It seems quite often you see contracts that contain provisions similar to the following:
Either party may cancel this contract at any time by giving the other party 60 days written notice.
This always sounds like a good idea when you discuss it. Basically it is the back-out provision, if things are going badly, you can [...]
Posts Tagged ‘contract litigation’
Be Careful When Granting the Power to Terminate a Contract Early
The Problem with On-Line Form Contracts
If you are looking to start a business in Milwaukee, Wisconsin, or already own a business in the Wauwatosa or Milwaukee area, you might think, “I can save some money on using contracts and business formation services from an on-line website.” And this is true, you will certainly get a cheap alternative. Of course, as [...]
What if there was no written Contract?
This is an issue that comes up quite often in my Business Litigation Practice. When two businesses, especially small businesses, first get together they are excited to have the service/ a new client and other than maybe a written a proposal have nothing in writing setting out the terms of the agreement.
If everything does not [...]
Anatomy of a Contract (part 3 of 3)
Click the links to get to Anatomy of a Contract part 1 of 3 or part 2 of 3
In part 2 of 3 I mentioned that the “Action” part of a contract is the most important part of a contract; and it is, but mainly because of how it relates to the “insurance” part of [...]
