Question
Imagine James merged with Mike's company and they had signed a formal agreement merging the two companies and this arrangement worked well for a few
Imagine James merged with Mike's company and they had signed a formal agreement merging the two companies and this arrangement worked well for a few years but then James and Mike began to have serious problems inside the new company and James is threatening to sue Mike in court. Cite your sources and laws.
a. Explain to James what is means to sue for breach of contract in California state and what James must prove to win a breach of contract lawsuit.
b. Explain to James what it would mean if he wins the breach of contract case, what is the legal significance to their original contract?
c. Explain to James what it would mean if their original contract contains an Arbitration clause, how would that affect a potential lawsuit?
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