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Corporate & Securities Law

ContractsProf Blog

Contract law resources, information, and news for the academic community.

Post Frequency: 8.1/day

Last Entry: April 01, 2011 at 16:53:52

Chicago Cubs Engage in Elaborate April Fools' Day Hoax

Posted on April 01, 2011
Perhaps they were miffed by the fact that this blog ruined the Cubs' planned opening day surprise when it announced the flurry of deals the Cubs had made in order to obtain the kind of starting line-up that could make...

Blockbuster Trade Makes Cubs a Lock in 2011

Posted on April 01, 2011
As those driving around Chicago have probably already noticed, there are new billboards advertising some of the team's latest acquisitions, including Derek Jeter and Albert Pujols. The New York Times calls the billboards a stumble, but they misunderestimate the savvy...

Will Glenn Beck Out-Fox His Network?

Posted on March 31, 2011
Glenn Beck (in a photograph by David Shankbone at right) and Fox News are as inseparable as peanut butter and jelly. Or so we thought. But Beck?s contract expires this December, and his declining viewership and problems with advertisers have...

D.D.C. Rejects Translator's Breach of Contract Claim

Posted on March 30, 2011
Back in 2003, a government contractor, L-3 Services offered Abdul Wahab Nattah, a dual U.S. and Libyan citizen, a position as a translator in Kuwait. Mr. Nattah alleges that he was assured certain work conditions that would keep him cozy,...

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Court of Federal Claims Finds Illusory Promise Claim Illusory

Posted on March 30, 2011
Crewzers Fire Crew Transport, Inc. v. U.S. arose out of a solicitation issued by the U.S. Forest Service in connection with contemplated Blanket Purchase Agreements (BPAs) for the purchase of buses that would be used by the Service to transport...

Weekly Top Tens from the Social Science Research Network

Posted on March 29, 2011
RECENT HITS (for all papers announced in the last 60 days) TOP 10 Papers for Journal of Contracts & Commercial Law eJournal January 28, 2011 to March 29, 2011 RankDownloadsPaper Title 1 282 Policy Options for Progress Towards a European...

Not Much Fallout from Stolt-Nielsen in the Second Circuit

Posted on March 29, 2011
We referred our readers to other sources on the Supreme Court's decision in Stolt-Nielsen v. Animalfeeds Int'l Corp. last term. This time, we are going to bear our share of the burden by reporting on the limited consequences flowing from...

Nugget Trouble in Tennessee

Posted on March 28, 2011
A Tennessee family is suing McDonald?s for breach of contract, promissory estoppel, negligence, and consumer protection violations for playing keep away with a chicken nugget. The case is Howell v. McDonald's Food Corp. This bizarre case began when father and...

Pageant Update: Crown Restored; Entire State of Texas Breathes a Sigh of Relief.

Posted on March 28, 2011
Visit msnbc.com for breaking news, world news, and news about the economy We previously shared the breach of contract case between the organizers of the Miss San Antonio pageant and the pageant's winner, Domonique Ramirez. The most oft-reported aspect of...

Suffolk Breaks The Mold!

Posted on March 25, 2011
Greetings from Boston! Following brief greetings from Dean Camille Nelson, Suffolk Law Review EiC Tyler Sparrow, and conference organizer Jeff Lipshaw, Charles Fried, whose Contract as Promise inspired today's conference, offered some initial warmly-received comments about what inspired him to...

The NFL Lock-Out, Part I

Posted on March 24, 2011
The NFL?s owners entered into a collective bargaining agreement with the players after the 2008 season. The agreement expired on March 4th of this year. As ESPN.com reports, after several delays and a 16-day federal mediation, the owners locked the...

New in Print: (Mostly) International Edition

Posted on March 23, 2011
Mateja Djurovic, Serbian Contract Law: its development and the new Serbian Civil Code, 7 Eur. Rev. of Contract L. 65 (2011) Horst Eidenm�ller, Why Withdrawal Rights? 7 Eur. Rev. of Contract L. 1 (2011) Stefan Grundmann & Sebastian Uhlig, German...

Contracts Clause Case in the Fourth Circuit

Posted on March 23, 2011
Note-writers take note! This is a fascinating case and involves a Circuit split!!! In Crosby v. City of Gastonia, a Fourth Circuit panel that included retired Supreme Court Justice Sandra Day O'Connor affirmed the District Court's order, dismissing a Contracts...

A Tangled Web: Julie Taymor and the Spiderman Musical

Posted on March 22, 2011
As Broadway watchers likely already know, the Bono/The Edge-inspired Broadsay musical, Spiderman: Turn Off the Dark has already cost $65 million dollars to produce, which is more than twice the amount of any Broadway production. The show also costs $1...

