In Cooper Tire & Rubber Company v. Apollo (Mauritius) Holdings Pvt. Ltd, C.A. No. 8980-VCG (Del. Ch. Nov.
Lawyers drafting contracts (including operating agreements for LLCs and other business entities) often use "notwithstanding anything to the contrary" clauses to lend preclusive effect to a particular section. For example, an agreement might contain a provision that "notwithstanding anything to the contrary in this agreement, any Member may engage in other business without the permission of the Company or the other Members."
An excerpt from Chapter 26 (Real Property), dealing with the sale of real property and financing arrangements, follows below.
The Illinois Appellate Court has answered the question in the affirmative.
Bitcoin is a digital currency created in 2008 as a peer-to-peer electronic cash system. Information about Bitcoins can be found on the currency's website and in this Adrienne Jeffries's
Berger Harris partner Lisa Stark was a contributing author to the “Annual Survey of Judicial Developments Pertaining to Venture Capital,” which was published in September 2013 in Preferred Returns, the newsletter of
Law and the Multiverse, a blog dedicated to the legal analysis of comic books and other related media, has a very fun but informa
At the China Law Blog, Dan Harris has an interesting piece on the use of memoranda of understanding (MOU) in commercial transactions between companies in the U.S. and China.
An excerpt from Business Law Basics, this one dealing with the formation and interpretation of contracts under general principles of common law, can be downloaded here.