Discover what implied contract terms are, their benefits, and how they arise, helping you navigate incomplete contracts while minimizing transaction costs and disputes.

The law of individual arbitration clauses has been a recent hot topic both in the courts and among the public. That is in part because of one of last term’s blockbuster cases, Epic Systems Corp. v.

A contract is enforceable if a court is willing to obligate both parties to carry out the terms of the agreement. Courts deem contracts enforceable if the terms are willingly agreed to by the parties ...

Editor’s note: This analysis of a recent Vermont Supreme Court ruling is by Daniel Richardson, the founder of SCOV Law Blog. Long Trail Condo. Assoc. v. Engelberth Construction, Inc., 2012 VT 80.

A contract is an agreement between two parties that creates an obligation to perform (or not perform) a particular duty. A legally enforceable contract requires the following elements, all of which ...

Do you rely on third parties in your organization? Are you a third party to others? And have you signed agreements with these parties? For many, the answer to all three questions is “yes.” Do you know ...

Adam Leitman Bailey and John M. Desiderio explain how New York courts decide whether a buyer’s or seller’s failure to meet a real estate contract obligation is a “material” breach that justifies ...

Discover what a quasi contract is, how it functions, and how it differs from traditional contracts. Learn about its purpose and legal implications for dispute resolution.

In their New York Court of Appeals Roundup, Linton Mann III and William T. Russell Jr. discuss 'Deutsche Bank National Trust Company v. Morgan Stanley Mortgage Capital Holdings', in which the court ...