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Ted A. Donner Donner & Company Law Offices LLC

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Presentation on theme: "Ted A. Donner Donner & Company Law Offices LLC"— Presentation transcript:

1 Ted A. Donner Donner & Company Law Offices LLC
ADVANCED BUSINESS CONTRACTS Ted A. Donner Donner & Company Law Offices LLC

2 Contract Negotiations
Communication skills (listening exercises and improvisation); Familiarity with legal issues that tend to arise (availability of parole evidence, rules of construction, other statutory requirements for specific industries or kinds of agreement); Identifying what needs to happen for a deal to proceed (conditions precedent, representations and warranties); Protecting against breach of contract (actual damages, liquidated damages, attorney fees, injunctive relief, mitigating damages); Identifying appropriate forums for dispute resolution

3 Advanced Business Contracts June 2019
V. EVADING ENFORCEABILITY ISSUES AND EFFECTIVELY NEGOTIATING CONDITIONS Advanced Business Contracts June 2019

4 Negotiating Conditions That Trigger Liquidated Damages Clauses;
Representations and Warranties; Drafting to Ensure Enforceability; Boilerplate Integration Clauses; Severability Clauses; Confidentiality Clauses; Mistakes in Non-Compete Clauses; Liquidated Damages to Deter Breach; Intangible Assets and Intellectual Property; Court’s View of Restrictive Covenants EVADING ENFORCEABILITY ISSUES AND EFFECETIVELY NEGOTIATING CONDITIONS Our focus here: Looking at contract provisions which require performance by both sides and evaluating what is needed to either compel performance or recover from non-performance (through methods for calculating damages, liquidated damages provisions and/or injunctive relief)

5 A. Negotiating Conditions That Trigger Liquidated Damage Clauses
V. EVADING ENFORCEABILITY ISSUES A. Negotiating Conditions That Trigger Liquidated Damage Clauses

6 B. Representations and Warranties
V. EVADING ENFORCEABILITY ISSUES B. Representations and Warranties

7 C. Drafting to Ensure Enforceability
V. EVADING ENFORCEABILITY ISSUES C. Drafting to Ensure Enforceability

8 D. Boilerplate Integration Clause
V. EVADING ENFORCEABILITY ISSUES D. Boilerplate Integration Clause

9 E. Severability Clauses
V. EVADING ENFORCEABILITY ISSUES E. Severability Clauses

10 F. Confidentiality Clauses
V. EVADING ENFORCEABILITY ISSUES F. Confidentiality Clauses

11 G. Mistakes in Non-Compete Clauses
V. EVADING ENFORCEABILITY ISSUES G. Mistakes in Non-Compete Clauses

12 H. Liquidated Damages to Deter Breach
V. EVADING ENFORCEABILITY ISSUES H. Liquidated Damages to Deter Breach

13 I. Intangible Assets and Intellectual Property
V. EVADING ENFORCEABILITY ISSUES I. Intangible Assets and Intellectual Property

14 J. Court's View of Restrictive Covenants
V. EVADING ENFORCEABILITY ISSUES J. Court's View of Restrictive Covenants

15 10 Minutes, Please

16 Advanced Business Contracts June 2019
VI. THE REFINED ART OF BARGAINING PRICE, ADJUSTMENTS AND PAYMENT IN AGREEMENTS Advanced Business Contracts June 2019

17 Real-World Contract Language; Articulating Formulas;
“Sophisticated Price Negotiations; Price Adjustment Negotiations; Push Back on Price; When Negotiations Come to a Halt; Holdback “Hitches;” Tax Considerations and Allocation Issues; Payment by Stock or Note THE REFINED ART OF BARGAINING PRICE, ADJUSTMENTS AND PAYMENTS IN AGREEMENT Our focus here: Developing tools to assist our clients in getting what they’re really seeking in the way of agreements on price, including agreements with regard to an initial price schedule and adjustments that may prove necessary depending upon changes in circumstances.

