Is It Possible to Revive an Expired Contract?
June 18, 2019Sometimes a contract that lacks a renewal or extension clause will expire while the principals to the agreement continue to do business together in the same fashion. However, it is not legally possible to revive an expired contract — in the eyes of the law, once a contract has expired, it no longer exis…
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What is a Non-Circumvention Agreement?
June 13, 2019The business world runs on deals, many of which can come about when two parties work together to do business with a third party. A non-circumvention agreement prohibits either of those two parties from cutting the other one out of the deal by working directly with the third party. For example, Company A is a …
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Negotiating a Business Divorce with the Majority Owner
June 6, 2019Usually, minority investors in private companies lack contractual exit rights that require a majority owner to purchase the investor’s shares in the business. In cases where the viability of the business is threatened by an inept or corrupt majority owner, a minority investor needs to seriously consider the…
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