Recently Eric Goldman (otherwise know as @ericgoldman) alerted me to In re SuperMedia, Inc., an opinion by the Delaware U.S. Bankruptcy Court. (Go here for a PDF copy.) It has a lesson to offer regarding how to avoid confusion over whether contract terms apply to changed circumstances. Marketing company SuperMedia had a contract with Yellow Pages Photos, Inc., a provider of stock … Read More
There’s style, and there’s substance, no? Well, not quite. Some drafting decisions don’t affect meaning. That includes all decisions relating to the look of a document. It also includes some decisions regarding wording. Witless archaisms such as witnesseth don’t affect meaning. And consider Acme may purchase the Shares and Acme is authorized to purchase the Shares. I recommend using the version … Read More
In addition to bringing in outside lawyers to take part in my “intensive” Contract Drafting course at Notre Dame Law School (as described in this post), I wrapped up the course with a drafting project for an outside organization. More specifically, we prepared our version of a new template contract for Girl Scouts of the United States of America (GSUSA). … Read More
Here are some thoughts I put together for the recent IACCM “ask the expert” call that I did with Tim Allen, Business Integrity’s vice president–North America. I usually spend most of my time discussing what ails traditional contract drafting—dysfunctional language and the dysfunctional copy-and-paste process. But a lot of us are now all too familiar with the problems, so I’ve … Read More
The May 16 issue of the Canadian periodical The Lawyers Weekly contains my article With “Efforts” Provisions, Reasonable Is Better Than Best. Go here for a PDF. It’s addresses the Canadian caselaw, but it should be of interest to anyone who has wondered about how to handle best efforts versus reasonable efforts or any other efforts variant.
Transactions: The Tennessee Journal of Business Law has just published my book-review essay Dysfunction in Contract Drafting: The Causes and a Cure. (Go here for a PDF copy.) It’s a critique of the book The Three and a Half Minute Transaction: Boilerplate and the Limits of Contract Design, by Mitu Gulati and Robert E. Scott. I know what you’re thinking: “Law … Read More
[Revised 1:50 p.m. EDT, April 26, 2012, to reflect comments by Vance, Mike, and Guest. In the original version, I didn’t explore the procedural side. And further revised 6:00 a.m. EDT, April 30, 2012, to eliminate the words “joint” and “several” from my proposed language.] In this 2007 post on the AdamsDrafting blog I discuss the phrase joint and several. … Read More
Recently on Twitter, Lawrence Hsieh (aka@ContractAdviser) compared me to longtime sports-radio provocateur Mike Francesa. And the next day a reader emailed me to say, among other things, “I like reading your comments but you are, I have to say it, opinionated!” So am I just spouting opinion? First, let’s get our terminology straight. On the one hand, there are facts—information that … Read More
I’m in Chicago for the Inside Counsel 2012 SuperConference. I’ll be on a panel later today; go here for the agenda. But that’s not what this post is about. Instead, I wanted to mention that Business Integrity has launched ContractExpress QuickStart for NDAs. For a complete description, go here, but it’s essentially a prepackaged and hosted configuration that would allow … Read More
In an opinion issued this week (here) the U.S. Supreme Court considered the alternative possible meanings of “not an.” Here’s the relevant passage: Truth be told, the answer to the general question “What does ‘not an’ mean?” is “It depends”: The meaning of the phrase turns on its context. “Not an” sometimes means “not any,” in the way Novo claims. If … Read More
