Termination for Default

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Contract Drafting Tip

The next time you review a contract that refers to a “breaching party” and a “non-breaching party” in the ‘Termination for Breach’ section, keep in mind a recent California case Power Technology v. Tessera. In that case,...more

CASE NOTE UPDATE: Firodi Shipping Limited v Griffon Shipping LLC [2013] EWCA Civ 1567

On 10 December, The Court of Appeal upheld the judgment of Mr Justice Teare in Griffon Shipping LLC v Firodi Shipping Limited [2013] 1 Lloyd’s Rep 50, a matter involving a seller’s remedy in the event of non-payment of the...more

Sequestration And The Continuing Resolution’s Effect On Government Contracting

On March 26, 2013, President Obama signed the Continuing Resolution, which will fund government operations through the end of Fiscal Year 2013 or September 30. While this may assuage some of the uncertainty of...more

Sequestration Is Here – Now What Happens to Government Contractors?

On March 1, 2013, President Obama ordered the implementation of across-the-board cuts – sequestration – primarily directed to military and domestic discretionary spending because the White House and congressional leaders...more

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