Prudent university counsel should keep in mind that New York state and federal courts have held that employees can pursue breach of contract claims based on an alleged failure to comply with workplace ...

A contract is enforceable if a court is willing to obligate both parties to carry out the terms of the agreement. Courts deem contracts enforceable if the terms are willingly agreed to by the parties ...

More businesses are using automated “smart contracts” to handle transactions. Based on blockchain technology, these contracts execute automatically and are lauded as a way to efficiently digitize ...

They are enforceable and can include verbal or written statements, lawyers say. Penalties could include termination or a lawsuit for breach of contract ...

How you go about enforcing your business contract will depend on the specifics of your contract, the laws of the state in which you do business and the manner in which the contract has been breached.

Experienced government contractors know that teaming agreements are often a critical component of the procurement process. But ensuring the enforceability of such agreements can be complicated, as ...

Most every business relies on executory contracts, which often contain at least one bankruptcy provision. It is important for businesses to be aware of the common bankruptcy provisions that cannot be ...

Family members often transfer family-business ownership interests or other assets between each other. Their discussions sometimes progress from informal negotiations to a written term sheet to a final ...

Many subcontractors assume that the oral promise of a general contractor to enter into a contract at some future point can be enforced against the contractor when they have submitted a proposal that ...

Q. I recently worked for a small company on a temporary job. We verbally agreed on how much money I was to receive. It has been several weeks and I have received no payment for my work. Every time I ...