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contractual relationship

By Occasional Contributors | 3 Minutes Read April 2, 2020

COVID-19 and the law of frustration

We are flying blind into this storm. The pandemic is certain to affect, and has already affected, all kinds of contractual relations. I think it possible, even probable, that COVID-19 will be held to be an “Act of God” and available to excuse performance of all kinds of contracts, contracts of employment and contracts of sale or supply.

Article by Occasional Contributors / Business, Finance and Accounting / Act of God, contractual obligations, contractual relationship, force majeure, law of frustration Leave a Comment

By Occasional Contributors | 4 Minutes Read January 15, 2020

Construction disputes: A contractor’s right to be paid vs. owner’s claims for defective work

It is one of the most common scenarios in construction litigation: work has completed, the contractor has rendered its final bill and an owner refuses to pay on the basis that there were delays or that there are defects or deficiencies with a contractor’s work. While contracts can and do provide allowances for such situations, that is not always the case.

Article by Occasional Contributors / Business, Finance and Accounting / commercial litigation, construction, construction contracts, contracts, contractual relationship, real estate, right to be paid

By Jeffrey Sherman, MBA, FCPA, FCA | 3 Minutes Read September 21, 2012

Contract administration – beyond the handshake agreement

Unfortunately, it is not unusual for not-for-profit organizations to find they have entered into a contractual relationship that did not receive the required level of oversight, discussion and approval. Such contracts dramatically increase the risk of harm to your organization.

Article by Jeffrey Sherman, MBA, FCPA, FCA / Business, Finance and Accounting, Not for Profit / business contracts, commercial contracts, Commercial transactions, Contract administration, contract law, contractual relationship, employment contract, exposure to financial and legal risk, Internal Controls, not-for-profit policypro

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