If you have a potential breach of contract claim against someone in Virginia, then please read this blog, as it explains an important concept in recovering damages for breach of contract under Virginia law. Hypothetical: Suppose that Microsoft has a contract with chipmaker NVIDIA to provide 100,000 computer chips for a price of $1 million.
How Can You Get Your EMD Back If the Other Party Has Breached the Contract In Virginia?
What are the laws that govern used residential property purchases and sales in Virginia? What happens if the seller does not disclose a serious structural defect with the property before selling it to an unsuspecting buyer? What is the extent of the investigation or due diligence that a buyer must conduct before consummating a sale?
The COVID-19 virus has devastated small businesses, which are the engine of the U.S. economy. A recent survey by Goldman Sachs titled US Small Business Owners Face Great Uncertainty; Over Half Say They Cannot Operate Beyond Three Months revealed that 51% of small-business owners said they could not sustain more than three months of the current economic downturn.