Contracts and transactions form the foundation of business. Contracts and business transactions should be designed and drafted to establish the rights, conditions and obligations of the parties involved. If a contract is poorly written or drafted, you or your business may suffer unintended and devastating results. Whether you have a small business or a large business, the payment of litigation costs are high. Therefore, when drafting a contract or business transaction a lawyer should always keep in mind what may happen if a dispute arises regarding the contract.
At The Meazell Firm, we have experience in litigating contract disputes. We have found that our business litigation practice enables us to spot many holes in a contract that could form the basis of a lawsuit should a dispute arise. Therefore, we spend a good amount of time drafting business contracts and business transactions to avoid potential downstream litigation. A contract or transaction is only as good as it is written.
Because there is no perfectly written contract, litigation may always result if one party doesn’t do what the contract requires. From our litigation experience, we have come to realize the importance of having satisfactory remedies outlined in a business contract. We have seen contracts written by others wherein the remedies made available in the contract were unenforceable. For that reason, when drafting a transaction or business contract, we make every effort that should a breach of contract occur, our clients have the necessary contractual rights to recover all of their damages.
When drafting contracts for a new or existing business, it is necessary to predict future situations your business may encounter. Quality business contracts take into consideration a multitude of factors that may not be obvious to you as a business owner. Whether you are opening a sole proprietorship or entering into a partnership, or embarking on a new endeavor in the course of an established business, you should seek the advice of a trained contract attorney to help you protect your rights and your business.
- Sale of a business (both multi-million or less than $200,000)
- Purchase of a business
- Sale and purchase agreements
- Non-compete agreements, also known as covenants not to compete
- Buy Sell agreements
- Real estate contracts (real estate purchases, land use, leasing)
- Lease agreements
- Employment contracts
- Franchise agreements
- Settlement agreements
- Corporate agreements