Seeing an arbitration clause in a business contract is very common these days; it is a promise between the contracting parties that they will solve their dispute via arbitration in the event of a disagreement or breach of contract. What is arbitration? Arbitration is...
The Process of Resolving Construction Disputes
Disparities between parties of a contract will lead to construction disputes. There are a few reasons disputes may arise, such as an unclear understanding of the contract, delays or unsubstantiated claims made by those involved. The dispute itself may not constitute a...
The 3 Most Common Types of Business Disputes
During the course of their life cycle, businesses encounter a variety of legal concerns. It seems the concepts of business and warfare are often interchangeable. Both have several terms in common – tactics, strategy, ruthlessness, and leadership. The top three...
Time Is Of The Essence In Construction Agreements
Entering into a binding agreement with a contractor for the construction of a home can be exciting but also stressful depending on how much time you have for the completion of the project. Building projects sometimes take more time than projected based on various...