Because so much litigation has its roots in deficient drafting, I keep half an eye on new case law, and I can be counted on to leap on anything that has a bearing one of my pet subjects. But I suspect that most cases that arise out of poorly drafted contracts don’t involve hot-button drafting issues such as the meaning … Read More
Given the attention I’ve been paying lately to my public seminars, my redrafting department—me—has asked for some airtime. Whoever you are, it’s a very safe bet that the contracts you work with could do with some significant help. As one of my services, I redraft clients’ contracts. By eliminating the broad range of problems that afflict contract prose, I make … Read More
I have more information regarding the “Contract Drafting—Language and Layout” seminars that I’ll be giving this summer with West Legalworks. For one thing, here’s the brochure. And the “Public Seminars” page now contains links to the relevant pages of West Legalworks’ website.
One of the pleasures of contract drafting is that the parties are as a general matter left to their own devices. Of course you have to structure any given transaction in a way that takes into account legal, tax, regulatory, or other considerations, but as a rule how you do that is up to you. But sometimes outsiders are going … Read More
Last week a reader asked me whether I knew of any cases discussing the distinction between saying “to the Seller’s knowledge” and saying “to the best of the Seller’s knowledge.” It’s commonplace for drafters to use the phrase the best of when referring to someone’s knowledge. For example, in the past month 98 contracts filed on the SEC’s EDGAR database … Read More
Today’s issue of the New York Law Journal contains, in the “GC New York” section, my second bi-monthly “Contract Drafting” column. Entitled “Sending Contracts Offshore,” this column explores the possible benefits to U.S. companies of having their contract-related work performed outside the U.S. It also discusses factors to bear in mind when deciding whether to have such work performed by … Read More
Via the InHouse Blog I learned of a briefing paper written by Leon N. Ferera, John R. Phillips, John Runnicles, and Jeffery D. Schwartz of Jones Day entitled “Some Differences in Law and Practice Between U.K. and U.S. Stock Purchase Agreements.” It touches on various subjects of interest to me, but what caught my eye in particular was its discussion … Read More
I’ll be doing for West Legalworks a summer series of my “Contract Drafting—Language and Layout” seminar. Here are the dates: June 19, Los Angeles June 21, Dallas June 26, Chicago July 18, New York City July 25, Seattle August 2, Boston I hope to see you there. Once the brochure and the relevant page of West Legalworks’ website are ready, … Read More
When more than one party is making a set of representations, it’s commonplace for drafters to use in the representations lead-in the couplet jointly and severally, as in “The Sellers jointly and severally represent to the Buyer … .” One also sees jointly and severally and its adjectival counterpart, joint and several, used with obligations. For example, I’ve seen it … Read More
In any contract, may can be used to convey two meanings. (I’m not counting the superfluous may discussed in MSCD 3.58.) May primarily serves to convey discretion, as in The indemnified party may at its expense retain separate co-counsel. But may can also be used to convey the possibility of something coming to pass, as in Acme may be subject … Read More
