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Fraudulent misrepresentation is a serious cause of action that can arise in various business dealings and transactions, potentially leading to financial losses or legal consequences. It occurs when one party intentionally provides false information to deceive another, causing harm or misleading them into a decision they otherwise would not have made.

A business partner is an individual who shares ownership, responsibilities, and profits or losses in a firm with one or more other individuals. Partners are expected to collaborate on key decisions that impact the business as a whole, to promote transparency, and to reach mutual consent. 

A verbal agreement, also known as an oral contract, is a legally binding agreement between two or more parties that is made through spoken words rather than written documentation. Verbal agreements are common in business dealings. While they may seem informal, verbal agreements can be legally binding in Pennsylvania in certain cases. There are several factors to consider when determining their enforceability in a court of law. 

A breach of contract occurs when one party to a legally binding agreement fails to fulfill their obligations as specified in the contract. This may involve not performing a task on time, failing to complete a task entirely, or not meeting the agreed-upon terms. The other party may have the right to seek legal remedies, such as compensation for damages or contract enforcement.

Recently, our team at Very Law had the opportunity to participate in an event for the benefit of our Pittsburgh community. On Saturday, September 21, 2024, we were one of the proud sponsors of the Children’s Gala 2024: Under Construction.

We are pleased to announce that Ryan D. Very, Esq.—the Proprietor and Lead Attorney at Very Law—has been reappointed for a second term to the Pennsylvania Supreme Court Disciplinary Board Hearing Committee. Mr. Very was first appointed to the Hearing Committee for a three-year term from 2021 to 2024. With his reappointment, he will now serve on the committee for another three-year term from 2024 to 2027.