Month: January 2016

“May” and “Might” and Degrees of Possibility

Regular readers of this blog will know that I’m, um, fallible. A recent post offered a brilliant example of that. In this comment, reader John Dorsey mentioned that might conveys a lesser degree of possibility than does may. I expressed doubt about that. John responded by pointing to one of my blog posts. It quotes The Cambridge Grammar of the English Language offering exactly that … Read More

Vancouver “Drafting Clearer Contracts” Seminars (Including Advanced), 26 and 27 April

On 26 April I’ll be giving a “Drafting Clearer Contracts” seminar in Vancouver for Osgoode Professional Development. Go here for more information. And on 27 April I’ll be giving my “advanced” seminar entitled “An Intensive Program in the Categories of Contract Language.” Go here for more information. I’ve done this seminar twice in Toronto, and I’ll be doing it in … Read More

“Representations,” “Warranties,” and the Delaware Superior Court

Last week Glenn West—this Glenn West—told me about Pivotal Payments Direct Corp. v. Planet Payment, Inc., No. CVN15C02059 EMD CCLD, 2015 WL 9595285 (Del. Super. Dec. 29, 2015) (PDF here). It involves representations. And warranties. He expected that I would freak. I can see him cackling and rubbing his hands together. Anyone who has read this blog for a while knows that those terms can get … Read More

Buying Assets? Want Claims Too? Make It Explicit

I noted with interest this post on ContractsProf Blog by @StaceyLantagne. It’s about one of the lawsuits prompted by the ruling that Apple had engaged in anticompetitive price-fixing in ebooks. The opinion is DNAML Pty, Ltd. v. Apple Inc., No. 13CV6516 (DLC), 2015 WL 9077075 (S.D.N.Y. Dec. 16, 2015) (PDF here). In it, the court held that the plaintiff lacked the standing to … Read More

“Reasonable” and Hypallage

Linguistics nerdiness follows. Don’t say I didn’t warn you. Consider the following, at MSCD 13.551–.52: Black’s Law Dictionary defines reasonable as follows: “Fair, proper, or moderate under the circumstances.” So determining whether someone has acted reasonably requires an objective inquiry—you consider the circumstances, not the actor’s intent. That’s the meaning of reasonable as it’s used in, for example, a reasonable fee and in … Read More

Coming Soon: New Series of “Drafting Clearer Contracts” Webcasts!

I did my first series of “Drafting Clearer Contracts” webcasts way back in 2009. At long last, with the help of my partner in Canada, Osgoode Professional Development, I’ve created a new series. It consists of five segments, each a little over an hour long (well, the fifth segment is around 1.5 hours). Each segment will be launched with a “live” … Read More

Be Clear About Whether Indemnification Covers Only Nonparty Claims

You like fights over indemnification language? OK, here’s a reliable source of disputes: whether an indemnification provision covers just nonparty claims or whether it also covers claims between the parties. I wrote about that in this 2011 post, but given the perils of copying and pasting dysfunctional contract language, you can expect that sort of dispute to crop up in … Read More

The Pros and Cons of No-Dispute Provisions

In this comment to a recent post, longtime reader Chris Lemens mentions what he refers to as “no-contest” provisions. That sent me scurrying to the Bantar Gebang trash dump EDGAR, where I found the following examples (emphasis added): Each party hereto agrees and covenants that it will not contest the validity or enforceability of any exculpatory provision of this agreement … Read More

“There Can Be No Assurance That”

The phrase there can be no assurance that is mealy-mouthed securities verbiage that has made its way into contracts. Some examples (with emphasis added): There can be no assurance that Holders generally, or any Holder in particular, will be given the opportunity to receive elective distributions on the same terms and conditions as the holders of Shares. There can be … Read More