Contract law determines when promises are legally enforceable. The fundamental requirements for forming a binding contract are an offer, acceptance and consideration. To be enforceable, a contract must be formed by competent parties who give their consent to a legal agreement.
Written contracts are critical to avoid misunderstandings. A well-drafted contract should contain all terms of the agreement and make them explicit to protect each party’s interests. A contract should also contain dispute resolution mechanisms and procedures in the event a conflict arises.
One reason to sue over a contract is when a party commits a breach of the contract. Defenses that excuse a breach of contract include duress, fraud and misrepresentation, mistake, lack of consideration and the statute of frauds.
Businesses require carefully drafted contracts to protect them from costly litigation and to ensure that they receive the benefit of their bargain. Homer Bonner Jacobs contract law practice is widely respected for providing creative, quality, and efficient representation focused on protecting and advancing our client’s business interests Our attorneys deal in contract law on a daily basis. Whether the contract is a simple, one-page document or numerous, related agreements for the sale of a multimillion dollar business, our experienced attorneys can draft and negotiate unambiguous, effective contracts for our clients.
Whether drafting, negotiating, or litigating contract rights, Homer Bonner Jacobs contract law attorneys have experience representing clients in all aspects of contract law, including:
· Commercial contracts
· Contracts for the purchase and sale of small and large multinational businesses.
· Purchase and sales of assets
· Purchase and sale of stock, membership interests, partnership interests, hybrid securities and derivatives, or a combination thereof
· Employment contracts
· Franchising agreements
· Joint ventures
· Licensing agreements
· Non-compete agreements
· Non-disclosure agreements
· Non-solicitation agreements
· Partnership agreements
· Real estate contracts
· Loan agreements
· Loan workout agreements
· Service contracts
· Settlement agreements
· Shareholder agreements
· Operating agreements
· Partnership agreements
Our contract law attorneys have experience working with senior management and in-house counsel to identify clients’ goals and protect investments, anticipate problems, limit risks and eliminate obstacles through the careful planning, drafting and implementation of creative programs. We excel at anticipating and addressing potential problems during negotiations, which allows our clients to focus their attention on growth and opportunity.
Even if your company or business has already entered into a commercial contract, HomerBonner’s contract law attorneys have a wealth of experience analyzing and interpreting contracts and providing legal opinions on their validity and scope.
To learn more about our contract law practice, contact us. We will gladly provide an initial consultation at no cost.