Month: September 2013

Are We Bored with “Force Majeure” Yet?

In this post last month, I offered my revised “force majeure” language, then revised it further as it was brutalized by readers. *sobs* In case force majeure hasn’t outstayed its welcome among you all, I’d like to run an idea by you. The language in the previous post begins as follows: If a Force Majeure Event prevents a party from … Read More

“Lock-Up Creep” as an Example of Needless Complexity in M&A Drafting

I noted with interest the article Lock-Up Creep. It’s by Steven M. Davidoff, the least of whose accomplishments is the fact that he’s my webcast co-presenter, and Christina M. Sautter, of LSU Law Center. The article is in the most recent issue of the Journal of Corporation Law, but currently the best online source for it is SSRN (here). What are lock-ups? … Read More

“Closing” and “The Closing”

[Updated September 26, 2013] Last week was a quiet one, at least in terms of my online activities, as I spent most of it in Florida, where I gave two “Drafting Clearer Contracts” seminars for a company. There was a give-and-take during the seminars. I particularly like it when someone at a seminar spots a nuance that I’ve had at … Read More

Some Thoughts on the iPhone App “Shake”

Last week the law-and-technology claque on Twitter was abuzz with news of Shake, an iPhone app that allows you to “Create, sign and send legally binding agreements in seconds.” Here’s Shake’s statement of purpose: Think back to the last time you signed a legal agreement. Did it stress you out? Did it make you feel uncomfortable? Did it cost you … Read More

A Suggestion to Those Organizing the Upcoming Legal Design Jam

Thanks to @carolynelefant and this post on Open Law Lab, I learned of the “Law Design Jam” being held on October 11, 2013, at Stanford University. Go here for the invitation. The tagline for the event is “Legal contracts, licenses and policies are now long, dull, difficult and boring documents. Come change that!” Here’s how the event is described: A Legal Design Jam is a design-driven hackathon to … Read More

Use of the Words “Husband,” “Wife,” and “Spouse” in Contracts

With the U.S. Supreme Court’s recent holding on the Defense of Marriage Act, my thoughts turned to use in contracts of the words husband, wife, and spouse. But I wasn’t about to tackle that on my lonesome, no siree. Instead, I asked Dan Schwatz—he of the Connecticut Employment Law Blog—for his thoughts. My opening question for Dan was whether use … Read More

The Semantics Fallacy Underlying “Represents and Warrants”

[Update: For my definitive take on this subject, see my article Eliminating the Phrase Represents and Warrants from Contracts, 16 Tennessee Journal of Business Law 203 (2015).] Yes, I know that I’m getting tiresome, they way I harp on about represents and warrants, like a dog worrying a bone. But I have a new element to add to my analysis. At … Read More

In Business, Why Should Contracts Be the Laggard?

Today’s New York Times contains a column by Thomas Friedman (here) about innovation at a General Electric research lab. Here’s what Friedman says about such research centers generally: These centers are places where scientists and engineers from dozens of nationalities are using collaboration and crowd-sourcing to push out the boundaries of medical, manufacturing and material sciences, where possibilities seem infinite, … Read More

German Speakers and Use of “Guarantee” in Contracts

Given my recent post on German speakers and will (here), I was intrigued to have a participant at yesterday’s “Drafting Clearer Contracts” seminar in Boston ask me why Germans are so eager to use the verb guarantee in contracts. I’m not sure what use of guarantee that participant was referring to. Guarantees plus noun or guarantees that plus verb? (For … Read More