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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

Cancelled Firm Retreat Leads to Breach of Contract Suit

Posted on February 21, 2009
This story from Carolyn Elefant at Legal Blog Watch: Akin Gump Strauss Hauer & Feld wasn't able to give its partners a fancy retreat this year, so it's giving them something else instead: a lesson in first year contract law....

AALS Boycott Did Not Require Breach of Contract

Posted on February 19, 2009
You may recall last semester's quasi-controversy over whether the AALS Mother Ship should hold any of the annual meeting events at the San Diego Grand Hyatt because it was owned (ostensibly?) by Doug Manchester, who had contributed quite generously to...

The New Face of Facebook?

Posted on February 19, 2009
Exposed by Meredith Miller of the ContractsProfs Blog here, Facebook has rescinded its new standard terms of use and is temporarily reverting to its earlier terms of use. You can read more here or if you prefer, in The New...

New and Improved: Facebook Revises Standard Terms of Use

Posted on February 17, 2009
Facebook has revised its standard terms of use. Here's a nice discussion of the major changes, and a follow up discussion concerning the enforceability of the revisions. [Meredith R. Miller]

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Business Associations Limerick of the Week: Pilsbury v. Honeywell, Inc.

Posted on February 17, 2009
With last week's Limerick, we covered a case that teaches us that a shareholder has a right to inspect a corporation's books and records, including shareholder lists, in the context of a tender offer. State laws, including Section 220 of...

Love Contracts, Volume III

Posted on February 16, 2009
Every year on February 14th -ish, we like to update our readers on the latest news regarding love contracts. If you don't know what a love contract is, you are a total loser, but you can remedy that status by...

Now in Print

Posted on February 14, 2009
Michael J. Borden, Mistake and Disclosure in a Model of Two-Sided Informational Inputs, 73 Mo. L. Rev. 667 (2008). Zev J. Eigen, The Devil in the Details: The Interrelationship Among Citizenship, Rule of Law and Form-Adhesive Contracts, 41 Conn. L....

Contract News Round Up

Posted on February 13, 2009
Some President's weekend reading related to current events and contract law: On the invalidated AMEX class action waiver: Nathan Koppel, The United States of Consumer Arbitration? Not So Fast, Says 2d Cir. (1/30/09). Steven Semeraro, Commercial Law Blog, Class Action...

Unenforceable Contracts in the Context of Advanced Assisted Reproduction Technologies?

Posted on February 12, 2009
More in our continuing series of posts on the topic of contracts issues relating to advanced reproductive technologies (earlier posts can be found here and here). Today's New York Times has a report that includes more information on Nadya Suleman,...

Seattle U. Seeks Podium Visitor

Posted on February 11, 2009
Seattle University School of Law invites applications for a year-long ?podium? visit in Contracts/Commercial Law for 2009-10. Contracts is a 1L required course: 3 credits in the fall, 3 credits in the spring, with a final exam at the end...

Business Associations Limerick of the Week: Crane v. Anaconda

Posted on February 10, 2009
At left, we have an anaconda. At right, we have a crane. Alright. I can imagine an anaconda swallowing a crane. But here we have a case about a crane trying to swallow an anaconda. And that, I find, well...

50 Cent Not Gonna Give a Dime

Posted on February 10, 2009
As reported in today's New York Law Journal, a New York trial court recently granted summary judgment to rapper "50 Cent" in a breach of contract action brought by his ex-girlfriend (and mother of his child). The ex claimed that...

International Law Blogger Declares Contracts Law Boring

Posted on February 09, 2009
Over at Opinio Juris, everyone's favorite international law blog, Roger Alford (pictured) has a post about United States v. Eurodif, S.A., a recent Supreme Court decision that actually addresses some contracts issues. The question in the case is familiar to...

Now in Print: Dispatches from Abroad

Posted on February 06, 2009
In an effort to help raise awareness among this blog's readers, most of whom are (as am I and my fellow bloggers) based in the U.S., this is the second of an irregular series of posts designed to call attention...

Now in Print

Posted on February 05, 2009
Wayne Barnes, French Subjective Theory of Contract: Separating Rhetoric from Reality, 83 Tul. L. Rev. 359 (2008). Robert Boyle, The Enforceable Prepayment Penalty, 6 DePaul Bus. & Com. L.J. 585 (2008). James W. Fox, Jr., The Law of Many Faces:...

