Contracts Archive
Leave Your Job And Keep Your Contact List? Not So Fast
0 Comments Published September 16th, 2009 in Business, Contracts, Employment, NewsA recent survey showed that 60% of workers leaving a job take information with them. According to an article on employee data theft in the Washington Post, almost 80% of terminated employees who admitted to taking employer data admitted that they knew it was against company policy, or had signed a written agreement prohibiting the [...]
Can An Employment Contract Be Rewritten?
0 Comments Published April 17th, 2009 in Business, Consumer, Contracts, EmploymentWith massive layoffs, Wall Street bonuses, and employment contracts in the news, many people are taking a close look at their own employment contracts for the first time and focusing on new concerns and questions about job security and performance: What does the contract say about your right to continuing employment? What would [...]
AIG Financial Products Corporation 2008 Employee Retention Plan – PDF
0 Comments Published March 18th, 2009 in Business, Consumer, Contracts, NewsCourtesy of Rep. Barney Frank and the New York Times’ Dealbook: a copy of the AIG Financial Products Corporation 2008 Employee Retention Plan (aka the “AIG contract”).
AIG Bonuses: Contracts, Baby, Contracts.
0 Comments Published March 18th, 2009 in Business, Consumer, Contracts, NewsI stated in the previous post that “Contracts are good.” I didn’t, however, say that contracts were sacrosanct or could never be broken (or that you can wave the word “Contract!!” like a magic wand, as if to repel the snakes from Ireland). But that is indeed the argument advanced by several media pundits [...]
Controversy Kindled By Copyright Issue Is Resolved By Contract
1 Comment Published March 7th, 2009 in Business, Contracts, Copyright, NewsHere’s a brief update to the copyright controversy created by the text-to-speech function of the Amazon Kindle 2: I was right.
Just a few days later, Amazon changed course, announcing that it will allow authors and publishers to decide on a book-by-book basis whether or not to allow text-to-speech functionality.
Apart from making nice and preserving existing [...]
Kindle Text Reading Feature Raises Copyright License Questions
3 Comments Published February 24th, 2009 in Business, Consumer, Contracts, Copyright, NewsThe Kindle 2 released by Amazon last month is thinner and faster and has access to an increasing number of book titles. So popular that it flew off the shelves last Christmas despite the economic downturn, Kindle 2 continues to revolutionize the e-book and traditional publishing industries.
One of the latest features of the Kindle [...]
>> What Is An “Exclusive” Software License?
0 Comments Published August 26th, 2008 in Business, Contracts, Copyright, NewsThere’s a fascinating discussion over at the AdamsDrafting blog about we lawyers and the language we use to draft software license agreements. The article dissects the contract language which has evolved and which we routinely use in licensing software.
Here are some of the questions being discussed:
Is a license the entire contract, or is a [...]
Email Disclaimers: Legal Lifesavers, or Waste of Bandwidth?
1 Comment Published July 19th, 2007 in Business, Consumer, Contracts, Copyright, InternetHere’s an Infoworld item on Ed Foster’s Gripelog about those annoying email disclaimers. Should anyone use email disclaimers? Should everyone use email disclaimers? Are they legally effective? Are they worth it? I commented on the blog entry for Ed’s readers, but the legal issues are worth exploring on here.
Email disclaimers [...]
Signatures No — Contract Yes?
0 Comments Published September 8th, 2006 in Business, Contracts, Michigan LawClients often place an undue emphasis on “the dotted line” in thinking about whether a deal is done, or not done. Do you need to sign on the dotted line, to have an enforceable contract? According to Michigan courts, not necessarily.
It goes without saying that a written contract signed by the parties is [...]
Contracts Can Affect Your Time to Bring a Lawsuit
0 Comments Published February 10th, 2005 in Business, Consumer, Contracts, Employment, Michigan Law, NewsFine Print Can Shorten Your Time To Sue
Maybe you’ve got a new job and you’re being asked to sign a standard employment contract. Or maybe you are an existing employee and your company is belatedly putting written agreements into place. Or, maybe you are an employer or a small company who hires workers under a [...]