A business of any size runs on agreements -- with suppliers, with employees, with governments and with the public. A contract is an agreement in which two or more parties agree to exchange money, ...

Conditions Precedents in Construction Contracts In their Construction Law column, Kenneth Block and Joshua Levy explore the differences between typical contract terms and those that rise to the level ...

A party cannot deliberately prevent a condition precedent from being fulfilled and then use that failure to escape its ...

Many agreements contain condition precedent clauses which must be satisfied to trigger other performance obligations in the contract. Generally, a condition precedent is "an act or event, other than a ...

An explanation of the potential options available when a party fails to comply with a contractual mediation condition precedent to binding dispute resolution and practical tips for properly drafting ...

Legal precedent comes from court decisions where judges are asked to interpret the law, and once a court rules on an issue, legal precedent becomes the law. This means that legal precedent and ...