News and Events for Attorneys and Executives

Tag: Contracts

Contract Management: From Business Controller to Business Enabler

Contract Management: From Business Controller to Business Enabler

Podcast
Tim Cummins, President & CEO of  the International Association for Contract & Commercial Management, discusses the ongoing evolution of commercial contract management in a podcast posted by Determine Inc.

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When Smart Contracts are Outsmarted: The Parity Wallet “Freeze” and Software Liability in the Internet of Value

When Smart Contracts are Outsmarted: The Parity Wallet “Freeze” and Software Liability in the Internet of Value

Insight
The recent Parity wallet “freeze” provides an example of a coding vulnerability in a smart contract resulting in an exploit that compromises cryptocurrency worth millions, according to Proskauer Rose LLP.

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The Eighth Circuit Raises the Bar for Would-Be Indemnitees

Insight
A federal appellate court has issued an order dealing with indemnification for prior settlements, and it could have a hugely beneficial impact on potential indemnitors, including sellers of mortgage loans as well as insurers, reports Bilzin Sumberg.

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Is Your Service Contract Protecting Your Company? 9 Essential Clauses that Limit Fallout Damage

News
Having a good service contract that is tailored to the particular situation can be one of the best decisions that a company can make,” writes Gabriela Smith for Nearshore Americas.

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Appellate Court Tosses $2.9M Judgment in Breach of Contract Case

News
The Texas 4th Court of Appeals in San Antonio found that the former lawyer retained by the two energy companies filed an agreement in a breach of contract lawsuit without signing it, and failed to keep the companies apprised of court events.

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Earning Trust in Contract Negotiations

Insight
Dennis Garcia, an assistant attorney general of Microsoft Corp., offers a collection of best practices that all lawyers can embrace to help earn trust during the contract lifecycle.

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International HR – Offer Letters and Employment Contracts

Insight
When a U.S. company decides to hire an employee in another country, the question of whether to send the applicant an offer letter inevitably arises, writes Samina Weil in the Fisher Phillips Cross Border Employer Blog.

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Defend, Indemnify, Hold Harmless – What This Contract Language Means for A/E Professionals

Insight
J. Brandon Sieg of Vandeventer Black LLP addresses the question of what is meant when a contract requires an architect or engineer to “defend, indemnify, and hold harmless” the project owner for specific (or not so specific) types of claims that might arise in the future.

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Vendor Risk Management as Applied to Fintech Contracts

Vendor Risk Management as Applied to Fintech Contracts

Insight
Regulatory compliance is an area of fundamental concern – not only for strategic investors – but also for financial institutions contracting for services from financial technology providers, warns Adam Chernichaw of White & Case.

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Choice of Venue Provision Upheld in Employment Contract

Choice of Venue Provision Upheld in Employment Contract

Insight
Forum selection clauses that are not adhesive will be interpreted independently of the court’s determination of the enforceability and validity of the contract as a whole, according to a post in Baker Sterchi Cowden & Rice’s Employment Law Blog.

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The Importance of Attention to Risk Allocation Provisions in Contracts

Insight
A recent Indiana Court of Appeals decision illustrates the importance of having an overall risk allocation strategy in contracts where appropriate, and paying close attention to the language used to express that strategy, writes Christian Jones of Barnes & Thornburg.

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Download: The State of E-Signature Implementation

Download: The State of E-Signature Implementation

Insight
The Forrester Report examines 25 e-signature implementations across the United States and Europe with use cases for receivables, payables, various contracts, onboarding agreements, and travel bookings

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Software License Checklist for Licensees: 20 Issues to Consider

Insight
When entering into licenses for commercially available, off-the-shelf software products, it is common to use the “vendor’s paper” for contracting, according to a post on Morgan, Lewis & Bockius LLP’s Tech & Sourcing blog.

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Third-Party Risk Management: Aligning Supplier Onboarding to Contract Onboarding

On-Demand
An on-demand webinar on Determine Inc.’s website discusses best practices for initiating third-party risk efforts by improving the integration of supplier onboarding and contract management.

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Keep SaaS And Cloud Contracts Light On Specifics, But Heavy On Revenue Opportunities

Keep SaaS And Cloud Contracts Light On Specifics, But Heavy On Revenue Opportunities

Insight
Solution providers shouldn’t let long, tedious contracts get in the way of closing deals, advised lawyer Mark D. Grossman when he spoke at the Ingram Micro One conference, according to CRN.

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Drafting Matters: Do Your Non-Competes Bind the Correct Parties?

Insight
Franchisors should ensure that their franchisees’ owners and key employees, especially those with access to confidential materials and training, sign non-competes in their individual capacities, advises Fox Rothschild.

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Assignment and Delegation in Contracts: Not Just Boilerplate

Insight
Peter M. Watt-Morse and Christopher C. Archer provide an overview of some of the key issues that should be considered when drafting an assignment provision for commercial and technology agreements.

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Is Non-Compete in Purchase/Sale of Family-Owned Business Enforceable?

Insight
Michael P. Connolly discusses the case of E.T. Products, LLC v. D.E. Miller Holdings, Inc., in which the United States Court of Appeals for the Seventh Circuit recently addressed the enforceability of non-compete agreements that had been negotiated in connection with a sale of a business.

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Governing Law and Jurisdiction or Forum Clauses Same Country/Different Country? How to Decide

Governing Law and Jurisdiction or Forum Clauses Same Country/Different Country? How to Decide

Insight
Contract drafters sometimes confuse governing law clauses and jurisdiction clauses, according to a post on the website of Wilk Auslander.

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How Forced Arbitration and Non-Disclosure Agreements Can Perpetuate Hostile Work Environments

Insight
It is possible for state lawmakers to crack down on corporate abuse of arbitration and non-disclosure agreements, but the prospects do not seem good, writes Michelle Chen for The Nation.

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