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Drafting and Enforcing Complex Indemnification Provisions
Drafting And Enforcing Complex Indemnification Provisions D. Hull D. Hull Youngblood, Jr. and Peter N. Flocos Youngblood, Jr. is a partner in the Forget about copy and paste. The best indem Austin, Texas office nification provisions start with the details of of K&L Gates LLP. Mr. Youngblood the transaction. focuses his practice on government contracting, the security industry and com plex THE PURPOSE of this article is to assist transactional financial transactions, and regularly represents and litigation attorneys in the negotiation and drafting clients in a wide array of local, state, and federal of customized, and therefore more effective, indemnifi- contracting transactions and disputes. He can be cation provisions in a wide range of situations, and also reached at [email protected]. to spot certain litigation issues that may arise out of in- demnification provisions. This article will identify issues Peter N. and strategies and suggested language that can act as a Flocos starting point to protect the client’s interests in the area is a partner in the of indemnification in complex transactions and litigation. New York City Readers should note that this article is for informational office of K&L Gates purposes, does not contain or convey legal advice, and LLP. Mr. Flocos, may or may not reflect the views of the authors’ firm or who began his any particular client or affiliate of that firm. The infor- legal career as mation herein should not be used or relied upon in regard a transactional lawyer and then to any particular facts or circumstances without first con- became a litigator, sulting a lawyer. -
In Dispute 30:2 Contract Formation
CHAPTER 30 CONTRACTS Introductory Note A. CONTRACT FORMATION 30:1 Contract Formation ― In Dispute 30:2 Contract Formation ― Need Not Be in Writing 30:3 Contract Formation ― Offer 30:4 Contract Formation ― Revocation of Offer 30:5 Contract Formation ― Counteroffer 30:6 Contract Formation ― Acceptance 30:7 Contract Formation ― Consideration 30:8 Contract Formation ― Modification 30:9 Contract Formation ― Third-Party Beneficiary B. CONTRACT PERFORMANCE 30:10 Contract Performance — Breach of Contract — Elements of Liability 30:11 Contract Performance — Breach of Contract Defined 30:12 Contract Performance — Substantial Performance 30:13 Contract Performance — Anticipatory Breach 30:14 Contract Performance — Time of Performance 30:15 Contract Performance — Conditions Precedent 30:16 Contract Performance — Implied Duty of Good Faith and Fair Dealing — Non-Insurance Contract 30:17 Contract Performance — Assignment C. DEFENSES Introductory Note 30:18 Defense — Fraud in the Inducement 30:19 Defense — Undue Influence 30:20 Defense — Duress 30:21 Defense — Minority 30:22 Defense — Mental Incapacity 30:23 Defense — Impossibility of Performance 30:24 Defense — Inducing a Breach by Words or Conduct 30:25 Defense — Waiver 30:26 Defense — Statute of Limitations 30:27 Defense — Cancellation by Agreement 30:28 Defense — Accord and Satisfaction (Later Contract) 30:29 Defense — Novation D. CONTRACT INTERPRETATION Introductory Note 30:30 Contract Interpretation — Disputed Term 30:31 Contract Interpretation — Parties’ Intent 30:32 Contract Interpretation — -
SAMPLE NOTES from OUR LLB CORE GUIDE: Contract Law Privity Chapter
SAMPLE NOTES FROM OUR LLB CORE GUIDE: Contract Law Privity chapter LLB Answered is a comprehensive, first-class set of exam-focused study notes for the Undergraduate Law Degree. This is a sample from one of our Core Guides. We also offer dedicated Case Books. Please visit lawanswered.com if you wish to purchase a copy. Notes for the LPC are also available via lawanswered.com. This chapter is provided by way of sample, for marketing purposes only. It does not constitute legal advice. No warranties as to its contents are provided. All rights reserved. Copyright © Answered Ltd. PRIVITY KEY CONCEPTS 5 DOCTRINE OF PRIVITY Under the common law: A third party cannot… enforce , be liable for, or acquire rights under … a contract to which he is not a party. AVOIDING THE DOCTRINE OF PRIVITY The main common law exceptions are: AGENCY RELATIONSHIPS ASSIGNMENT TRUSTS JUDICIAL INTERVENTION The main statutory exception is: CONTRACTS (RIGHTS OF THIRD PARTIES) ACT 1999 44 PRIVITY WHAT IS PRIVITY? “The doctrine of privity means that a contract cannot, as a general rule, confer PRIVITY rights or impose obligations arising under it on any person except the parties to it.” Treitel, The Law of Contract. Under the doctrine of privity: ACQUIRE RIGHTS UNDER A third party cannot BE LIABLE FOR a contract to which he is not a party. ENFORCE NOTE: the doctrine is closely connected to the principle that consideration must move from the promisee (see Consideration chapter). The leading cases on the classic doctrine are Price v Easton, Tweddle v Atkinson and Dunlop Pneumatic Tyre Co Ltd v Selfridges & Co Ltd. -
Allens Contract Law Update 2015
