Article 2 of the UCC applies to all commercial contracts for the sale of goods in 49 of the 50 states.[1] Under the UCC “a contract for the sale of goods for the price of $500[[2]] or more is not ...

A federal appeals court ruled the contract with Danos was not covered by maritime law. Instead, Louisiana law applies, which blocks the indemnification clause Genesis wanted. The case involves a Danos ...

Contract law, a cornerstone of common law systems, governs the creation and enforcement of legally binding promises between parties. Its framework is built on fundamental principles such as freedom of ...

Learn about contracts from Harvard Law Professor Charles Fried, one of the world's leading authorities on contract law. Contracts are promises that the law will enforce. But when will the law refuse ...

Beyond these examples, other startups and established tech companies are also developing AI “agents” in this country and overseas (including the invite-only release of Manus AI by Butterfly Effect, an ...

Supply chain professionals must understand the domestic and international laws and legal processes that bound their strategic decisions and business planning. This concentration is aimed towards both ...

Damages are an essential part of any breach of contract claim. Understanding the monetary value of the client’s claim is just as important as understanding the elements or likelihood of success of ...

Adam Browser discusses an overlooked section of the Prompt Payment Act which provides an alternative to invalid 'pay-when-paid' clauses. In the construction industry, it is common for a general ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...