When making a business acquisition, the importance of due diligence cannot be overstated. In the year 2021, M&A activity will likely be high …
What Is A Non Compete Agreement?
A “non-compete agreement” (NCA) is an agreement between an employee and an employer in which the employee promises not to enter into …
What Is A Breach Of Contract?
A contract is an agreement that specifies the rights and duties of the parties to the agreement. It is legally enforceable when all parties …
What Is A Hardship Clause?
A hardship clause in a contract allows the parties to modify or excuse their contract obligations when one of the parties experiences a …
What Is Force Majeure?
“Force majeure” is a well-established legal doctrine that is embedded in many business contracts. Under certain circumstances, a contracting …
What Is an Act of God Clause?
Many contracts include provisions that excuse one or both of the contracting parties from performing their contractual obligations due to …