Topic
Contract Termination
104 published works
China Law Vision
Brief Summary of Circumstances of Terminating an Insurance Contract by Insurance Companies
By AnJie Broad
Where the law stipulates or conditions that the parties to a contract agree on are met, an insurance contract may be rescinded if the parties to the contract reach a…
ContractsProf Blog
Supreme Court Rejects Franchisees’ Claims for Statutory Relief for Constructive Termination of Franchise Agreements
The U.S. Supreme Court today decided Mac's Shell Service, Inc. v. Shell Oil Products Co. The unanimous decision was authored by Justice Alito. The consolidated cases involved franchisees who claimed that…
ContractsProf Blog
Conan Has Nothing but Regrets — Oh, and $40 Million
According to the Wall Street Journal, NBC and Conan O'Brien will soon finalize an agreement that terminates his short stint on The Tonight Show in return for $40 million, the…
ContractsProf Blog
Buyer’s Remorse, Now With Bite
Recently, the New York Court of Appeals unanimously held that the buyers of a house could back out of the deal by disapproving of the contract pursuant to an “attorney…
In The (Red)®
Are “Termination On Bankruptcy” Contract Clauses Enforceable?
Practically every contract has a provision that makes the bankruptcy or insolvency of one contracting party a trigger for the other party to terminate the contract. These are standard fare and rarely…
Delaware Corporate & Commercial Litigation Blog
Termination Not a Violation of Contract Terms
In Rohn Industries, Inc. v. Platinum Equity LLC, download file, the Delaware Superior Court applied New York law and ruled that a decision to terminate a contract was neither arbitrary…
ContractsProf Blog
Sears, CSC, in battle over contract termination
In what's shaping up as a classic "bad faith" case, retailer Sears Roebuck and IT provider Computer Services Corp. are battling over a $1.6 billion computer services contract. Sears has…
ContractsProf Blog
No implied termination term long-term relationship
A party to a long-term commercial relationship need not give notice of termination to the other party before exiting, unless there is an on-going contract, according to the Irish Supreme…
ContractsProf Blog
Implied term can’t conflict with express term
An implied "good cause" termination clause in a contract is inconsistent with an express clause that provides the employee may be fired on one month’s notice, according to the Irish…
ContractsProf Blog
Cases—Termination—Notices must be “clear and unequivocal”
A seller who had consistently failed to perform adequately under a contract managed even to get the termination notice wrong—thus leading to an automatic renewal of the badly performed contract. …