Home » Archive

Articles tagged with: breach of contract

Business, Features and such, Legal, News, Real Estate »

[9 Oct 2014 | 3 Comments | 11,081 views]
State Supreme Court upholds $150k judgment against Arkansas Realtors Association

On September 25, the Arkansas Supreme Court upheld a May 2012 judgment from the Washington County Circuit court ordering the Arkansas Realtors Association (ARA) to pay $150,000 for breaching a contract with Real Forms Arkansas.
The contract at issue was entered into in 2010 by Springdale-based Real Forms and the ARA. Real Forms was under a five-year contract to provide real estate contracts software to the ARA which would be sold to Realtors throughout the Natural State. The contract would have generated at least $600,000 in revenue for Real Forms.
The contract …

Business, Features and such, Legal, News, Real Estate »

[12 May 2011 | 7 Comments | 6,235 views]
Arkansas Realtors Association sued for over $375,000

Real Forms, a software company based in Springdale, filed suit against the Arkansas Realtors Association (ARA) in Washington County Circuit Court in Fayetteville on Wednesday.
According to the complaint, Real Forms entered into a contract with the ARA in August to provide real estate contracts to Realtors throughout the state. The Springdale company alleges the ARA breached its five year contract with Real Forms — valued at a minimum of $600,000 — in violation of a clause that allowed programmers a certain amount of time to fix any problems that cropped …