When you enter a written contract with another party or parties in Louisiana, everyone who signs the bottom line is obligated to adhere to the terms and responsibilities contained therein. If you (or another party) winds up changing opinions regarding some aspect of the agreement, there are particular steps to take to rectify the situation. No one can commit a breach of contract and walk away as though it doesn't exist.
A flood that occurred on Christmas 2015 in another state reportedly caused a married couple to sustain substantial losses. The filed a claim with Allstate Insurance Company. The man and woman were upset to learn their claim had been denied and are now suing Allstate for breach of contract. Many Louisiana insurance clients may relate to the situation.
NASCAR fans in Louisiana and worldwide enjoy following the racing escapades of superstar driver, Danica Patrick. Some of those fans might also be following a current legal battle between one of Patrick's sponsors, Nature's Bakery, and Stewart-Haas Racing. The latter claims the former has committed a material breach of contract.
Many issues can arise during the making of a major Hollywood motion picture (or any business venture in Louisiana, for that matter) that may cause delays or impediments to completion. One recent film starring Mark Wahlberg, Catherine Zeta-Jones and Russel Crowe has been the center of a breach of contract battle between filmmakers and the film's main investor. None of the three stars were mentioned in the dispute that recently settled for millions of dollars.
Contracts are often integral to the daily function, productivity and profitability of Louisiana companies. There are many types of signed agreements, which can be customized to meet the needs and goals of a particular business situation. Valid contracts serve as necessary, worthwhile tools; however, if a breach of contract occurs, successful business practices may come to a screeching halt.
It is not uncommon for members of faculty in Louisiana schools and those across the nation to face challenges regarding their contracts. In recent times, various school districts in the nation have threatened strikes in order to protest alleged unfair treatment in negotiations. One situation in another state does not involve all faculty members but one woman who used to be a school principal, then changed job positions, and now says the district has committed a breach of contract.
Most Louisiana business owners understand that in order to succeed they must compete with others who offer similar products or services in the marketplace. However, when unfair competition causes financial loss to a company, those suffering adverse effects may wonder what they can do to rectify such situations. Several options may exist for business owners facing tortious interference.
An apparently contentious battle has arisen outside Louisiana between radio show host Glenn Beck and the former CEO of his network. The well-known conservative talk show icon has reportedly filed a breach of contract claim against the man who is no longer associated with his company. Several issues appear to be at the center of the litigation.
Entertainers and sports athletes in Louisiana and beyond are often under contract regarding performances, public appearances and/or salary, among other things. Often, a manager is negotiating on their behalves. When contract disputes arise, things can get complicated rather quickly. A recent incident involves one promotion company suing another for tortious interference in a contract signed by a former world champion fighter.
Manufacturers of experimental medicines would receive additional legal protection under a bill currently under consideration in the Louisiana House of Representatives. The bill is a modification of the “Right to Try” law passed last year, which allows patients to have access to medication which have not yet received final approval from the FDA.