An injury is classified as catastrophic when it leaves a victim with long-term consequences and life-changing impacts. A catastrophic injury may involve the spinal cord, spine, skull, or brain. Catastrophic injuries also include serious burns, injuries involving the lungs and heart, and certain types of birth injuries. In other words, catastrophic injuries...
How to Determine if a Contract Breach is Material
In contract law, there are different types of contract breaches. The most serious type of breach is called a material breach. A material breach of contract occurs when one party’s failure to abide by a contract’s terms renders it irreparably broken and defeats the purpose of entering the contract in the first...
Breach of Contract Case: What Law Applies?
Breach of contract cases generally occur when a party to a legal agreement fails to abide by one or more of its terms. When a party fails to abide by the terms of a contract, the other party may file a lawsuit for breach of contract. Parties may contract for many things,...
Common Types of Commercial Disputes
While many business transactions go according to plan, some lead to disputes. Business disputes, also known as commercial disputes, can arise out of a number of situations. The variety of events that can result in a commercial dispute makes it a common issue with which businesses must contend. In this article, we...
Breach of Contract Litigation in Georgia
A breach of contract is a situation in which a party to a contractual agreement fails to abide by one or more of its terms. When a party to a contract fails to fulfill its contractual obligations, the other party may file a breach of contract claim in court. In this article,...
Contract Breaches: Four Types of Issues
A breach of contract occurs when a party to a contractual agreement fails to abide by one or more of its terms. When a party fails to abide by its contractual obligations, the other party may file a breach of contract action in court. Contract breaches fall into one of four categories....
Partnership Disputes
Although people don’t enter business partnerships with an expectation of conflict, legal disputes are common in the business arena. To avoid such disputes and the costly litigation that often accompanies them, business partners often include provisions in their business formation documents that dictate how the partners will resolve conflicts when they arise....
Business Torts: Common Issues
Also known as an economic tort, a business tort is a wrongful action that is taken against a business with the intention to cause it harm. Business torts often result in lost profits, damaged reputation, loss of market share, and loss of competitive advantage. Business torts can either be committed intentionally or...
What is Breach of Fiduciary Duty?
A fiduciary is a person who has a legal or ethical duty to act in the best interests of another party. When a fiduciary fails to do so, this is called a breach of fiduciary duty. A person who suffers losses due to a breach of fiduciary duty may be entitled to...
Common Contract Breach Defenses
A breach of contract occurs when one party to a contract fails to abide by one or more of its terms. When a party breaches a contract, the other party may file a breach of contract action in court. However, breaching parties aren’t without options when it comes to breach of contract...