Greensboro Business Contract Lawyers Safeguard Clients’ Interests

Attorneys draft clear, accurate documents to formalize company agreements

Businesses rely on clear expectations and enforceable rights. Competing in today’s economy is tough enough without the ambiguity, confusion and frustration that comes with poorly drafted business contracts. In Greensboro, companies large and small depend on Sigmon Klein, PLLC to protect their interests in negotiations, draft their agreements accurately in plain language, and assert their rights when disputes arise. We have decades of combined experience, so we can anticipate potential problems and address reasonable contingencies to prevent troubles from escalating. When conflicts arise, as they often do, we seek swift resolutions to get your operations back on track.

Experienced firm handles contract negotiation, drafting and review

A contract is an enforceable exchange of promises. The key to a successful contract is clarity about who is promising what (as well as when and how), so the parties understand exactly where they stand. Another important element is industry-specific experience about matters that could possibly go awry. This gives parties the ability to insert remedies into the agreement. With built-in contingencies, you can often avoid costly litigation that could cost you the benefit of your bargain and turn a profitable contract into a harmful loss. Our business attorneys have the knowledge and experience to negotiate on your behalf, so the contract you sign is balanced and advantageous.

Legal counselors who are familiar with a wide variety of business contracts

Our firm provides legal services for a wide range of businesses, assisting with various types of business agreements, such as:

• Corporate bylaws
• Partnership agreements
• Business buy/sell agreements
• Executive compensation packages
• Severance agreements
• Non-disclosure agreements
• Non-compete agreements
• Sales contracts
• Construction contracts
• Real estate sales and lease agreements
• Loan agreements and structured finance arrangements
• Equipment leases

Whatever your needs, our business law attorneys are prepared to negotiate and draft business contracts that are clear and enforceable.

Effective litigators represent North Carolina firms in contract disputes

Every business transaction involves an element of risk. When a party to a contract fails to perform as promised, a breach occurs and the nonbreaching party is entitled to a remedy. These can include:

• Recission and reformation — In some cases, the language of the contract does not accurately reflect what the parties have agreed to. Parties can throw out the old contract and draft a new one.
• Restitution — When one party has begun work in reliance on the agreement, but the other party fails to perform, the breaching party might be compelled to reimburse the nonbreaching party for their partial performance.
• Damages — There are two categories of damages. Actual damages are losses the nonbreaching suffers as a direct result of the breach. Consequential damages are losses that are somewhat removed, but were foreseeable at the time the agreement was signed.
• Liquidated damages — These are amounts a party agrees to pay, recorded in the contract, in the event of a breach.

Breaches are not always cut and dried. Often, the dispute centers around whether a breach has in fact occurred. This requires an investigation into the facts and an accurate interpretation of the contract language. Because these matters can drag on, delaying work on the contract and threatening to exacerbate losses, we try to resolve such disputes in a cost-effective manner. This can involve negotiations, mediation or arbitration. If none of these methods are successful, we can take your case to court, where we fight aggressively to uphold your rights.                              

Contact our Greensboro business attorneys to discuss contract law representation

Sigmon Klein, PLLC in Greensboro provides a full range of business law representation including assistance with contract formation and litigation. To schedule a free consultation, call us at 336-697-6790 or contact our office online. Our office is conveniently located at 114 North Elm Street, adjacent to Center City Park.