ContractsProf Blog
The ContractsProf Blog is edited by Franklin G. Snyder, Professor of Law at Texas Wesleyan University Law School. Other contributing editors are Miriam A. Cherry, Associate Professor of Law at McGeorge School of Law at the University of the Pacific; Meredith R. Miller, Assistant Professor of Law at Touro Law Center; Keith A. Rowley, Professor of Law at University of Nevada-Las Vegas; and D. A. Jeremy Telman, Associate Professor of law at Valparaiso University Law School.
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Featured Articles
Grain Contracts: Floods and Price Fluctuations
What is a grain farmer obligated to do when a flood causes loss of a crop? Is the farmer still obligated to deliver grain under forward contracts? If the flood causes the market price of grain to increase, can the...
Recent Articles
GM Seeks In-Kind Damages in Suit v. Cadence Innovation LLC
Last year, Cadence Innovation LLC and General Motors entered into a contract under which Cadence would provide parts necessary for certain GM cars. AsThe Detroit Free Press reported last week, Cadence filed for bankruptcy in August 2008 and is now...
Time-Warner Caves in Negotiations with Spongebob, Dora
At left, we have SpongeBob, a Nickelodeon character shown in the process of eating Manhattan. Those of you with children may have noticed an annoying scroll covering up SpongeBob's stick legs during yesterday's broadcast. Those of you who get your...
Contracts Issues in the Canadian Television Series "Slings and Arrows"
Here is a wholly inadequate trailer for the brilliant Canadian series, "Slings and Arrows." I cannot begin to tell you how tremendous this series is. Let me put it this way. Today is December 31st. If you are sitting there...
Business Associations Limerick of the Week: Santa Fe Industries
Santa Fe Industries owned 95% of the stock of the Kirby Lumber Corp. This put Santa Fe over the relevant threshold under Delaware law and thus permitted Santa Fe to avail itself of Delaware's short-form merger statute. Santa Fe offered...
Contracts Limerick of the Week: Transatlantic Financing
You may think that the one-week drought in Limericks was a product of the winter holidays, and you might be right. Or it might be an attempt to build up the tension before the following: my last Contracts Limerick!!! Well,...
Two Takes on High-Risk Borrowing ...
... one whimsical and seasonal; the other thoughtful and timely. This, from Sunday's Las Vegas Review-Journal: And, from NYU's Oren Bar-Gill, The Law, Economics and Psychology of Subprime Mortgage Contracts: Over 4 million subprime loans were originated in 2006, bringing...
Now in Print: Dispatches from Abroad
As our world shrinks and becomes increasingly interconnected, U.S. scholars visit or take posts abroad and foreign scholars reciprocate, and private law systems tend to converge, it seems odd that U.S. contracts scholarship is not chock full of citations to...
Wilkinson-Ryan on the Behavioral Economics of Efficient Breach and Liquidated Damages
Tess Wilkinson-Ryan, Sharswood Fellow in Law and Psychology at the University of Pennsylvania School of Law, recently posted Do Liquidated Damages Clauses Encourage Efficient Breach?, in which she (1) reports the methodology and results of a series of experiments designed...
Ho-Ho-Huh?
One of my former research assistants sent me this card two or three years ago.
