How Do I Prove Non-Fulfillment in a Contract?

When a counterparty in a contractual relationship fails to fulfill its obligations under the contract, you may have a legal claim in North Carolina to recover compensation for your losses. But how do you prove when non-fulfillment of a contract has occurred?

Understanding Contractual Obligations
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What to Include in a Business Operating Agreement

The owners of a limited liability company in North Carolina can create an operating agreement to establish formal rules and procedures for governing and operating their business. An operating agreement serves the same role for an LLC as the shareholders agreement and bylaws do for a corporation. Even single-member LLCs can benefit...

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How Can I Modify Alimony in North Carolina?

Circumstances change, and your living situation should reflect any major changes to your income, family, or lifestyle. The same applies to alimony payments. Yet, the legal process can make it difficult for you to make necessary changes to your alimony arrangement. 

If you need to modify your court-ordered alimony...

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Material vs. Minor Breach of Contract

Let’s say your supplier misses a delivery date or a contractor finishes a job but skips a few agreed-upon details. Is that enough to cancel the contract—or is it just a minor hiccup? In business, contracts are essential, but not every misstep amounts to a full-blown breach.

 If you're...

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Corporate Transparency Act (CTA) Update:  FinCEN Removes Beneficial Ownership Information (BOI) Reporting Requirements for U.S. Persons and Companies

Following the US Treasury Department’s statement that it would not enforce Beneficial Ownership Information (BOI) reporting requirements, FinCEN has announced that it will issue an interim final rule removing the BOI reporting requirements for U.S. persons and U.S. companies from the Corporate Transparency Act (CTA). 

Under this interim final...

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