Non-Competes in the NYLJ

Posted on March 22, 2011
In today's NYLJ, Stephen Kramarsky writes about "IBM's Hard Lesson in Non-Competes" (subscription required). He discusses International Business Machines Corp. v. Visentin, a recent SDNY decision that denied IBM a preliminary injunction to enforce a non-compete very similar to one...

Weekly Top Tens from the Social Science Research Network

Posted on March 22, 2011
RECENT HITS (for all papers announced in the last 60 days) TOP 10 Papers for Journal of Contracts & Commercial Law eJournal January 20, 2011 to March 21, 2011 RankDownloadsPaper Title 1 264 Policy Options for Progress Towards a European...

Neither Snow nor Rain nor Heat nor Threat of Suit in Federal Court . . .

Posted on March 21, 2011
In Anselma Crossing v. United States Postal Service, the Third Circuit Court of Appeals affirmed the District Court's ruling that a federal court is not the proper venue for a breach of contract action against the United States Postal Service...

Netflix Lands "House of Cards"

Posted on March 21, 2011
An update on last week's post on Netflix's purchase of two entire seasons of the Kevin Spacey/David Fincher joint, "House of Cards." 1. The deal that we reported as imminent has apparently been closed now, as reported in The New...

The Future of Television Is Netflix

Posted on March 18, 2011
Netflix's strategy is like that of the wise player in the board game Risk, who starts in Australia and patiently builds armies while the super powers fight amongst themselves. For those of you who think we have just exceeded the...

A Desperate Times Calls for Desperate Measures

Posted on March 18, 2011
We at the blog often link to stories that we find in The New York Times. Why? Because it's the paper of record, because it's comprehensive and reliable, and most of all, because it's free. Well, it was free. As...

Gottfried Gottfired Because Ducks Shouldn't Tweet

Posted on March 17, 2011
Gilbert Gottfried, pictured at left, is a comedian, but he is probably best known for providing the voice of that delightful duck in those Aflac commercials. Who knew insurance companies could be so charming?!? On the right, we have a...

New in Print

Posted on March 16, 2011
Stephen F. Befort, Unilateral Alteration of Public Sector Collective Bargaining Agreements and the Contract Clause, 59 Buff. L. Rev. 1 (2011) William P. Johnson, Understanding Exclusion of the CISG: A New Paradigm of Determining Party Intent,59 Buff. L...

Nice Hypo from the World of Art Law

Posted on March 15, 2011
As reported in the New York Times, one day, art collector Charles Cowles thought to himself, "Hey I could use some money." So, he decided to see Mark Tansey's 1981 painting, "The Innocent Eye Test," in which a cow gazes...

Lady Gaga and Target to Part Ways?

Posted on March 15, 2011
In what we expect will be the second (here's the first) in a steady stream of posts relating to Lady Gaga's contractual exploits (Sorry, Charlie, you will be upstaged), we are please to announce that Rolling Stone reports that Lady...

Weekly Top Tens from the Social Science Research Network

Posted on March 15, 2011
RECENT HITS (for all papers announced in the last 60 days) TOP 10 Papers for Journal of Contracts & Commercial Law eJournal January 13, 2011 to March 14, 2011 RankDownloadsPaper Title 1 504 Choice of Law in the American Courts...

Killing Two Birds With One e-Bay: Boyfriends, Buyers Beware.

Posted on March 14, 2011
Reading about yet another disciplinary use of eBay, a mad girlfriend who ebayed her cheating boyfriend?s things provides food for thought about contractual expectations in relationships. A relationship, in pseudo contractual terms, is the interaction of two persons who, because...

Move Over Tiger Mother...

Posted on March 14, 2011
Here's the story from the Daily News: A Manhattan mom is suing a $19,000-a-year preschool, claiming it jeopardized her daughter's chances of getting into an elite private school because she had to slum with younger kids. Nicole Imprescia yanked 4-year-old...

The New Hampshire Approach to Breach of Contract Suits by State Employees

Posted on March 11, 2011
All eyes have been on Wisconsin lately, as Republican Governor Scott Walker has succeeded in pushing through legislation that repeals collective bargaining rights for state employees and requires state workers to make financial contributions for their health care and retirement...

Audiofile of Interview with Son of Plaintiff in Lucy v. Zehmer

Posted on March 11, 2011
Barak Richman (pictured, left) and Dennis Schmelzer (pictured right) have a new article up on SSRN on the celebrated case of Lucy v. Zehmer, about which we have posted in the past. Here is the abstract of the article: This...

Return Fire! Charlie Sheen Sues Warner Bros.

Posted on March 11, 2011
Well, he did say he would sue - back when Charlie wanted to revive the show from hiatus. But then Warner Bros went and changed the game when, as the entire world probably knows by now, Warner Bros fired Charlie...

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