Recent Answers to Contract Amendment Law Questions
Can a contract be amended without the consent of both parties?
Transactional
Contract Amendment
Arizona
I entered into a contract with a business partner to start a small consulting firm, outlining our respective roles, profit sharing, and decision-making process. However, my partner recently informed me that they intend to amend the contract to give themselves a greater share of the profits and decision-making power, without seeking my consent. I am concerned about the legality and enforceability of these proposed amendments, and I want to know if a contract can be amended without the consent of both parties, and what legal recourse I may have in this situation.
Daniel D.
In most cases, a contract cannot be unilaterally amended by one party without the consent of the other party. Contracts are agreements that require mutual consent, so any changes to the terms must also be agreed upon by all parties involved, unless the original contract explicitly provides for unilateral amendments (which is rare in standard contracts, especially those related to partnerships).
How to amend an investment contract?
Contracts
Contract Amendment
Florida
I am a small business owner who recently entered into an investment contract with a venture capital firm. We have been working together for several months, but I recently learned that certain terms of the contract are no longer beneficial to my business. I need to know how to amend the investment contract so that it is more suitable to the current needs of my business.
Diane D.
You need to draft an addendum with the changes that all parties agreed to referenced and have it signed by both parties. If you do not know how to do it, you will need an attorney to help you.
I need a lawyer to take over a case from the lawyer that filed it. She has become very ill and can't finish the case
Business
Contract Amendment
New York
Breach of Contract & Defamation case has been filed. Defendants have been served and replied with a countersuit. Current Lawyer has become very ill from Covid and can no longer see the case to the end. She will help with all proof and documentation. Case is filed in Chenango County Supreme Court in Chenango County NY. Local lawyers do not do this type of case. No court date has been set yet. Case was filed 9/30/21
Jane C.
Many lawyers on Contracts Counsel can handle this case, including my firm.
Quick, user friendly and one of the better ways I've come across to get ahold of lawyers willing to take new clients.
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