Read the Fine Print to Avoid Business Contract Disputes
In 2014, Microsoft sued Samsung for $6.9 million over the latter’s purchase of Nokia, asking a federal court to decide that the purchase was not a breach of contract with Samsung. In turn, Samsung was withholding payments for the use of Microsoft technology. The suit was settled in 2015, although the terms of the contract were not disclosed. Businesses—even the most powerful companies—often find themselves in business contract disputes, which most often come down to a failure to properly read the fine print. An attorney experienced in business contract disputes is the best asset when it comes to resolving such issues...
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