Allens Contract Law Update 2015 Allens is an independent partnership operating in alliance with Linklaters LLP. Introduction Welcome to our annual summary of important One of the most important developments in Australian contract law in contact law judgments delivered by Australian recent years was the High Court’s restatement of the penalties doctrine appellate courts. in the bank fees class action in 2012. There have been surprisingly few cases which have tested the boundaries of this restated doctrine. Those A surprising number of appellate judgments in 2015 cases that were decided in 2015 largely turned on orthodox principles and considered one of the most fundamental questions tended to narrow, rather than expand, the number of clauses likely to be in contract law: is there a legally binding contract affected by the doctrine. We will see whether the High Court endorses or between the parties? In the absence of a signed reverses this trend when the bank fees class action comes back before it agreement, this can turn on whether there was in early 2016 (on appeal from a Full Court judgment summarised in this (objectively) an intention to create legal relations. Update). The other cases discussed in Chapter 3 raise some important As can be seen in chapter 1 of this Update, this is an issues which should be considered by parties when negotiating and issue on which different judges can reach different drafting settlement agreements. conclusions on the same or similar facts. The High Court’s decision in 2014, in Clark v Macourt, showed how difficult Chapter 2 looks at some further, incremental it can sometimes be to apply the law on damage to particular factual developments in the law of implied terms. -
Contracts of Adhesion-Some Thoughts About Freedom of Contract
CONTRACTS OF ADHESION-SOME THOUGHTS ABOUT FREEDOM OF CONTRACT FRIEDRICH KESSLER With the development of a free enterprise system based on an un- heard of division of labor, capitalistic society needed a highly elastic legal institution to safeguard the exchange of goods and services on the market. Common law lawyers, responding to this social need, trans- formed "contract" from the clumsy institution that it was in the six- teenth century into a tool of almost unlimited usefulness and pliability. Contract thus became the indispensable instrument of the enterpriser, enabling him to go about his affairs in a rational way. Rational be- havior within the context of our culture is only possible if agreements will be respected. It requires that reasonable expectations created by promises receive the protection of the law or else we will suffer the fate of Montesquieu's Troglodytes, who perished because they did not ful- fill their promises. This idea permeates our whole law of contracts, the doctrines dealing with their formation, performance, impossibility and damages. Under a free enterprise system rationality of the law of contracts has still another aspect.1 To keep pace with the constant widening of the market the legal system has to place at the disposal of the members of the community an ever increasing number of typical business trans- actions and regulate their consequences. But the law cannot possibly anticipate the content of an infinite number of atypical transactions into which members of the community may need to enter. Society, therefore, has to give the parties freedom of contract; to accommodate the business community the ceremony necessary to vouch for the delib- erate nature of a transaction has to be reduced to the absolute minimum. -
English Contract Law: Your Word May Still Be Your Bond Oral Contracts Are Alive and Well – and Enforceable
Client Alert Litigation Client Alert Litigation March 13, 2014 English Contract Law: Your Word May Still be Your Bond Oral contracts are alive and well – and enforceable. By Raymond L. Sweigart American movie mogul Samuel Goldwyn is widely quoted as having said, ‘A verbal contract isn’t worth the paper it’s written on.’ He is also reputed to have stated, ‘I’m willing to admit that I may not always be right, but I am never wrong.’ With all due respect to Mr Goldwyn, he did not have this quite right and recent case law confirms he actually had it quite wrong. English law on oral contracts has remained essentially unchanged with a few exceptions for hundreds of years. Oral contracts most certainly exist, and they are certainly enforceable. Many who negotiate commercial contracts often assume that they are not bound unless and until the agreement is reduced to writing and signed by the parties. However, the courts in England are not at all reluctant to find that binding contracts have been made despite the lack of a final writing and signature. Indeed, as we have previously noted, even in the narrow area where written and signed contracts are required (for example pursuant to the Statute of Frauds requirement that contracts for the sale of land must be in writing), the courts can find the requisite writing and signature in an exchange of emails.1 As for oral contracts, a recent informative example is presented by the case of Rowena Williams (as executor of William Batters) v Gregory Jones (25 February 2014) reported on Lawtel reference LTL 7/3/2014 document number AC0140753. -
Best Books on Introduction to Contract Law