18 A. Real-World Contract Language
VI. THE REFINED ART OF BARGAINING PRICE A. Real-World Contract Language

19 B. Articulating Formulas
VI. THE REFINED ART OF BARGAINING PRICE B. Articulating Formulas

20

21 C. Sophisticated Price Negotiations
VI. THE REFINED ART OF BARGAINING PRICE C. Sophisticated Price Negotiations

22 D. Price Adjustment Negotiations
VI. THE REFINED ART OF BARGAINING PRICE D. Price Adjustment Negotiations

23 VI. THE REFINED ART OF BARGAINING PRICE
E. Push-Back on Price

24 F. When Negotiations Come to a Halt
VI. THE REFINED ART OF BARGAINING PRICE F. When Negotiations Come to a Halt

25 VI. THE REFINED ART OF BARGAINING PRICE
G. Holdback "Hitches"

26 H. Tax Considerations and Allocation Issues
VI. THE REFINED ART OF BARGAINING PRICE H. Tax Considerations and Allocation Issues

27 I. Payment by Stock or Note
VI. THE REFINED ART OF BARGAINING PRICE I. Payment by Stock or Note

28 10 Minutes, Please

29 Advanced Business Contracts June 2019
VII. ETHICS FOR THE CONTRACT ATTORNEY Advanced Business Contracts June 2019

30 Using Boilerplate Provisions; Role of Lawyers in Negotiations;
Attorney Fees; Due Diligence; Using Boilerplate Provisions; Role of Lawyers in Negotiations; Amendments and Waivers ETHICS FOR THE CONTRACT ATTORNEY Our focus here: Stopping to think about the various ways our ethical obligations as attorneys can and should impact on the ways in which we approach a given contract negotiation; reviewing some of the more critical ethical requirements and discussing the practical concerns that tend to arise.

31 VII. ETHICS FOR THE CONTRACT ATTORNEY
A. Attorney Fees

32 VII. ETHICS FOR THE CONTRACT ATTORNEY
B. Due Diligence

33 C. Using Boilerplate Provisions
VII. ETHICS FOR THE CONTRACT ATTORNEY C. Using Boilerplate Provisions

34 D. Role of Lawyers in Negotiations
VII. ETHICS FOR THE CONTRACT ATTORNEY D. Role of Lawyers in Negotiations

35 E. Amendments and Waivers
VII. ETHICS FOR THE CONTRACT ATTORNEY E. Amendments and Waivers

36 Advanced Business Contracts June 2019
VIII. COMPLEX CONTRACT DISPUTE ISSUES AND REMEDIES Advanced Business Contracts June 2019

37 Advanced Remedies for Breach; Multiparty Disputes: Do’s and Don’t’s
Arbitration Clauses; Picking Your Battles; Advanced Remedies for Breach; Multiparty Disputes: Do’s and Don’t’s COMPLEX CONTRACT DISPUTE ISSUES AND REMEDIES Our focus here: Taking a look at a number of issues likely to arise in any contract negotiation and at the ways in which attorneys and their clients approach such issues, with emphasis on concerns which tend to arise in the context of dispute resolution.

38 VIII. COMPLEX CONTRACT DISPUTES: ISSUES AND REMEDIES
A. Arbitration Clauses

39 VIII. COMPLEX CONTRACT DISPUTES: ISSUES AND REMEDIES
B. Picking Your Battles

40 C. Advanced Remedies for Breach
VIII. COMPLEX CONTRACT DISPUTES: ISSUES AND REMEDIES C. Advanced Remedies for Breach

41 D. Multiparty Disputes Do’s and Don’ts
VIII. COMPLEX CONTRACT DISPUTES: ISSUES AND REMEDIES D. Multiparty Disputes Do’s and Don’ts

42 Ted A. Donner Donner & Company Law Offices LLC
ADVANCED BUSINESS CONTRACTS Ted A. Donner Donner & Company Law Offices LLC

43 Thank you and good night!


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