by David P. Weiss | Nov 18, 2020 | Commercial Law, Contract Law, Corporate Law, Real Estate Law
A recent case out of Illinois illustrates the danger of failing to keep track of deadlines, and expounds on the purpose of liquidated damages. The facts of the case are rather straightforward, but the results surely must have stung for one of the parties. A contract...
by e-LawLines | Oct 19, 2016 | Contract Law, Corporate Law, Homeowner Associations, Real Estate Law, Small Business Law
Everyone has wanted to get out of a contract at some point. Some contracts contain provisions to terminate the contract as long as certain conditions are met. It is important to comply with these provisions when terminating a contract or a court may find that the...
by David P. Weiss | Aug 16, 2016 | Contract Law, Homeowner Associations, Real Estate Law
The Missouri Court of Appeals recently addressed a condominium declaration’s provision that purportedly obligated a successor-in-interest to a unit to remain liable for the prior owner’s unpaid condominium assessments. In that case, the condominium association...
by David P. Weiss | Jul 19, 2016 | Contract Law, Homeowner Associations, Real Estate Law
Occasionally the question arises regarding the enforceability of prohibiting truck or commercial vehicle parking within subdivisions. It should be noted that parking either a truck or a commercial vehicle in a closed garage is almost always excluded from the scope of...
by e-LawLines | Jun 21, 2016 | Contract Law, Corporate Law, Employment Law, Small Business Law
Recently enacted federal “Defend Trade Secrets Act “ includes whistleblower protection not previously afforded by state law. On May 11, 2016 the Defend Trade Secrets Act (DTSA) was signed into law and became immediately effective to protect misappropriation of trade...
by e-LawLines | Mar 31, 2015 | Commercial Law, Contract Law, Employment Law, Litigation
It’s a simple concept on its face: To be binding, an arbitration agreement must contain mutual promises by both parties to arbitrate their claims. But if one party to an employment contract excepts one or more types of claims from arbitration, is there...
