The Right Entity One of the basic elements of a contract is to know who you’re dealing with. (No, Who’s on first). If you are representing an LLC or Corporation, … Continue reading “Contract Terms 1: The Parties”

A contract is not going to prevent all disputes. It will definitely prevent some, but certainly not all. I would guess that about 90% of the lawsuits my firm handles … Continue reading “Your Contract Has Problems. They all do.”

So there you are, looking at a contract you found on the internet. You’re thinking about using it for your business. It looks pretty good to you. But you also … Continue reading “How much will it cost to have your attorney look over your contract? Plus, one tip for getting a good deal”

A contract typically consists of the fairly standard parts. Each part may be different depending on what the contract is for, but most of the time these standard terms are … Continue reading “The Anatomy of a Contract”

You’re an entrepreneur for a few reasons: You want to make money, you want to make a difference, or want to control your own destiny. The main reason, though, is … Continue reading “The 5 People Every Business Owner Should Know”

Utah Strictly Enforces Preliminary Notice Requirement on Bond Claims A federal district court recently submitted an interesting ruling regarding Utah’s private bond statute. Utah Code Annotated section 14-2- 1(2) requires … Continue reading “I am the Gatekeeper”

Gaining momentum – and being explored by at least one local municipality – are actions and claims against sureties for violation of Nevada’s Unfair Claims Practices Act (“Act”). See NRS … Continue reading “An Emerging Strategy of Claimants – Nevada’s Unfair Claims Practices Act”

By Kurt C. Faux, Esq.1 and Colin R. Chipman, Esq. The downturn in the construction industry and the corresponding insolvency of many contractors has caused an ever increasing focus on … Continue reading “Introduction to Construction Bonds in Nevada”