A contract is an agreement between two or more parties. A contract may be written or verbal or even implied. Every contract is (and often should be) different in its terms- depending on the agreement between the parties.
In every contract, there is an implied promise of good faith and fair dealing by each party not to do anything which will deprive the other parties of the benefits of the contract. A breach of this covenant gives rise to “tortious” breach of contracts and may be used to seek both compensatory and punitive damages from the party who acted in bad faith.
A well thought of contract should not only be reflective of the current relationship between the parties, but should envision the future and as a result install certain provisions that protect you from foreseeable disputes. A well-articulated contract should be used a loss-prevention tool and as such shield from potential litigation.
For all businesses and those of us who work with businesses, we inherently deal with contracts involving the sale of goods or services. Since a contract is a legally binding agreement, even an honest or unintentional mistake can cause serious (financial) problems.
Bidari Civil Defense has extensive experience in offering the following services in the field of contract law:
- Purchase and Sale Agreements
- Partnership Agreements
- Restructuring Agreements
- Operating Agreements
- Termination Agreements
- Employment Agreements
- Business Contracts
- Litigation Disputes
- False Advertising
- Contractual Fraud
- Fraud in the Inducement
- Commercial Agreements
- Uniform Commercial Code (UCC) Disputes
- Breach of Contract Disputes
- Tortious Breach of Contract
- Negligent/Intentional Failure to Perform Contractual Duties