When two or more people strike a bargain, and each party to the agreement promises to give something up in order to get something else in return, those individuals have created what is known as a ...

Section 546(e) of the Bankruptcy Code's "safe harbor" preventing avoidance in bankruptcy of certain securities, commodity, or forward-contract payments has long been a magnet for controversy. Several ...

Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. Dr. JeFreda R. Brown is a financial ...

Linklaters has signed up to a new initiative aiming bring together a consortium of legal and technology partners to help promote open standards around smart contracts. Richard Hay, the UK head of ...

Indemnification is used for risk allocation Indemnification may include defense obligation Indemnified party is entitled to reimbursement for covered losses Indemnification can be complex and heavily ...

No party can evoke, modify or rescind a contract, except by mutual consent or court order The developer does not have the right to amend the contract by his own wish unless you accept to amend it.