Topic
Contract Modification
53 published works
SpotDraft Blog
Contract Amendment: Everything you need to know
By SpotDraft
Discover everything you need to know about contract amendments, including their importance, common reasons, and best practices for managing them effectively.
Commercial Case Notes
Contract Modification Does Not Require New Consideration
By John Lundin
On May 23, 2024, the First Department issued a decision in Kataman Metals LLC v. Macquarie Futures USA, LLC, 2024 NY Slip Op. 02869, holding that a modification to a…
BuildSmart
Signature Lines Matter: When a Contract Amendment Is Not Really an Amendment
Construction law is largely a matter of contract law. Yes, there are federal and state statutes that deal with construction issues and, yes, construction cases sometimes involve tort claims, but more…
Government Contracts Featured Insights
Assessing the Scope and Authority of Modifications Before Contract Closeouts
Contractors often face situations requiring them to enter bilateral contract modifications towards the end of a contract to close it out. To avoid incurring excessive costs and liability in such…
Canna Law Blog
How to Amend Cannabis Contracts
Most cannabis businesses have to amend written cannabis contracts on a regular basis. And many of them do it all wrong. Today, I’ll look at some of the key issues…
Florida Construction Legal Updates
DIFFERENCE BETWEEN A NOVATION AND A MODIFICATION TO A CONTRACT
In contract law, there are two doctrines that have similarities but are indeed different. These doctrines are known as novation and modification. There are times you may want to make…
Modern contract management blog
Contract Addendum VS Contract Amendment: What’s The Difference?
By Olga Mack
It’s not uncommon for contracts to need adjustments after they’re signed. If your company handles contracts on a regular basis, you will most likely have to make a contract amendment…
Modern contract management blog
What is a Change of Contract: Tips on How to Make and Control Contract Modifications
By Olga Mack
Contract amendments are common as circumstances often change after drafting the initial terms. However, this process is often tiresome for both parties since they must rewrite and renegotiate the new…
Federal Construction Contracting Blog
Bilateral Modifications: Read, Re-Read, and Read Again Before You Sign
The Armed Services Board of Contract Appeals’ (ASBCA) recent decision in Odyssey International, Inc. provides contractors with yet another cautionary tale when executing modifications with the government: make sure you…
Juro
Contract amendment basics: how to amend a contract:
When you enter into a contract with someone, you both agree to be bound by its terms. But what happens if you need to change these?In this article we'll look…