Form with which a corporation advises that it has resolved that some shareholders shall be required to give the corporation the opportunity to purchase shares before selling them to another.
Form with which a corporation advises that it has resolved that some shareholders shall be required to give the corporation the opportunity to purchase shares before selling them to another.
Court Action When a dispute arises and settlement procedures are not defined within the contract, and if informal methods of resolution are exhausted, the most commonly used forum to resolve disputes or enforce contracts is by a lawsuit administered through a state court system.
Breach of contract happens when one party to a valid contract fails to fulfill their side of the agreement. If a party doesn't do what the contract says they must do, the other party can sue.
Determining where, when, and how to file a claim for breach of contract can be challenging in civil law. Contract law is also a complicated body of laws. There are several factors to consider when deciding how and where to file a breach of contract case.
“Consideration” is something of value exchanged to make a contract legally binding. “Lack of consideration” is a valid defense to a claim for breach of contract. There must be consideration from both sides. Without mutual consideration, a contract is invalid and unenforceable.
In the area of law, for a contract to be legally enforceable, several requirements must be met, including an offer; acceptance of that offer; mutual understanding of the agreement; capacity to agree; an item or service; consideration in exchange for the item or service; and legality of the contract itself, including ...
§ 59.1-507.1. A breach occurs if a party without legal excuse fails to perform an obligation in a timely manner, repudiates a contract, or exceeds a contractual use term, or otherwise is not in compliance with an obligation placed on it by this chapter or the agreement.
Please call the Consumer Protection Hotline at (800) 552-9963 if calling from Virginia, or (804) 786-2042 if calling from the Richmond area or from outside Virginia. Our business hours are a.m. to p.m., Monday through Friday.
Filing your complaint starts your case, but the summons is the document that is issued under the court's authority that notifies your defendant they are being sued and that they need to take action.
If you have a question or need advice about a consumer issue, contact Consumer Affairs at 703-222-8435, TTY 711 to speak to a consumer specialist. Our business hours are a.m. to p.m. Monday through Friday.
Description: The Consumer Affairs Branch mediates and investigates consumer complaints against businesses, tenant-landlord disputes, and cable issues if the transaction occurred in Fairfax County.