Tag Archives: contract

Suspensive condition of tender not met – no valid contract

A builder submitted a tender to the Development Bank of Southern Africa (DBSA) for construction of a school. The tender was ‘conditionally accepted’ and further documents had to be submitted by a deadline date after which the construction contract would … Continue reading

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AmEx had no duty to update investors about contract negotiations

By Anne Sherry, J.D. The Second Circuit agreed with a district court that American Express did not violate the securities laws by making—or failing to update—certain statements about its relationship with Costco. After AmEx ended its co-branding agreement with Costco … Continue reading

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Medical Equipment Distributor Awarded Significant Damages After Manufacturer Breached Contract — Chicago Business Litigation Lawyers

Two companies entered into an exclusive distribution agreement for a medical bed that was marketed to hospitals and long term care facilities. The agreement contained a provision automatically extending the exclusivity period if the distributor agreed to purchase at least … Continue reading

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Neota Logic and LawGeex Partner to Address an Issue in Contract Negotiation

I have only read the press release, not seen it in action, but this sounds interesting: Neota Logic, developer of an AI automation platform, and LawGeex, an AI contract review platform, have partnered to automate a step in contract negotiations. … Continue reading

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Deeper Dive: Security Incident Mitigation Strategy: Effective Negotiation of Technology Contract Limitations of Liability

There is always significant negotiation around caps on liability when negotiating a contract with a technology vendor. If the vendor will have access to the personal information of its customers’ end users (regardless of whether the end users are employees … Continue reading

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