Commercial
Technology Contracts and Boilerplate Language: Be Aware of the Pitfalls
Article
The most dangerous terms of a contract — the terms in the “boilerplate” — are often ignored and overlooked, writes Brad N. Mondschein in an article published on Pullman & Comley LLC’s website.
Are they Worth Price of Paper They’re Printed On? – Ubersization of Arbitration Clauses
Article
Vanessa L. Goddard, of counsel with Steptoe & Johnson, provides some tips that make arbitration agreements more likely to be upheld by courts in the employment context.
Why Smart Contracts Need Shrewder People
Article
The implementation of the contract requires no direct human involvement after the smart contract has been made a part of the distributed ledger, which makes these contracts “smart,” or autonomous.
Arbitration Under Fire: Brace for Less Contract Freedom and More Class Actions
Article
Encouraged by consumer groups and trial lawyers, federal regulators are pushing for limits on arbitration provisions in consumer contracts, writes George Calhoun in Ifrahlaw’s FTC Beat.
Donald Trump Settled a Real Estate Lawsuit, and a Criminal Case Was Closed
News
A lawsuit claimed that Trump SoHo condo-hotel tower was developed with the undisclosed involvement of convicted felons and financing from questionable sources in Russia and Kazakhstan, the report states, The New York Times reports.
Exxxotica: Dallas Officials Knew What They Were Getting When They Approved Porn Expo
News
Just days after the city of Dallas filed an R-rated defense of the City Council’s vote to ban Exxxotica from the city-owned convention center, the porn expo has fired back that Dallas officials knew exactly what they were getting when they took the porn expo’s $28,080 last year, reports The Dallas Morning News.
The Plaintiff’s Attorney’s Search for Driver Fatigue to Inflate Value of Case
Article
In any instance involving the tragic loss of life or serious injury in commercial truck collisions, extensive discovery is required and one of the critical areas focuses on proof of hours of service violations, writes Mark Perkins.
Firm Releases Global M&A Roundup With League Tables of Legal Advisors
White Paper
After a record year for M&A in 2015, 16.2% higher than 2007’s previous peak, there has been a cooling down period at the start of
2016m reports Mergermarket in its global M&A roundup.
Dykema Adds Auto Attorney William Kohler to Detroit Office
News
William J. Kohler has joined Dykema’s Corporate Finance Practice Group as senior counsel in the firm’s Detroit office.
Does Digital Technology Improve Governance?
Article
An examination of the roughly 530 e-government projects funded by the World Bank in the past twenty years reveals that almost a third are unsatisfactory and perform worse than a typical project.
Here Come the Contract Readability Police
Article
The Texas Plain Language law will mandate that auto finance contracts be written at an 11th-grade reading level by 2017, writes Nicole Munro of Hudson Cook LLP in an article published in Auto Dealer Today.
This Is What It’s Like to Try to Sue Donald Trump
News
The tycoon has launched – or lent his name to – a slew of business ventures that have yielded frustrated customers and investors who have sought legal recourse, reports Mother Jones magazine.
An Introduction to Contract Boilerplate
Article
“Boilerplate” is standardized language used in common documents to reduce the time spent in negotiation and document preparation, explains Brad Reid, Senior Scholar, Dean Institute for Corporate Governance and Integrity at Lipscomb University, in an article published on the HuffingtonPost.
Secrets of an Ex–Lehman Exec: Erin Callan Opens Up About Flying High and Falling Hard
News
Erin Callan, Lehman Brothers’ former top woman executive, writes in a memoir about flying high and falling hard and how she “imbibed the Lehman Brothers Kool-Aid,” Vanity Fair reports.
Alleviate the Fear of a License Counterparty Filing for Bankruptcy
Article
A legitimate fear among companies negotiating license agreements exists, and that is the fear of the license counterparty filing for bankruptcy, reports Christopher A. Ward and Cortney E. Mendenhall of Polsinelli PC.
When I Buy a Business, Should I Have a Non-Compete Agreement?
Article
Buying or selling a business is a detail-intensive ordeal, and one of the most crucial parts of the final sales agreement is the non-compete agreement, according to an article posted by Brad Denton of Denton Peterson, PC.
All 2016 Candidates Support Legal Weed – Sort Of
News
Now that Marco Rubio is out of the race, for the first time in U.S. political history, every presidential candidate — of both parties — supports at least states’ rights to do as they please with regard to marijuana legalization, according to a report in Rolling Stone.
Executive Fired After Opposing 5,000% Drug Price Hike
News
A former vice president of the drugmaker that drew national criticism for raising the price of a parasite-fighting medication by 5,000% testified he was fired weeks after telling CEO Martin Shkreli the increase “was not justified,” reports USA Today.
Termination of Commercial Contracts
Article
An article written by Jeremy Andrews and Talia Taylor of DLA Piper highlights the key points to consider whether you are looking to terminate a contract or challenging an attempt to terminate.
Lex Disturbia: The Impact of Smart Contracts on the Law
Article
Even though they are still largely theoretical, smart contracts are being hailed as a force that will disrupt a number of industries, write Mark Hines and Niklas Holmberg of Gowling WLG in a post on Lexology.com.
