By H. Clay Parker, Esq. | Published March 30, 2021 | Posted in Business Contracts | Tagged Tags: breach of contract, construction contracts, damages apportionment, damages clauses, liquidated damages | Comments Off on Enforcing Liquidated Damages Clauses in Construction Contracts
Enforcing Liquidated Damages Clauses in Construction Contracts
Liquidated damages are amounts of money that parties to a contract agree are to be paid by one party to the other in the event of a breach of contractual terms. Liquidated damages clauses are common in Florida construction contracts, since they guard against the unpredictable losses that property owners, developers and contractors might suffer Read More
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How Will Coronavirus Affect Contractual Relationships and Obligations?
The coronavirus pandemic has disrupted practically every aspect of American life. Whether closed by government order or by concerns about public safety, millions of businesses around the country have seen their operations come to a halt. Despite the overwhelming effect of COVID-19, it is not a certainty that an “Act of God” clause in a Read More
Read MoreMinimizing risk through well-drafted non-compete agreements
Minimizing risk through well-drafted non-compete agreements On behalf of H. Clay Parker, Esq. posted in Business Litigation on Wednesday, December 28, 2016. As a business owner, you know the serious impact that a dispute or contract issue can have on the health and success of your operations. It is possible to avoid such conflicts and minimize Read More
Read MoreOrlando home prices continue to recover in 2013
Orlando home prices continue to recover in 2013 On behalf of H. Clay Parker, Esq. posted in Foreclosure Defense on Sunday, January 19, 2014. The Orlando real estate market finished last year on the up side with a 24 percent increase in the price of homes. The improvements to the Orlando real estate market have been Read More
Read MoreWritten contracts can help to avoid business litigation
Written contracts can help to avoid business litigation On behalf of H. Clay Parker, Esq. posted in Business Litigation on Wednesday, May 6, 2015. A company’s business transactions and ongoing relationships should be put in writing. This will help to minimize contractual disputes and related business litigation. Additionally, a Florida business will benefit greatly by having Read More
Read MoreAn appropriate response to a construction defect
On behalf of H. Clay Parker, Esq. posted in blog on Friday, June 23, 2017. Construction projects are vast, complex and they can take an exorbitant amount of time to complete. Despite seeking bids with various construction companies and doing your homework regarding the right choice of the company to complete your project, things can go Read More
Read MoreBecoming a business owner in Florida requires a strong plan
Becoming a business owner in Florida requires a strong plan On behalf of H. Clay Parker, Esq. posted in Business Formation & Planning on Friday, June 20, 2014. People in Florida may become so excited about the prospect of owning their own business that they mistakenly rush into their new venture. Failing to properly prepare to Read More
Read MoreRecommended business partner qualities
Recommended business partner qualities On behalf of H. Clay Parker, Esq. posted in Business Formation & Planning on Monday, June 19, 2017. When searching for someone to start a new company with or add to an existing business venture, Florida entrepreneurs should not take such a decision lightly. Working closely with someone to bring a company Read More
Read MoreLLC tax pros and cons
LLC tax pros and cons On behalf of business attorney, H. Clay Parker, Esq. posted in Business Formation & Planning on Monday, June 12, 2017. Florida entrepreneurs who are considering establishing new companies and may be interested in utilizing the Limited Liability Company structure should understand how taxes are handled for these types of businesses. Read More
Read MoreLegal concerns are vast and plentiful in the world of business
Legal Concerns are Vast and Plentiful in the World of Business On behalf of H. Clay Parker, Esq. posted in Business Litigation on Thursday, June 8, 2017. Whether you are an entrepreneur just starting his or her business, a well-established and experienced business person, or a company that is struggling to make ends meet, there will Read More
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