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Can My Business Re-Negotiate Its Contracts with Vendors and Our Landlord in Light of the COVID-19 Pandemic?

In Business Tips, Contract Disputes, Contracts by Larry DonahueLeave a Comment

In today’s COVID environment, businesses are being told to close their doors and send employees homes.  As such, many business owners are struggling to earn enough revenue to be able to meet their contractual obligations to their vendors, landlords and banks, let alone make payroll.  With financial disaster looming for so many businesses, do standard contracts, loan documents or leases …

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Are Handshake Deals Enforceable?

In Business Tips, Contract Disputes, Contracts, Dispute Resolution by Don KochersbergerLeave a Comment

There is a common misperception that written contracts are required for any agreement to be enforceable.  While it is almost always preferable to have a written contract, hopefully crafted by an attorney with an understanding of the issues related to the specific type of agreement contemplated, all is not necessarily lost if you do not. There are some types of …

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Welcome to the team, Carrie Cook!

In Break-ups & Partnership Disputes, Contract Disputes, Contracts, Dispute Resolution, Litigation & Lawsuits, Partnerships by Sean FriendLeave a Comment

We are pleased to announce the newest member of the Slingshot Team, Carrie Cook! Carrie grew up in New Mexico but moved to the United Kingdom at 18 to pursue her undergraduate degree. She graduated from the University of Wales, Aberystwyth, with an LL.B. in law before attending law school at the University of New Mexico School of Law. She received …

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Promissory Notes

In Contract Disputes, Contracts by Kameron KramerLeave a Comment

Promissory notes can be helpful in so many different situations, but what exactly are they and what do you need to look our for when dealing with them?  In it’s simplest terms, a promissory note is an IOU.  It includes the terms of the agreement, specifically the amount owed, how and when it is to be repaid, and default terms.  If you’ve ever …

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Breach of Contract: What Happens Next?

In Contract Disputes, Contracts by Don KochersbergerLeave a Comment

When you enter into a business contract, you expect to hold up your end of the deal and expect the other party to honor their part, as well. When something goes wrong and the other party isn’t holding up their end of the deal, they have committed a breach of contract. So, what can you do against a business or party …

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Federal Courts Should Use State Law to Interpret a Contract’s Venue or Forum Selection Clause

In Contract Disputes, Contracts, Litigation & Lawsuits by Don KochersbergerLeave a Comment

Most circuits have not decided this issue. Those that have addressed it typically recognize that no reason exists to treat a venue selection clause differently from the remainder of a contract that will be interpreted using state law. See, e.g.,  Northwest Nat. Ins. Co. v. Donovan, 916 F.2d 372, 374 (7th Cir. 1994) (“Validity and interpretation are separate issues, and …