Contract Risk Allocation

There is an extensive body of law that describes the types and amounts of damages available if either party breaches a contract.  Yet most contracts include terms that allocate more risks to one party, and less risk to the other party.  Generally,… Read More
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Categories: Business Contracts

Components of a Contract

Contracts are easier to understand if broken down into parts.  Unfortunately, those parts (and the labels to identify them) vary greatly from contract to contract.  Generally though, business contracts are organized like this: 1. The Beginning of t… Read More
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Categories: Business Contracts

Nondisclosure Agreements

The most common type of business-to-business contract is the Nondisclosure Agreement (NDA). Why are NDAs important?  NDAs permit a company to disclose valuable information to another company, while protecting the confidentiality of that information.… Read More
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Categories: Business Contracts

5 Ways to a Simpler Contract

Contracts should be drafted clearly, not with Shakespearian flourish. Words and styles should be reasonably understood by the people signing the contracts.    Contracts should be written in plain English. Instead of saying this: “Now, therefore… Read More
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Categories: Business Contracts

What are Reps and Warranties?

Representations and warranties (sometimes called “Reps and Warranties”) appear in many types of agreements.  Although similar, representations and warranties have important differences.  Representations are statements of present or past facts,… Read More
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Categories: Business Contracts

I thought you said…The Importance of Merger Clauses

Imagine this scenario: The President of Company X is negotiating with the President of Company Y to acquire certain assets for $100,000.  Negotiations have stalled but both parties want to close the transaction.  So President Y tells President X on… Read More
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Categories: Business Contracts

What is Indemnification?

Contract negotiations can be complicated, especially when they involve legal issues.  One of the most frequently negotiated contract provisions is indemnification, which is found in most business-to-business contracts. Indemnification is about risk… Read More
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Categories: Business Contracts

Meet Our Attorneys

Robert K. Peddycord's Profile Image
Carlsbad, California attorney Rob Peddycord is the founder of Peddycord Law.  He began his career as a business litigator. As a litigator, Rob saw how good (and bad) contract… Read More
Shawn M. Peddycord's Profile Image
As a San Diego native, attorney Shawn Peddycord lives and works in North County San Diego.  Graduating from California Western School of Law, Shawn was admitted to practice l… Read More

Testimonials

“The Peddycord Law firm has been serving our organization for 20+ years. … We are very grateful to continue working with them as our legal counsel.”
– Amber Farr, Executive Services Administrator, TierraNet, Inc.

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