Blog

Something to Consider Before Having a Law Firm Redraft Your Templates

I take the liberty of periodically reminding the world that in addition to my other activities, I do redrafting projects for companies. My most recent post on that subject is this one from last May. If such reminders are necessary, it’s because the idea doesn’t seem to occur to too many people at companies. I asked one of my in-house contacts about … Read More

LegalZoom and the Slippery Slope of Unauthorized-Practice-of-Law Analysis

Online legal-documentation vendor LegalZoom has been embroiled in a class action alleging that LegalZoom was engaged in the unauthorized practice of law by selling to Missouri consumers. A couple of weeks ago, LegalZoom and the plaintiffs agreed in principle to settle. (For more on the settlement, see this WSJ Law Blog post.) The settlement renders moot last month’s order of the … Read More

How Would You Have Drafted It?

Via this post on the California Corporate & Securities Law blog, which is maintained by Keith Paul Bishop of Allen Matkins, I learned of the recent Ninth Circuit opinion in WPP Luxembourg Gamma Three Sarl v. Spot Runner, Inc. (go here for a PDF copy). This dispute involved a second amended and restated right of first refusal and co–sale agreement—what … Read More

Syntactic Ambiguity in NYC's Firefighter Eligibility Requirements?

Syntactic ambiguity is ambiguity that arises due to uncertainty regarding which part of a phrase a given word modifies, or which part of a sentence a given phrase modifies. Syntactic ambiguity can arise in any kind of writing, and examples occurring outside of contracts can be instructive for contract drafters. Reader Sean Gajewski, a third-year student at Hofstra University School … Read More

Avoiding Track-Changes and Metadata Embarrassment

Today’s post at Attorney at Work is “Give Final Documents a Good Scrubbing,” by Deborah Savadra. It’s a useful reminder of the simple steps you can take to avoid creating problems for yourself by unwittingly sending the other side a draft that discloses information you’d rather not have disclosed. Information doesn’t have to constitute a state secret in order for … Read More

Some Thoughts on “Best” Lists

The ABA Journal is looking for suggestions as to which blogs to include in the 2011 “Blawg 100″—its list of “the 100 best legal blogs.” That prompted me to ponder what I think of “best” lists of this sort. The Blawg 100 has prompted a measure of skepticism and harrumphing in the blogosphere. Of course, I might be decidedly biased, … Read More

Paper on Dispute-Management Provisions in M&A Contracts

Through M&A Law Prof, I learned of a paper by John Coates, a professor at Harvard Law School, entitled Managing Disputes Through Contract: Evidence from M&A. It considers dispute-management provisions in a sample of 120 randomly chosen M&A contracts from 2007 and 2008. Here’s the abstract: An important set of contract terms manages potential disputes. In a detailed, hand-coded sample … Read More

Shortcomings in the Drafting of the Google–Motorola Merger Agreement

As you probably know, Google and Motorola Mobility recently entered into a merger agreement providing for Google’s acquisition of Motorola. (Go here for a copy.) If you’re interested in the deal terms, there are plenty of other places you could look. Me, I’m interested in the drafting—more specifically, the language and structure of the merger agreement. So I’ve prepared an outline … Read More

“By Wire Transfer of Immediately Available Funds”

I’d appreciate your thoughts on the phrase “by wire transfer of immediately available funds”. Are wire-transfer funds always immediately available? If not, why not? Is it a function of the person paying or the person receiving? What, if anything, does the Uniform Commercial Code have to say? How do things work outside the U.S.? Would some other formulation be clearer?