Contracts are central to our everyday lives. A contract can be verbal or written (sometimes both) and is a legally binding agreement that establishes the terms and conditions which bind the parties. In addition, the law will sometimes imply terms into a contract.
There are many traps and pitfalls in contract law. A Court might interpret a provision in a way which a party might never have expected. A contract might fail because it is not supported by consideration (value). A party might renounce the contract where they have no right to. This is why it is so important to obtain legal advice before entering into a contract under which you incur significant liabilities or obtain significant rights, and before taking action to breach (or respond to a breach) of contract.
Contracts can take many form, including:
- business agreements
- agency agreements
- agreements for the sale/supply of goods
- insurance contracts
- joint venture agreements
- put and call options
- production and distribution contracts
- financing contracts
- guarantees, mortgages, loan agreements,
- employment contracts and contracts for the sale of land etc
You even enter into a contract when you buy a newspaper. The law of contract touches us all.
At Craddock Murray Neumann we offer expert advice to anyone requiring assistance with a contract. The services we provide include:
- contract negotiation
- drafting contracts
- advising on termination of contracts
- enforcing contracts
- recovery of damages as a result of a breach of contract
- defending proceedings where a breach of contract is alleged
For more information on this topic click on the Articles tab at the top of this page or to the right:
our Managing Partner, Dominic Wilson on (02) 8268 4000 or by email at firstname.lastname@example.org
for friendly professional service. Dominic will direct you to an experienced contract lawyer who can assist you.