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Contractual Consideration

The three basic components of a contract are offer, acceptance and consideration. When these things exist can change depending on the nature of the parties (e.g., UCC, merchants). While the concepts of offer and acceptance are relatively straightforward to a non-lawyer, consideration is often not. Consideration is either a promise (to do or refrain from […]

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Requests to Enforce/Compel Settlement

Most lawsuits are resolved without a trial. Cases usually either settle or result in a judgment/dismissal┬ábefore a contested trial. With cases that result in a settlement, there are often communications between attorneys leading up to the execution of a more formal settlement agreement. There are instances in which an agreement is reached and then one […]

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