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There is no dispute that defendants herein meet the first prong of the definition of “contractor”. The dispute centers entirely around the second prong. Defendants assert that they were something less than general contractors, something more than roofing contractors, and thus specialty contractors (and not required to be licensed). Plaintiff asserts that defendants qualify as […]

Claims involving breaches of confidentiality, non-disclosure and trade secrets Breach of confidence The tort of breach of confidence, is a common law tort that protects private information that is conveyed in confidence. A claim for breach of confidence typically requires the information to be of a confidential nature, which was communicated in confidence, and was […]

When does a breach of contract occur? If one side fails to stick to her/her/its part of the bargain, there is a breach. A breach occurs when: one party to a contract makes it impossible for the other parties to the contract to perform; a party to the contract does something against the intent of […]

To win a lawsuit for breach of contract, you typically have to prove three things: You need to prove that the contract existed; You need to prove that the contract was broken; and You need to prove that you suffered a material loss as a result of the broken contract. Here are a couple of […]

Investment Dictionary: Rescission The right of an individual involved within a contract to return to the identical state as before they entered into the agreement, due to courts not recognizing the contract as legally binding. Investopedia Says: This is an important factor in the business world, as contracts are commonplace. Should a contract not be […]

Money laundering is the practice of engaging in financial transactions in order to conceal the identity, source, and/or destination of money, and is a main operation of the underground economy. In the past, the term “money laundering” was applied only to financial transactions related to organized crime. Today its definition is often expanded by government […]