What Are My Options for Breach of Verbal Contract?
If a party breaches a contract, then litigation is fairly simple. However, if the contract is verbal, the litigation becomes a lot more complex. At least in Texas, not all legally binding contracts have to be in writing, so it is possible to sue for breach of verbal contract.
In these cases, the burden of proof will be on the party that is suing, and they will have to prove the guilt of the party that they claim breached the verbal contract. You will have to prove the existence of the offer, acceptance of the offer, and other stages of the contract. If the relevant party didn’t know that their agreement was legally binding, it is unlikely to be successful.
Because verbal contract cases are so complex and variable, it’s important that you seek legal representation from experts in the field. Colby Lewis is an expert in all matters related to commercial litigation, so you can focus on your life while he gets your needs met in the courtroom.
Can I Sue a Financial Advisor?
If you’ve given money to a financial advisor to invest, and your money was lost, you may have legal recourse. It will need to be proved that your financial advisor breached a contract, breached their fiduciary duty, or was negligent. There are several other situations that also warrant commercial litigation.
If you’ve lost money, that doesn’t always mean that you’ll be able to win a court case. However, a skillful legal team can help you wade through the process, and get you maximum recoveries if you do have a case.
What is a Non-Compete Clause and How Can I Deal with it?
Non-compete clauses are commonly found in employment contracts. These types of clauses state that you won’t work for one of your employer’s competitors for a specified period of time.
Courts will not honor non-compete clauses that are deemed to be unreasonable or too limiting on your future employment prospects. Legally, the non-compete clause must be in place to protect “legitimate business interests”. Otherwise, they are likely to not be respected.
It’s very important to look at your non-compete clause in detail when you sign a contract. Make sure to read your contract in detail and let your employer know if you have some issue with the non-compete clause before you sign, so you don’t have to deal with any difficulties later on.