In a perfect world, parties tied to contracts would always follow through on their promises. But as business professionals in New York and other states know, people and companies don't always agree. Most parties want disagreements resolved as amicably as possible when...
Contract Disputes
What is a unilateral contract, and is it safe?
Unilateral is a type of business contract that you could draft in New York. The parties entering a unilateral contract don't have to follow through unless one of them begins to complete the requested work. In a bilateral contract, the worker can't change their mind...
Anticipatory breach resolutions in New York
If you have hired someone to do a job in New York, and they come to you before the expected completion date and tell you they will not complete their end of the deal, then you have an anticipatory breach. This type of breach differs from an express repudiation, which...
How the contra proferentem rule is applied in contract disputes
When contracts are challenged and the dispute hinges on a provision in the agreement that can be interpreted in more than one way, courts in New York and around the country often apply what is known as the contra proferentem rule. This is a contract law doctrine that...
What are the best ways to resolve a partnership dispute?
Not all New York business partners see eye-to-eye. Differences of opinion arise and conflicts can happen, making for an uncomfortable working situation. If you are involved in a partnership dispute, it can be resolved. These are some of your options. Partnership...
Business disputes and contract terms in New York
Communication is key in every relationship, especially in business, where money and legal ties are the key factors that bind two parties together. Thus, it follows that failure to understand contractual terms is one of the leading causes of disputes in New York. You...
The facts about bilateral contracts
A bilateral contract is an agreement that is binding on both parties. A valid contract, in New York, and everywhere else, must satisfy specific conditions, and violating the terms of that agreement may have legal consequences. Basic requirements Not every agreement is...
Mandatory binding arbitration in contract disputes
It is quite common for contracts to have particular clauses that set parameters for the terms of any agreement, and often, they are very restrictive for New York residents when a contract breach may have occurred. The clauses always have a purpose, which is not always...
Smart contract dispute resolutions protect crypto transactions
Whenever dealing with cryptocurrency across borders, it's beneficial to understand what a smart contract is, what happens when they're disputed, and how to use dispute resolution to resolve the matter quickly and effectively in New York. Smart contract dispute...
Are no contract disputes helpful?
Creditors may sell unpaid balances to New York debt collection firms in an effort to get at least a portion of what they are owed. If one of your unpaid debt balances was sold to a collection firm, you may receive letters or phone calls seeking payment. Although there...