Adam Keilen Generally, the implied covenant of good faith and fair dealing is a presumption that parties to a contract will handle the contract’s affairs in a manner that is…
Adam Keilen Yes. Corporations can sue for business defamation. Each state has different laws regarding defamation; business defamation is a common law action based on false spoken or written statements…
Adam Keilen Why would I contest a Will or a Trust? If your loved one’s Will or Trust is not what he or she really intended, there are corrective actions…
Adam Keilen Why does Consideration matter? A valid contract must have consideration, or a valid substitute. If a contract lacks consideration, the court might not uphold the agreement. What is…
A breach of contract occurs when one party fails to perform, resulting in legal consequences for the breaching party. Oftentimes, we hear the words, “material breach.” A material breach is…
Adam Keilen What should I be doing if I already have one? Limited liability companies (LLC’s) offer LLC owners personal protection from business debts, lawsuits, and other liabilities, just like…
Adam Keilen A contract of adhesion is a standard form drafted by one party, usually a party with stronger bargaining power, and signed by the other party, usually a party…
Adam Keilen Startling Facts. Family run businesses make up a significant portion of the US Economy. Yet, merely 12% of family run businesses survive into the third generation. Thus, 88%…
Adam Keilen How are damages calculated for contract disputes? Expectation Damages. Generally, if your lawsuit involves a contract, the contract damages (also called “expectation damages”) are calculated so as to…
Adam Keilen What is Copyright protection? Does my Business/Company have any rights? Copyright protection grants certain rights to authors of “original works of authorship.” The protected work includes literary, dramatic,…