Year: 2022

When it comes to legal contracts, one of the most important aspects to consider is the capacity of the parties involved. Capacity refers to a person`s ability to enter into a legally binding agreement, and it can have significant implications for the validity and enforceability of a contract. In…

When starting a business as a sole proprietor in Washington state, it may be beneficial to form a single member LLC (Limited Liability Company). This type of legal entity offers several advantages, such as personal asset protection and flexibility in managing the business. However, it is important to have…

When it comes to buying or selling a property, an unconditional exchange of contracts is a significant milestone in the process. But what does it really mean, and why is it so important? Firstly, let`s define what we mean by an unconditional exchange of contracts. Simply put, it`s the…

Shipbuilding Capability Preservation Agreement: An Overview The global shipbuilding industry has faced significant challenges in recent years, including economic downturns and increasing competition from low-cost shipbuilders in Asia. The shipbuilding industry is crucial to many economies, creating jobs and driving economic growth. To address these challenges, shipbuilding nations have…

Fixed Term Employment Contract: Everything You Need to Know in Hong Kong Fixed term employment contracts have become increasingly common in Hong Kong over the last decade. They offer employers flexibility in terms of staffing, while providing employees with job security for a fixed period of time. If you…

The New York City Council Contracts Committee: What You Need to Know The Contracts Committee of the New York City Council is a crucial government body responsible for overseeing the procurement and contracting process for the city. This committee has the power to review, approve, and veto contracts that…

When you`re buying a newly constructed home, you`ll want to ensure you have a solid purchase and sale agreement in place. This document outlines the terms and conditions of your agreement with the builder, and protects both parties throughout the home-buying process. In this article, we`ll explore what a…

Termination for Cause in Employment Agreement: What You Need to Know When you sign an employment agreement with a company, it`s important to understand the termination process in case things don`t work out. One type of termination is for cause, which involves the employer letting you go due to…

The city of Edmonton transit collective agreement is an essential document that outlines the terms and conditions of employment for transit workers in Edmonton. The agreement is negotiated between the city of Edmonton and the Amalgamated Transit Union Local 569. The collective agreement is essential for promoting a healthy…

If you’ve been following the news lately, you may have heard about a deferred prosecution agreement (DPA) entered into by the US Department of Justice (DOJ) and the well-known global consulting firm, McKinsey & Company. Under the agreement, McKinsey agreed to pay a $31.5 million fine for its role…