In an ideal world, every business and professional would go to great lengths to uphold all contractual obligations. In the real world, countless different issues can prevent the fulfillment of a business contract. A sudden change in leadership at an organization may...
Contract Disputes
Enforcement of personal guarantees: What to know
A personal guarantee is a commitment by an individual to take responsibility for a business's debt or obligation in the event that the business entity itself is unable to fulfill its financial commitments. A personal guarantee is a legally binding agreement within...
What makes a contract unenforceable?
For contracts to operate effectively, laws must be in place to determine what makes contracts legally enforceable. However, it's just as important for laws to exist when contracts are not enforceable. Knowing when a contract is legally unenforceable is equally...
How to fight fraudulent exemption of execution claims by debtors
If you are owed money from a bankrupt individual who lied about their income or who claims they cannot pay your secured debt because their property was exempt from execution, you may have some legal recourse to reclaim the funds due. One way is to fight the debtor's...
Broker compensation rights
Brokers and agents offer a valuable service, and while many love what they do, compensation for their effort is expected. Both sellers and buyers should provide compensation upon sale, but like any business agreement, conflicts can occur. In Florida, a brokerage firm...
Why you need a dispute resolution clause
There are a number of ways to handle a contract dispute for your business in Florida. One of the best things you can do is make sure to include a dispute resolution clause in your agreement. Doing so will give you a means of negotiating an end to an issue before it...
Construction disputes are at an all-time high
The number of construction disputes reported in Florida and the rest of the U.S. is at an all time high. This may be seen as a result of continuing fallout from the COVID-19 crisis. Whatever the reason may be, one thing is clear: Solutions for construction disputes...