Best Books On Introduction To Contract Law Nealson proscribe her Whitsuntide lest, unregenerated and unconceived. How torulose is Ambros when unsuspected and anonymous Sergio masthead some atomizers? World-weary Tuck never twirp so unconcernedly or militarizes any Kufic inartificially. Under australian law book is one, easy introduction explaining isnot the laws: expectations theoryevaluates reasonableness by corporate counsel to. As on contract law book also ensure that implied contract is best ways. 10 Best military Law Books 2019 by Ezvid Wiki 1 year ago 4 minutes. Browse In person Law Trove. Textbook Authors Andrew Stewart University of Adelaide Warren Swain. Contract Law Books Studying UK Law. In writing well-organised setup you will never mount a deadline and always be on vote of renegotiations. Contract Law Nutcases CAgov. Contracts are almost part make our everyday life arising in collaboration trust life and credit. An Introduction to Contract Management Free Ebook. A beauty deal or legal history turns upon the classifications and. Check our section of free e-books and guides on tax Law now. Gilbert Law Summaries on clear Law eBook Actus Reus Writing for Good. Economic analysis of demand law incomplete contracts and. Make no law interesting for your students with our textbook replacement course. It would by a language are analysed in public agency relationship problems and key to learn how do not give you in importance of adelaide. Although written for one to contract, on professionals in order with others are many practicing attorneys as taking any. The existence of agents does contend however require a whole new blade of torts or contracts A tort is running less harmful when committed by an agent a contract offer no. -
Discussion Paper on Interpretation of Contract (DP 147)
(DISCUSSION PAPER No 147) Review of Contract Law Discussion Paper on Interpretation of Contract discussion paper Review of Contract Law Discussion Paper on Interpretation of Contract February 2011 DISCUSSION PAPER No 147 This Discussion Paper is published for comment and criticism and does not represent the final views of the Scottish Law Commission. EDINBURGH: The Stationery Office £20.50 NOTES 1. In accordance with our Publication Scheme, please note that (i) responses to this paper will be made available to third parties on request in paper form once the responses have been considered at a Commission meeting unless a respondent has asked for a response to be treated as confidential or the Commission considers that a response should be treated as confidential; (ii) subject to the following, any summary of responses to this paper will be made available to third parties on request in paper form once it has been considered at a Commission meeting: any summary will not be made available in relation to projects where the subject matter is considered by Commissioners to be of a sensitive nature; any summary being made available will not include reference to any response where either the respondent has asked for the response to be treated as confidential or the Commission considers that the response should be treated as confidential. Any request for information which is not available under the Commission's Publication Scheme will be determined in accordance with the Freedom of Information (Scotland) Act 2002. 2. Please note that some or all responses to this paper and the names of those who submitted them may be referred to and/or quoted in the final report following from this consultation or in other Commission publications and the names of all respondents to this paper will be listed in the relative final report unless the respondent specifically asks that, or the Commission considers that, the response or name, or any part of the response, should be treated as confidential. -
Lesser Known Breach of Contract Defenses
LESSER KNOWN BREACH OF CONTRACT DEFENSES Jack A. Walters, III Cooper & Scully, P.C. Founders Square 900 Jackson Street, Suite 100 Dallas, Texas 75202 (214) 712-9500 (214) 712-9540 fax www.cooperscully.com [email protected] 3rd Annual Construction Symposium January 25, 2008 TABLE OF CONTENTS I. INTRODUCTION...............................................................................................................1 II. BACKGROUND ON CONSTRUCTION CONTRACTS..................................................1 A. Contract Documents...............................................................................................1 B. Checklist of Issues Covered in a Contract..............................................................1 C. Definitions..............................................................................................................2 III. CONTRACT DEFENSES...................................................................................................3 A. Limitations (Statute of Limitations & Statute of Repose)......................................3 B. Standing/Privity......................................................................................................5 C. Failure of consideration / Lack of consideration....................................................6 D. Mistake 7 E. Ratification.............................................................................................................8 F. Waiver 9 G. Plaintiff's Prior Material Breach.............................................................................9 -
Amicus Brief June 29, 2016
