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.
At the Blog for Business Law, a post on unique issues related to selling a business operated as a sole proprietorship.
Part 1 of this series, "Introduction to Alternative Dispute Resolution," can be found here.
In the past, contract negotiations were typically part of a deliberative—if not formal—process, whether that process was carried out in-person, over the phone, by exchange of letters, or any combination of these types of communication. But those days are long gone. E-mail reigns supreme as the
The term “ADR” stands for “alternative dispute resolution.” The term ADR, when used in reference to a pending civil lawsuit, refers to the resolution of the lawsuit by means other than having a judge or jury decide the ultimate issues. ADR can be as informal as negotiations between the parties