A Good Idea for Renewing Long-Term Contracts
Leland Faux
March 14, 2016
When you are renewing a long-term contract, for example a commercial lease, it may be helpful to compare the current contract with the new one
Contract Terms 2: The Recitals
Leland Faux
September 1, 2014
Most contracts (if not virtually all) contain recitals. They will sometimes be called “recitals” or “background” or, if the attorney is old-school, use the phrase
Contract Terms 1: The Parties
Leland Faux
September 1, 2014
The Right Entity One of the basic elements of a contract is to know who you’re dealing with. (No, Who’s on first). If you are
Your Contract Has Problems. They All Do.
Leland Faux
September 1, 2014
A contract is not going to prevent all disputes. It will definitely prevent some, but certainly not all. I would guess that about 90% of
The Anatomy of a Contract
Leland Faux
July 25, 2014
A contract typically consists of the fairly standard parts. Each part may be different depending on what the contract is for, and they may be