Can an Email be Considered an Enforceable Contract?
October 24, 2018Only the most seasoned business veterans remember the days when business correspondence involved paper and ink. Today, almost all business is conducted via email, including negotiating for goods and services. Over the past decade, courts have typically held that emails can be enforceable contracts, even if the purp…
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Can You Recover Lost Profits in a Breach of Contract Case?
September 28, 2018From a legal standpoint, lost profits are essentially pre-tax profits that a company would have earned if not for the conduct of a defendant. Arizona law permits recovery of lost profits in breach of contract claims; however, establishing lost profits damages can be difficult for both established and new businesses…
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What is a Liquidated Damages Clause in a Contract?
September 26, 2018One of the ways to help reduce risk in a commercial contract is the inclusion of a liquidated damages clause that specifies an estimated payment for any resulting damages from a breach of that contract. Once the types of breaches are defined in the contract terms, the monetary damages to be set are the parties’ […
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