and presented to the potential employee. Upon review of the contract, the employee signs the contract if accepting the job. The purpose of this practice is to minimize the potential for employment contract disputes.
