From the Illinois supreme court in 1550 MP Road LLC v. Teamsters Local No. 700, 2019 IL 123046 (Mar. 21, 2019): A landlord sued its defaulting tenant, a union local. The landlord won a $2.3 million…| On Contracts
The Department of Veterans Affairs (VA) issued a request for quotes for leasing a cranial surgical navigation system. Beacon Point Associates LLC submitted a quote, which included a payment schedule and terms stating the government must exercise all renewal options if it obtained sufficient funds. The VA awarded the contract to Beacon Point, which included the same payment schedule but did not explicitly incorporate the terms of Beacon Point’s quote.| Justia Law
Brett Jens resigned from his position at Wilbur-Ellis Company, LLC, and subsequently joined a competitor, J.R. Simplot Company. Wilbur-Ellis filed a lawsuit against Jens and Simplot, seeking a preliminary injunction to enforce restrictive covenants in Jens’s employment agreement and to prevent Simplot’s alleged tortious interference with the agreement. The district court denied the motion for a preliminary injunction, concluding that the restrictive covenants were no longer enforceable.| Justia Law
In September 2019, Sweet Additions Ingredient Processors, LLC (Sweet Additions) and Meelunie America, Inc. (Meelunie) entered into a fixed-price sales contract for the supply of organic tapioca starch for the 2020 calendar year. Due to the COVID-19 pandemic, Meelunie faced supply chain disruptions and failed to deliver the full quantity of tapioca starch. Meelunie suggested that Sweet Additions cover higher shipping costs, which Sweet Additions declined. Sweet Additions then contracted with a...| Justia Law
Here’s one from the [Stuff] People Pull department, that is, real-world stories that I collect to tell to my 3L contract-drafting students and maybe someday include in a book: Annet…| On Contracts
Ambiguity: Pay $680K each of 16 months, or in total? In a First Circuit case, an employee’s severance agreement with his company called for the company to pay the employee “monthly seve…| On Contracts
From Wohlt v. Wohlt, No. 4S-DR-385 (Ind. Nov. 21, 2024): While they were married, Christi Wohlt and August Wohlt owned a company called Echo Systems, Inc., which mined, traded, and stored cryptocurrencies. When they dissolved their marriage, they agreed in their property settlement that “Husband shall retain all assets of the business, except for . . . […] --- See also(list is generated automatically):Court voids contract not written in Indonesian; Chinese contracts might be best w...| On Contracts