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Hollywood, CA In the latest legal fiasco surrounding the famous Hollywood actor, Nicolas Cage, the star of such popular films as National Treasure and Gone in 60 Seconds, is facing a multi-million dollar contract fraud lawsuit stemming from a real estate deal gone sour.

Hartford, CN A recent class action lawsuit awarded $15 million to a group of auto body repair shops that charged the Hartford Insurance Company with unfair business practices. The lawsuit may now be heading to the Connecticut appellate court.

Washington, DC It may have happened half a world away and it may have been discovered in January, but a $1 billion dollar commercial fraud discovery involving a business with relationships in the US could serve as a warning for any business possessing a contract with any offshore enterprise that provides support.

New York City, NY: A computer manufacturing company has been ordered to pay $4 million to New York's Office of the Attorney General to settle a contract fraud case filed in 2007.

Washington, DC A commercial contract sets out definitive parameters governing the relationship and actions of two parties. An agreement. And commercial contracts are designed to be observed and followed, not cast aside. When one of the parties decides not to play by the rules, commercial contract law comes into play to fix it.

Las Vegas, NV Sometimes it's the supplier under contract to keep your office stocked with paper failing to deliver, and leaving a long lineup at the photocopier without paper. And sometimes it's the developer of a luxury condo complex with a long lineup of disgruntled investors, some of them rich and famous, without condos. The inability to live up to a commercial contract for business, regardless of size and scope, is an unfair business practice.

Chanhassen, MN Ah, boys will be boys. Even really popular boys, who are loved and revered by millions. But sorry boys, a contract is a contract—and when commercial contracts are breached for any reason, you can expect to be slammed with commercial contract law unless you can prove that the commercial contract was not worth the paper it was signed on.

Lakeland, CO A seasoned advertising professional with an eye for what works, Harlan Schillinger hit on one heck of a good idea. It was 1981 and a nasty little recession was kicking the stuffing out of the economy. Around the same time, a law firm in Arizona that wanted to promote its legal services to moderate-income consumers was hammering away at the rules that prevented attorneys from advertising. Eventually, state by state, the courts relented and agreed the restrictions on attorneys violated freedom of speech laws.

Hollywood, CA Like any grade-school promise, commercial contracts are just that—a legal pledge, or a guarantee that a promised service will be carried out. A commercial contact is a covenant, and when it is breached commercial contract law comes into play.