Once a homeowner has hired a contractor for a home repair or remodeling project, they expect the work to be completed correctly. Unfortunately, projects can go awry. Sometimes the project takes longer than expected, the contractor uses the wrong materials or the work...
Month: October 2020
Don’t Accept An Incomplete Credit Agreement
The credit agreement is used differently and means different things to those involved in a commercial transaction. To the vendor, the credit agreement is a way to gather information about a prospective customer. With this information, the vendor has a means of...
Commercial leases: often challenging, complex contracts
The celebrated poet Carl Sandburg once wrote a poem that now memorializes forever the vast and vibrant Chicago metropolitan area. Appropriately entitled “Chicago,” Sandburg’s ode to the city, its inhabitants and myriad industries highlights the metro’s pulsing and...
Lawsuit claims defects left $3.5 million luxury home uninhabitable
Even the nicest-looking, classiest, most expensive homes may be left uninhabitable and unsafe due to construction defects. According to a recent claim in another state, a $3.5 million townhouse was left uninhabitable by construction defects. According to the lawsuit,...
Is Your Guarantor’s Guarantee Still Enforceable?
Changes to a contract might not be enforceable against a guarantor who has not agreed to those changes in writing. There are a number of ways this scenario could play out. For example, say your company has agreed to provide building materials to your client for a 1...
Get Paid! Collecting on Commercial Debt: The Philosophy of the Fight
By Adam Whiteman, Commercial Collection Attorney Walking into a courtroom with a brief case full of arguments is much the same as walking into a saloon in the Old West and demanding justice. It’s a fight. There are no two ways about it. Once a debtor has decided you...