That the Federal Arbitration Act (FAA), state arbitration statutes and courts generally favor arbitration provisions in contracts is well-recognized. But what if the contract containing the ...
There is a growing trend in the construction industry wherein contractors, subcontractors and designers are working together to pursue large construction projects. This trend is accelerating as more ...
We previously discussed in broad terms that a valid and enforceable contract must have offer and acceptance, mutual exchange of something of value and definitive terms. But what does it mean for a ...
The justices said the mandatory arbitration clause was confusing because of the way it used the terms arbitration and mediation interchangeably. The New Jersey Supreme Court has ruled that a provision ...
Why a Contract Can Disappear After It's Signed Imagine a company negotiates a $500,000 supplier agreement with what appears ...
Small businesses frequently enter into contracts with customers for the sale of products or services, with vendors for the supply of goods and with employees. Contracts must contain seven key elements ...
A severability clause lets certain contract parts remain valid, even if others are void. Learn about its definition, key ...
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