Agriculture

Read Commercial Law & Contracts updates, alerts, news, and analysis from leading lawyers and law firms:

News & Analysis as of May 21, 2013

North American Grain: key differences between standard forms

by Rebecca Archer, Kyri Evagora, Diane Galloway, Lisa Mason, Vassia Payiataki | Reed Smith on 4/16/2013

The North American grain market has experienced considerable difficulties in recent years. Severe droughts caused by record heats in 2011-2012 resulted in low yields and a deterioration in the quality of key crops such as...more

CBP Inspects Almost a Billion Ways to Say “I Love You”

by Fuerst Ittleman David & Joseph, PL on 2/14/2013

As the last of forgetful but doting husbands, boyfriends, and lovers runs out to buy their special someone flowers on this Valentine’s Day, the inspectors at U.S. Customs and Border Protection (CBP) are breathing a sigh of...more

OFAC Publishes New Iranian Transactions and Sanctions Regulations

by McDermott Will & Emery on 10/24/2012

Recently the U.S. Treasury Department Office of Foreign Assets Control (OFAC) issued new Iranian Transactions and Sanctions Regulations. Notably, the regulations formally address financing provisions for authorized sales to...more

Consequences of Late Payment in Commercial Transactions under the Turkish Commercial Code

by Burak Kepkep on 10/8/2012

This article aims to summarize Article 1530 of the Turkish Commercial Code implementing Directive 2011/7/EC into Turkish commercial law and providing consequences of late payment in commercial transactions....more

Avoiding the pitfalls in an under-supplied and rising market

by Reed Smith on 9/6/2012

The commodities world is experiencing its third price spike in five years. Countries all over the globe – from India, Australia and China to the United States and parts of Europe - have suffered poor rainfall and the...more