Madoff Mistake Case?

Posted on February 05, 2009
This story from the NY Times: In June 2006, Steven Simkin and Laura Blank, who were in the process of a divorce, agreed to evenly split the $5.4 million in an account they had with Madoff Securities, according to a...

Apple Sued (Again!) for Breach of Warranty over 3G Speed

Posted on February 04, 2009
Two things near and dear to my heart have converged in one place: contract law and the iphone. Apple was already facing lawsuits over 3G reception, and now PCWorld reports: Apple and AT&T Mobility are facing two new lawsuits claiming...

Snow!

Posted on February 04, 2009
I really just wanted to post to say that Valparaiso got hit with about two feet of snow, and it is awesome. Our street is outside of the city (yes, we live in the greater metropolitan Valparaiso area!) and so...

Enough Already With the Chickens: Let's Talk about "Visitors"

Posted on February 03, 2009
The cosmos aligned perfectly: on the very day I taught ambiguity, the New York Law Journal reported a New York County Supreme Court case about ambiguity. And now I can demonstrate the doctrine is not just for the birds. In...

Business Associations Limerick of the Week: Austin v. Consolidated Edison

Posted on February 03, 2009
Like Lovenheim, Austin is a case in which a corporation refused to distribute a shareholder proposal in advance of an annual shareholder meeting. Consolidated Edison's labor union proposed new rules that would provide employees with more generous pension benefits...

New Way to Occupy Your Time While Unemployed: Sue Your Former Employer

Posted on February 02, 2009
The New York Times reports a recent uptick in the number of lawsuits by laid-off workers against their former employers. The report highlights suits by former Lehman Brothers, Eos Airlines and Heller Ehrman employees, who claim they were not given...

This Just In: More on Chickens

Posted on February 02, 2009
We're on something of a chicken roll. I just learned that we, the United States" are "the Saudi Arabia of chicken." Stephen Colbert recommends that we form an O-Peck on this clip: I'm not sure how this relates to Frigaliment...

Did Somebody Mention Chicken?

Posted on January 30, 2009
Meredith Miller posted a little clip to accompany the teaching of Frigaliment, Judge Friendly's great chicken coup. I suppose we all have our favorite visual tools to aid in conveying the import of that case. For the last couple years,...

I am Chicken (Hear Me Squawk...)

Posted on January 29, 2009
I am teaching Frigaliment tomorrow. While I am not going to class in costume, I did "happen upon" this priceless clip, which I intend to share. Perfect at the end of a Friday class: Best lyric: "No, I am no...

Of Miles and Hair Styles

Posted on January 29, 2009
First it was the battling dog walkers. Now the hair stylists. Non-competes turn up in the most interesting of places. This in Michigan news via the AP: The Michigan appeals court says Annie Keegan broke a no-compete clause by cutting...

Brandeis University Art Collection on the Blocks?

Posted on January 29, 2009
Last year, we reported on legal battles swirling around Fisk University's (thus far unsuccessful) attempt to sell its collection of Georgia O'Keeffe paintings. It seems Fisk was a bit of a trend setter. As The New York Times reports, now...

Welcome, 600,000th Visitor!

Posted on January 29, 2009
Yes, it seems only yesterday that we were marking the 500,000th visitor milestone (actually it was May 14th). But today, if form holds, our blog will host its 600,000th visitor. And, as you can see, our many German readers are...

Pay for Performance: Would It Work in Professional Sports?

Posted on January 27, 2009
Harvard's Lucien Bebchuk has done great work to advocate that corporate executives' pay be linked to their actual performance. His 2004 book, co-authored with Jesse Fried, Pay Without Performance has had a huge impact in the academy, in the halls...

Business Associations Limerick of the Week: Lovenheim v. Iroquois Brands

Posted on January 26, 2009
This case always generates a lively discussion. It addresses the limitations on a corporation's obligations to distribute proposals of ordinary shareholders along with proxy materials in advance of a shareholder meeting. In this case, Lovenheim, the shareholder, proposed that the...

PETA and Michael Vick Won't Be Working Together After All

Posted on January 22, 2009
I know it sounds improbable, but the Associated Press reports that the People For the Ethical Treatment of Animals (PETA) and Michael Vick, former professional football player currently serving a 23-month sentence for criminal animal cruelty in connection with his...

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