News & Analysis as of

Uniform Commercial Code (UCC) Contract Drafting

Whitman Legal Solutions, LLC

How Contracts End – Planning for Contract Termination and Beyond

This article discusses termination provisions parties should consider when they enter into a contract, the contract termination process, and when parties should consider post-termination obligations....more

Quarles & Brady LLP

Supply Chain Survival Series: What Contract Terms Apply? (Article #3)

Quarles & Brady LLP on

After working through two different customer disputes in as many weeks, you finally come up for some air. While you have the opportunity, you decide it is time to review ABC Corp.’s contracting practices for buying and...more

Quarles & Brady LLP

Supply Chain Survival Series: Introduction (Article #1)

Quarles & Brady LLP on

It’s Friday at 3:00 p.m. at ABC Corp., and Mike from purchasing enters your office, slumping into his chair with a heavy sigh. Prime resin is in short supply. The next delivery will be weeks late, only half your order can be...more

Lowndes

What You Need to Know about Email and eSignatures for the Purchase or Sale of Goods

Lowndes on

The use of email has become common in the contracting process and received an additional boost from the COVID-19 pandemic, which made electronic communications the preference for most businesses. ...more

Polsinelli

COVID-19 and Its Growing Impact on Commercial Contracts: How Should Contracting Parties Respond?

Polsinelli on

COVID-19 is causing a rapidly evolving public health crisis, and businesses face uncertainty about their commercial relationships. That uncertainty is raising questions about performance under contractual agreements that were...more

Hudson Cook, LLP

Don't Assume What a Court Will Assume About Your Contract

Hudson Cook, LLP on

It's often difficult to predict how a court will interpret text, whether the text is part of a statute, a regulation, or a contract. Sure, courts have tools to aid their interpretations, but how a court will apply those tools...more

Whitman Legal Solutions, LLC

Unfinished Music and “Unfinished” Contracts

How Parties Can “Finish” an Unfinished Contract - The easiest way to “finish” an incomplete contract is when the parties agree how the contract is to be completed. There are three main ways parties might do this:...more

White and Williams LLP

Newly Passed Delaware LLC and LP Law Amendments Require Attention to Various Contractual Arrangements

Effective August 1, 2018, Delaware amended the Delaware Revised Uniform Limited Partnership Act (LP Act) and the Delaware Limited Liability Company Act (LLC Act) to, among other things: (i) add a provision permitting the...more

Holland & Knight LLP

Second Circuit Considers "No Oral Modification" Clause in Helicopter Contract - The Court Examined Exceptions to "No Oral...

Holland & Knight LLP on

The Second Circuit recently issued a summary decision concerning the scope of a "no oral modification" clause in contracts governing the sale of helicopters. The underlying dispute involved three separate helicopter purchase...more

Davis Wright Tremaine LLP

Cloud Computing: Evolving Contracting Practices

The explosion of cloud computing is creating new common standards and changing industry contracting practices for access to these services. Cloud services providers tend to provide standard contractual terms that are largely...more

McCarter & English, LLP

How doing business in China without a master written contract in Chinese is like playing roulette in Macau (but playing roulette,...

A contract is a fundamental basis of commerce. In fact, it’s really a cornerstone of modern society (for example, think of the so-called “social contract” and the “contract with America”). Without going into what every law...more

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