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contracts
Own your own jet
Today at the Virtualization and Cloud Computing Expo, Songnian Zhou made the analogy that traditional server allocation is like owning your own jet: traditionally, each company owns its own servers, because every once in a while, they need the full capacity; similarly, you can own your own...
Force Majeure Provisions in Outsourcing Contracts
Last week, I provided a general overview of some of the compelling reasons for outsourcing at E-Solutions Integrator. Outsourcing contracts need to be carefully negotiated as problems can have a huge impact on the company that outsources. Lawyers tend to use the same boilerplate provisions d...
CA1: Girl interrupted was “molested” not “exploited”
National Union Fire v. West Lake Academy, Nos. 07-2190, 07-2204 (11/13/08). This is a fun insurance coverage case. It is pretty rare that case begins with the words “Fourth-party plaintiff Jane Doe (“Doe”)). Westlake Academy is one of those places...National Union Fire v. West Lake Academy, Nos. 07-...
HUD unveils "new" mortgage disclosure rules. Yay! Another new form!
The United States Department of Housing and Urban Development ("HUD") today announced new regulations intended to make the mortgage shopping experience more transparent. Whew. And not a moment too soon! The center piece of the new regulation is the requirement...
Are "short sales" worth the hassle?
One of the biggest myths in the housing crunch and the stress of the foreclosure process is the belief in the possibility of salvation from a so-called "short sale." They're being oversold by brokers and agents because, well, with mortgage lenders' being mostly shuttered while they...
