What is Impossibility of Performance?
March 29, 2019Impossibility of performance occurs when the contractual duties of one or more parties cannot be fulfilled due to circumstances out of their control. It is a defense to a breach of contract claim. Sometimes unforeseen or unexpected events make it impossible to fulfill the terms of the contract. Some typical example…
DetailsCan I Get Out of a Usurious Loan?
March 18, 2019The concept of usury goes back to Biblical times — in fact, many religions banned usury, the definition of which in ancient times was charging any amount of interest. Today, a usurious loan is one in which a higher interest rate is charged than allowed by law. What is considered usurious is determined by each…
DetailsWhat Arizona Employers Need to Know About Non-Solicitation Agreements
March 13, 2019Non-solicitation agreements are commonly used to keep former employees from soliciting their former employer’s customers and fall under the category of restrictive covenants, which also include non-compete and non-disclosure agreements. And while Arizona courts have typically disfavored restrictive covenants, the…
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