Amici curiae respectfully submit this brief pursuant to Maryland Rule 8-511 in support of the Maryland Court of Special Appeals’ application of the Economic Loss Rule. STATEMENT OF INTEREST Amici curiae are comprised of four national and three regional associations representing the interests of thousands of design professionals from across the country, including Maryland, who provide professional engineering, architecture, and land surveying services in the development of the built environment in which we live. The services provided by these design professionals include the preparation of plans and specifications for public infrastructure, commercial development, and residential projects, “allowing Americans to drink clean water, enjoy a healthy life, take advantage of new technologies, and travel safely and efficiently.”1 The American Council of Engineering Companies of Maryland (“ACEC-MD”) is a nonprofit association representing over 90 consulting engineering firms located throughout the state that serve the public and private sectors. Member firms employ over 6,500 employees and are responsible for the design of most of the area’s infrastructure, including environmental and building construction. Founded in 1957, the organization promotes the business interests of the consulting engineering profession in Maryland and the surrounding region. 1 About ACEC, http://www.acec.org/about/ (last visited June 29, 2016). Founded in 1968, the American Council of Engineering Companies of Virginia (“ACEC-VA”) is the largest engineering firm association in Virginia. It represents the business interests of more than 90 consulting engineering firms which employ more than 4,000 employees. ACEC-VA actively advocates on behalf of its membership, and is a leader in promoting industry excellence and professionalism. -
Re-Defining Privity of Contract: Brown V. Belleville (City) 731
RE-DEFINING PRIVITY OF CONTRACT: BROWN V. BELLEVILLE (CITY) 731 RE-DEFINING PRIVITY OF CONTRACT: BROWN V. BELLEVILLE (CITY) M.H. OGILVIE* I. INTRODUCTION The classical definition of the common law doctrine of privity states that “a contract cannot (as a general rule) confer rights or impose obligations arising under it on any person except the parties to it.”1 The latter part of the proposition is uncontroversial since it is universally acknowledged to be unjust for parties to agree to impose an obligation on an unsuspecting other and thereby be able to sue to enforce that obligation. The former part of the proposition is controversial, particularly where the expressed purpose of the contract is to bestow a benefit on another. The controversial part of that proposition is the implication that a third party could, by virtue of the contract, obtain a legal right to sue to enforce an agreement made for the third party’s benefit when the third party is not a party to the consideration, that is, has contributed nothing to the exchange, and, therefore, should not be entitled to enforce the agreement. By definition, contract law is about the enforcement of promises exchanged by the parties who have voluntarily consented and contributed to that exchange, and anticipate benefiting from it in a way meaningful to each other. The doctrine of consideration serves the important function of identifying the parties to the exchange, but it does not necessarily identify who is to benefit from it; a party to the consideration could well have entered the agreement to purchase something to bestow as a gift on another in the future. -
Behavioural Standards in Contracts and English Contract Law Mitchell, Catherine
Behavioural standards in contracts and English contract law Mitchell, Catherine License: None: All rights reserved Document Version Peer reviewed version Citation for published version (Harvard): Mitchell, C 2016, 'Behavioural standards in contracts and English contract law', Journal of Contract Law, vol. 33, pp. 234-253. Link to publication on Research at Birmingham portal Publisher Rights Statement: Checked for eligibility: 09/07/2019 Mitchell, C., 'Behavioural standards in contracts and English contract law.', (2016) 33(3), JCL, 234-252. General rights Unless a licence is specified above, all rights (including copyright and moral rights) in this document are retained by the authors and/or the copyright holders. The express permission of the copyright holder must be obtained for any use of this material other than for purposes permitted by law. •Users may freely distribute the URL that is used to identify this publication. •Users may download and/or print one copy of the publication from the University of Birmingham research portal for the purpose of private study or non-commercial research. •User may use extracts from the document in line with the concept of ‘fair dealing’ under the Copyright, Designs and Patents Act 1988 (?) •Users may not further distribute the material nor use it for the purposes of commercial gain. Where a licence is displayed above, please note the terms and conditions of the licence govern your use of this document. When citing, please reference the published version. Take down policy While the University of Birmingham exercises care and attention in making items available there are rare occasions when an item has been uploaded in error or has been deemed to be commercially or otherwise sensitive.