The habendum clause defines rights and terms in property transfer contracts, crucial in real estate and oil leases. Discover ...

A severability clause lets certain contract parts remain valid, even if others are void. Learn about its definition, key ...

In resolving construction contract negotiations and disputes, we’ve seen a number of overlooked clauses carry significant importance: a 20-year roof warranty limited to material replacement costs (no ...

The following information is presented as samples of typical (non-construction) contract wording, and should not be construed or used as legal advice. Check with your counsel on all contracts. These ...

MLB superstar Shohei Ohtani rocked the sports world in signing a 10-year, $700 million contract with the Los Angeles Dodgers. The 29-year-old pitcher and power hitter's record contract came with a few ...

In this Insight, first published in PLC, Shy Jackson considers the Court of Appeal's decision in Providence Building Services Ltd v Hexagon Housing Association Ltd [2024] EWCA Civ 962 that a ...

Indemnification is used for risk allocation Indemnification may include defense obligation Indemnified party is entitled to reimbursement for covered losses Indemnification can be complex and heavily ...

NFL player contracts are often filled with detailed rules, bonuses, and conditions that go beyond basic salary. Some of these clauses are quite unexpected and may seem unusual to fans. They can cover ...