Members of North Carolina's business community are most likely aware that a contract is a legally binding agreement between at least two parties. Each party agrees to provide some sort of consideration to the other. When one party believes the other has failed to...
Business Contracts & Disputes
Aborted hotel tower leads to massive business litigation
What happens when a proposed 47-story hotel tower is stopped midway through construction and declared by safety inspectors to be unfit to continue? Whether it is in North Carolina or another state, legal conflicts and business litigation between many different parties...
VA ruled in breach of contract over new hospital construction
How does a major government agency sign a contract for $600,000 with a private contractor for a medical center that it knows will probably cost $1 billion? When it's the U.S. Department of Veterans Affairs that is involved, it may just be standard operating procedure....
Business litigation alleges former Netflix exec took secret fees
Business litigation in North Carolina often involves disputes between a company and its former CEO or high executives. Self-dealing by top executives is sometimes discovered by the company, which may lead to business litigation, depending on the apparent severity of...
Business disputes favor a party who has substantially performed
In North Carolina, businesses often get into disputes regarding contracts for construction and repair projects. Sometimes the dispute is between a government office and a contractor who has agreed to provide the requested construction or repairs. Business disputes...
Business disputes over auto dealer franchises are common
North Carolina and all other states see a good deal of litigation between the big auto makers and their retail dealers across the country. The problem has been exacerbated and particularly critical in the recent years with the economic downturn suffered by the auto...
Form contracts may be free, but business disputes could follow
Many small businesses and entrepreneurs in North Carolina and elsewhere may be tempted to access free documents on the Internet, and to use these free sample forms as actual contracts in their business affairs. Generally, that's a risky way to save business...
Business dispute over aborted joint venture goes to trial
A North Carolina business, like one in any other state, will have business disputes and legal cases that develop unavoidably, and that require an effective and satisfactory resolution. One general kind of business dispute that arises relatively regularly are those...
Medical lab sues its former CEO for breach of contract
Businesses in North Carolina and everywhere else are usually concerned about losing top executives, who may take proprietary material when they leave. An additional concern is that the former employee will then compete with the business. For these reasons, it is...
Business litigation is spawned by devastating data breaches
The technology revolution provides solutions and innovations that are extremely helpful to small business success, both nationally and here in North Carolina. However, the same technological advances have created problems and weaknesses that can make an ill-prepared...