Construction and Landscaping Contracts
In the world of Construction and Landscaping, proper contracting skills are a must. This can seem like a daunting task to undertake while you’re busy running a business, but in the end having a good contract and using it effectively can save you time and money, as well as increase customer satisfaction and reduce disputes.
The contract is about defining the relationships, roles, and responsibilities of each party. It will determine what is to be done, when it is to be done, where it is to be done, how much it will cost […]
Filing a lawsuit serves many purposes. One main purpose in a breach of contract lawsuit is to show the breaching party that you are taking this matter very seriously. This will put the breaching party on notice. However, filing a lawsuit does not necessarily mean you have to win or lose. You can file the lawsuit even though your intent may be to enter into negotiations to settle the breach.
Some lawsuits can take over a year and become costly. There is also never a guarantee you can win at trial. Some type of Alternative Dispute Resolution can be useful […]
What are Usury Laws?
Usury laws are designed to protect consumers from excessive interest rates on loans and other types of credit. Whether your contract allows for payments over time or simply includes a late fee for overdue payments, usury laws determine the maximum amount of interest you can charge. For most contracts in Minnesota, the interest rate for any debt must not exceed 6% unless a different rate is contracted for in writing. Even for written contracts, however, the rate cannot exceed 8%. There are exceptions to this rule, such as for contracts for more than $100 […]
When a Non-Solicitation Agreement is Better than a Non-Compete Agreement
Nothing is more frustrating than watching workers you’ve trained and fostered walk away from your company to join the competition, taking customers and expertise with them. More and more businesses are looking to non-compete and non-solicitation agreements to prevent this problem. So what kind of agreement is right for your company? It depends on what you’re looking to protect.
Non-compete agreements are designed to prevent workers who leave your company from going into direct competition, by restricting the jobs that workers […]