Key Regulatory Topics: Weekly Update 31 May 2019 - 6 June 2019

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Up to Speed: No variation clauses now worth the paper they're written on A&O’s new “Up to Speed” article focuses on variation clauses. Variation clauses are often referred to as no oral modification or NOM clauses and are commonly found in the “boilerplate” of commercial contracts. They

stipulate that no variation to a contract shall be binding unless it is in writing and signed by both parties and may include other specifications that variations to the contract must meet in order to be binding.

Please see full publication below for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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