UCLA Files $200 Million Lawsuit Against Under Armour In Breach Of Contract Dispute
UCLA is suing Under Armour in a breach of contract lawsuit, and is demanding $200 million in damages. The university alleges the apparel company embellished its financial standing before luring it into a $280 million contract. UCLA contends that Under Armour breached the contract by failing to make scheduled payments or deliver its product as […]
Understanding Indemnification
When a party enters into a contract, it is often most concerned with what services will be provided and at what price. Contract terms that address indemnification may not be analyzed as carefully as they should be, may be misunderstood, or may be left out entirely. Indemnification may not be at the forefront of the […]
Something Old, Something New, Something Borrowed, Someone Sued
It’s a twist on the age-old story. Two people meet. They fall in love. They decide to get married. They … sue? Right now, in New York, there is a legal fight over whether large, indoor wedding receptions can be held and ultimately, at present, the question remains unanswered. There is a pending lawsuit that […]
The Importance of Well-Drafted Contracts for Your Business
Everyone knows the value of a contract. It enables parties to come to mutually beneficial agreements which facilitate innovation, creativity, and business expansion. But drafting a contract is easier said than done. A layperson could draft something that looks like a contract, but is woefully deficient. It may even contain provisions that are not enforceable. […]
